Capri holdings limited reiterates financial guidance for the third quarter and full year of fiscal year 2020; reports impairment charges for the second quarter ended september 28, 2019

Capri holdings limited reiterated financial guidance for the third quarter and full year of fiscal year 2020. for the full year, the company expects total revenue of approximately $5.8 billion. for the third quarter, the company expects total revenue of approximately $1.53 billion.the company reported impairment charges for the second quarter ended september 28, 2019. for the quarter, the company reported impairment of long-lived assets of $104 million against $7 million a year ago.
CPRI Ratings Summary
CPRI Quant Ranking