Capri (CPRI) - 2021 Q2 - Earnings Call Presentation
Capri (CPRI)2020-11-10 04:08
VERSACE JIMMY CHOO MICHAEL KORS 2Q Fiscal Year 2021 Earnings Presentation November 5, 2020 SECOND QUARTER FISCAL 2021 HIGHLIGHTS o Mid-single-digit growth in retail sales at Versace July through September • 2Q21 Gross Margin expansion of 220 bps • 2Q21 Operating Margin expansion of 240 bps • Revenue trends improved sequentially in 2Q21, with results above expectations o 2Q21 E-commerce sales up approximately 60%, a sequential acceleration versus 1Q21 o Positive sales in Mainland China in 2Q21 across all Lux ...