US’ Capri Holdings outlook: Temporary declines, long-term gains
Capri Holdings has forecast revenue of $4.4 billion for FY25, dipping to $4.1 billion in FY26 before rising to $4.7 billion in FY28 and to $6.3 billion in the future. Michael Kors, Versace, and Jimmy Choo are expected to follow similar trends. Adjusted operating margins will improve from 2.3 per cent in FY25 to high-teen levels in the future beyond FY28.
Capri Holdings has forecast revenue of $4.4 billion for FY25, dipping to $4.1 billion in FY26 before rising to $4.7 billion in FY28 and to $6.3 billion in the future.
Michael Kors, Versace, and Jimmy Choo are expected to follow similar trends.
Adjusted operating margins will improve from 2.3 per cent in FY25 to high-teen levels in the future beyond FY28.
