Model of Capri

Photo: Fibre2Fashion

Capri Expects To Stand At $5.3 Billion At Year End

For a second time in a year, the multinational fashion company, Capri Holdings Ltd has upraised their annual revenue forecast as shoppers consumed a lot of their costumes and bags. After defeating Wall Street estimates for the first-quarter revenue, Capri stands at a profit of 1.9% in premarket trading. The company expects total revenue of $5.3 billion at the end of the year.

Fri, 30 Jul 2021 - 09:45 PM / by Balaji L

Tags: revenue, Luxury Life, capri, costumes, Bags