Capri Expects Michael Kors to Return to Growth in Fourth Quarter
Capri Holdings reported adjusted EPS of 42 cents and revenue of $809 million, beating estimates, while raising its FY2027 financial outlook.
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Why It Matters
Capri made more money than people expected this quarter. The company says its Michael Kors brand will grow again soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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