Capri Holdings (CPRI) Reliance on International Sales: What Investors Need to Know

Core Viewpoint - Capri Holdings' international revenue performance is crucial for assessing its financial resilience and growth prospects, especially given the interconnected global economy [2][9]. Group 1: International Revenue Performance - The company's total revenue for the quarter was $1.04 billion, reflecting a decrease of 15.4% [4]. - EMEA contributed 29.18% of total revenue, amounting to $302 million, which was a surprise increase of +3.31% compared to analyst expectations [5]. - Asia accounted for 16.62% of total revenue, translating to $172 million, also exceeding expectations with a surprise of +2.22% [6]. Group 2: Future Revenue Projections - Analysts project total revenue for the current fiscal quarter to be $772.33 million, indicating a decline of 27.6% from the previous year [7]. - For the entire year, total revenue is forecasted at $3.34 billion, a reduction of 24.7% from the previous year, with EMEA and Asia expected to contribute 35.3% ($1.18 billion) and 17.4% ($581.41 million) respectively [8]. Group 3: Market Context and Stock Performance - The reliance on international markets presents both opportunities and challenges for Capri Holdings, necessitating close monitoring of revenue trends for future projections [9]. - The stock has increased by 16.5% over the past month, outperforming the Zacks S&P 500 composite, which rose by 6.1% [13].