Capri Holdings Q4 FY20: revenue $1.19 bn; net loss $551 mn

Fashion

Capri Holdings Q4 FY20: revenue $1.19 bn; net loss $551 mn

02 Jul `20

2 min read

Capri Holdings Limited, a US-based global fashion luxury group, reported 11.3 per cent revenue decline to $1.19 billion in fourth quarter (Q4) FY20, ended on March 28, 2020 compared to revenue of $1.34 billion in same quarter last year. Company reported a net loss of $551 million during the quarter compared to net income of $19 million in Q4 FY19.

Capri Holdings Limited, a US-based global fashion luxury group, reported 11.3 per cent revenue decline to $1.19 billion in fourth quarter (Q4) FY20, ended on March 28, 2020 compared to revenue of $1.34 billion in same quarter last year. Company reported a net loss of $551 million during the quarter compared to net income of $19 million in Q4 FY19.#

Gross profit for the quarter was $631 million (Q4 FY19: $793 million). Company incurred a loss from the operations of $536 million compared to income of $40 million in same quarter last year.

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