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Capri Holdings Gross Margin %

: 64.08% (As of Mar. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. Capri Holdings's Gross Profit for the three months ended in Mar. 2022 was $956 Mil. Capri Holdings's Revenue for the three months ended in Mar. 2022 was $1,492 Mil. Therefore, Capri Holdings's Gross Margin % for the quarter that ended in Mar. 2022 was 64.08%.


The historical rank and industry rank for Capri Holdings's Gross Margin % or its related term are showing as below:

CPRI' s Gross Margin % Range Over the Past 10 Years
Min: 58.93   Med: 60.58   Max: 66.22
Current: 66.22


During the past 13 years, the highest Gross Margin % of Capri Holdings was 66.22%. The lowest was 58.93%. And the median was 60.58%.

CPRI's Gross Margin % is ranked better than
91.61% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 37.74 vs CPRI: 66.22

Capri Holdings had a gross margin of 64.08% for the quarter that ended in Mar. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Capri Holdings was 2.00% per year.


Capri Holdings Gross Margin % Historical Data

The historical data trend for Capri Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Capri Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.58 60.71 58.93 63.97 66.22

Capri Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.57 68.32 68.00 65.13 64.08

Competitive Comparison

For the Luxury Goods subindustry, Capri Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Capri Holdings Gross Margin % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Capri Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Capri Holdings's Gross Margin % falls into.



Capri Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Capri Holdings's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=3744 / 5654
=(Revenue - Cost of Goods Sold) / Revenue
=(5654 - 1910) / 5654
=66.22 %

Capri Holdings's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=956 / 1492
=(Revenue - Cost of Goods Sold) / Revenue
=(1492 - 536) / 1492
=64.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Capri Holdings  (NYSE:CPRI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Capri Holdings had a gross margin of 64.08% for the quarter that ended in Mar. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Capri Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Capri Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Capri Holdings Business Description

Capri Holdings logo
Traded in Other Exchanges
Address
33 Kingsway, London, GBR, WC2B 6UF
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003 but will be replaced in the position by Joshua Schulman in late 2022.
Executives
Schulman Joshua officer: CEO - Michael Kors 603 WEST 50TH STREET NEW YORK X1 10019
Hendricks Jenna officer: SVP, Chief People Officer 33 KINGSWAY LONDON X0 WC2B 6UF
Crouther Marilyn C director 9300 LEE HIGHWAY FAIRFAX VA 22031
Purefoy Daniel officer: SVP, Global Ops 33 KINGSWAY LONDON X0 WC2B 6UF
Korologos Ann Mclaughlin director PO BOX 3599 BATTLECREEK MI 49016-3599
Freestone Robin Anthony David director 33 KINGSWAY LONDON X0 WC2B 6UF
Tomlin Jean director C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Edwards Thomas Jr. officer: EVP, CFO, COO & Treasurer 6820 LBJ FREEWAY DALLAS TX 75240
Mcdonough Krista A officer: SVP, General Counsel 33 KINGSWAY LONDON X0 WC2B 6UF
Robinson Cathy Marie officer: SVP, Corp Str & Ch Ops Off C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Kors Michael David director, officer: Hon Chair & Chief Creative Off C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET, ATTN. LEE SPORN NEW YORK NY 10036
Thompson Jane A. director C/O MICHAEL KORS (USA), INC. 11 WEST 42ND STREET NEW YORK NY 10036
Reitman Stephen F director 11 WEST 42ND STREET 21ST FLOOR NEW YORK NY 10036
Benedetto M William director 11 WEST 42ND STREET 21ST FLOOR NEW YORK NY 10036
Idol John D director, officer: Chairman & CEO 650 MADISON AVE NEW YORK NY 10022

Capri Holdings Headlines

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