Capri Holdings sees FY25 revenue $4.4B, consensus $4.51B

FY25 revenue includes a negative impact of approximately $40M from foreign currency; Adjusted operating income of approximately $100M; Ending inventory to be below prior year. For Versace, the Company expects total revenue of approximately $810M, including a negative impact of approximately $10M from foreign currency; Operating margin in the negative high-single-digit range. For Jimmy Choo, the Company expects the following: total revenue of approximately $600M, including a negative impact of approximately $5M from foreign currency; Operating margin in the negative low-single-digit range. For Michael Kors, the Company expects the following: total revenue of approximately $3.0B, including a negative impact of approximately $25 million from foreign currency; Operating margin in the low-double-digit range.