LONDON (AP) — LONDON (AP) — Capri Holdings Limited (CPRI) on Friday reported fiscal second-quarter earnings of $27 million.
The London-based company said it had net income of 25 cents per share. Earnings, adjusted for one-time gains and costs, were 42 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The luxury retailer posted revenue of $809 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $781.7 million.
For the current quarter ending in December, Capri Holdings said it expects revenue in the range of $1 billion.
The company expects full-year earnings to be $2.20 per share, with revenue expected to be $3.42 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPRI at https://www.zacks.com/ap/CPRI
