Capri Holdings reported second-quarter revenue of $809 million, down 5.5% year on year, while returning to profitability and raising its full-year earnings forecast on the recovery at Michael Kors and strong performance at Jimmy Choo.
Second-quarter revenue fell 5.5% to $809 million.
Against a backdrop of recovery at Michael Kors and strong performance at Jimmy Choo, the company returned to profitability and raised its full-year earnings forecast.
The performance of its brands and the improvement in company-wide profitability are now the focus of its earnings results.