Capri (CPRI) - 2021 Q4 - Earnings Call Presentation

VERSACE JIMMY CHOO MICHAEL KORS 4Q Fiscal Year 2021 Earnings Presentation May 26, 2021 FOURTH QUARTER FISCAL 2021 HIGHLIGHTS • Revenue was flat to prior year, a sequential improvement relative to 3Q21 o E-commerce sales improved sequentially, up 80% o Retail sales up 13% globally – with growth across all three luxury houses o Double digit retail sales growth in Asia, led by triple digit growth in Mainland China • Adjusted Gross Margin expansion of 280 bps • Adjusted Operating Margin expansion of 360 bps • I ...