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Capri Holdings (STU:MKO) Gross Profit : €3,190 Mil (TTM As of Dec. 2023)


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What is Capri Holdings Gross Profit?

Capri Holdings's gross profit for the three months ended in Dec. 2023 was €851 Mil. Capri Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €3,190 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Capri Holdings's gross profit for the three months ended in Dec. 2023 was €851 Mil. Capri Holdings's Revenue for the three months ended in Dec. 2023 was €1,309 Mil. Therefore, Capri Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 65.03%.

Capri Holdings had a gross margin of 65.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Capri Holdings was 66.28%. The lowest was 58.93%. And the median was 60.65%.


Capri Holdings Gross Profit Historical Data

The historical data trend for Capri Holdings's Gross Profit 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 Gross Profit Chart

Capri Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,814.30 2,960.26 2,181.48 3,399.55 3,478.22

Capri Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial 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 948.72 809.78 749.48 779.58 850.98

Competitive Comparison of Capri Holdings's Gross Profit

For the Luxury Goods subindustry, Capri Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Retail - Cyclical Industry

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

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



Capri Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Capri Holdings's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=5248.146 - 1769.93
=3,478

Capri Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1308.559 - 457.583
=851

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,190 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Capri Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=851 / 1308.559
=65.03 %

* 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  (STU:MKO) Gross Profit 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 65.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Capri Holdings Gross Profit Related Terms

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Capri Holdings (STU:MKO) Business Description

Traded in Other Exchanges
Address
90 Whitfield Street, 2nd Floor, London, GBR, W1T 4EZ
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael 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.

Capri Holdings (STU:MKO) Headlines

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