CAPRI HOLDINGS Reports 10.5% Decrease in Total Revenue for Fiscal Year 2023 Q4
June 19, 2023
🌥️Earnings Overview
CAPRI HOLDINGS ($NYSE:CPRI) announced total revenue of USD 1335.0 million for the fourth quarter of their fiscal year 2023, ending on March 31, 2023. This was a decrease of 10.5% compared to the same period in the prior year. Net income for the quarter was reported as USD -34.0 million, compared to the 81.0 million reported at the same time last year.
Analysis
GoodWhale has conducted an analysis of CAPRI HOLDINGS‘ financials, and based on our Risk Rating, it is a high risk investment in terms of both financial and business aspects. Our analysis has revealed two risk warnings in the income sheet and balance sheet. For more detailed information about these risks, registering with us is the best way to get a full overview. We offer reliable and up-to-date information about CAPRI HOLDINGS’ current financial situation that can help you make an informed decision when it comes to investing. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Capri Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 5.62k | 616 | 13.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Capri Holdings. More…
| Operations | Investing | Financing |
| 771 | 183 | -776 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Capri Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.29k | 5.45k | 15.75 |
Key Ratios Snapshot
Some of the financial key ratios for Capri Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.4% | 14.5% | 14.9% |
| FCF Margin | ROE | ROA |
| 9.7% | 25.7% | 7.2% |
Peers
The fashion industry is extremely competitive, with companies constantly vying for market share. Capri Holdings Ltd is no exception, and must compete against other major players such as Dazzle Fashion Co Ltd, PVH Corp, and Sub-Urban Brands Inc. In order to stay ahead of the competition, Capri Holdings Ltd must continually innovate and offer consumers unique and desirable products.
– Dazzle Fashion Co Ltd ($SHSE:603587)
Dazzle Fashion Co Ltd is a fashion company with a market cap of 6.76B as of 2022. The company has a Return on Equity of 11.66%. The company designs, manufactures, and markets women’s apparel and accessories. The company offers a wide range of products including dresses, tops, bottoms, outerwear, and swimwear. The company operates in two segments: wholesale and retail. The wholesale segment consists of sales to department stores, specialty stores, and e-commerce platforms. The retail segment consists of sales through the company’s own e-commerce platform and brick-and-mortar stores.
– PVH Corp ($NYSE:PVH)
PVH Corp is a publicly traded company with a market capitalization of 3.08 billion as of 2022. The company has a return on equity of 11.85%. PVH Corp is a holding company that operates through its subsidiaries. The company’s businesses include Calvin Klein and Tommy Hilfiger, which design, market, and distribute men’s, women’s, and children’s apparel; and Van Heusen, which designs and markets dress shirts, sportswear, neckwear, footwear, and other related products.
Summary
At the same time, the company reported a net income of USD -34.0 million, compared to USD 81.0 million from the same period last year. This disappointing performance lead to a drop in the stock price on the same day. For investors, this suggests that CAPRI HOLDINGS may not be a safe investment right now and further research should be done before investing.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
