Capri Holdings (CPRI) International Revenue Performance Explored

Core Viewpoint - Capri Holdings' international operations are critical for assessing its financial resilience and growth prospects, especially in the context of a declining total revenue for the quarter ended September 2024 [1][4]. Group 1: International Revenue Performance - Capri Holdings reported total revenue of $1.08 billion for the quarter, a decline of 16.4% year over year [4]. - EMEA generated $348 million, accounting for 32.25% of total revenue, which was a slight miss of 0.6% compared to analyst expectations [5]. - Asia contributed $140 million, representing 12.97% of total revenue, falling short by 28.58% from the expected $196.03 million [6]. Group 2: Future Revenue Projections - Analysts project total revenue for the current fiscal quarter to reach $1.33 billion, reflecting a decline of 6.7% from the same quarter last year [7]. - For the entire year, total revenue is forecasted at $4.74 billion, an 8.2% reduction from the previous year, with EMEA expected to contribute 27.9% and Asia 16.9% [8]. Group 3: Market Context and Challenges - The interconnected global economy necessitates a company's success in international markets for financial health and growth, while also presenting challenges such as currency fluctuations and geopolitical uncertainties [2][3]. - Financial analysts are closely monitoring international revenue trends to refine earnings estimates, which are influenced by various factors including local market status [10].