Nov 7 (Reuters) - Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in luxury goods demand.
The company’s net revenue fell 16.4% to $1.08 billion from a year earlier. Analysts were expecting an 8.7% decline to $1.18 billion, according to data compiled by LSEG.

CPRI

Nov 7 (Reuters) - Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in luxury goods demand.The company’s net revenue fell 16.4% to $1.08 billion from a year earlier. Analysts were expecting an 8.7% decline to $1.18 billion, according to data compiled by LSEG.

- Capri Holdings, the parent company of Versace, reported a larger-than-expected decline in quarterly revenue, dropping 16.4% to $1.08 billion.  
- This decline was attributed to execution missteps across its brands and a global slowdown in luxury goods demand.  
- Analysts had anticipated a smaller decrease of 8.7%, projecting revenue of $1.18 billion.  

Capri 公布季度收入下降幅度大于预期