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Capri Holdings raises annual guidance despite second-quarter revenue decline

Retail Insight Network +2 · ·by G4L

CPRI
CPRI Capri Holdings Ltd
$21.38 +4.09%
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  1. 1Capri Holdings recorded a 5.5% year-over-year revenue decline in the second quarter of fiscal year 2027.
  2. 2Michael Kors second-quarter revenue fell 8.6% to $663 million.
  3. 3Capri Holdings raised its annual revenue and earnings guidance.

So what's the key point?

Capri Holdings' second-quarter revenue decreased by 5.5%. However, the company raised its expectations for annual revenue and earnings.

Source Retail Insight Network +2 · View original ↗

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