Capri Holdings Limited · NYSE:CPRI
Capri — Q2 2019 Earnings Presentation
13 slides from Capri's earnings presentation, Nov 7, 2018
Slide 1: Capri Holdings Limited
CAPRI HOLDINGS LIMITED November 7, 2018 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains statements which are, or may be deemed to be, “forward-looking statements.” Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Michae
Slide 3: Our Global Fashion Luxury Group
OUR GLOBAL FASHION LUXURY GROUP MICHAEL KORS MICHAEL KORS • THREE ICONIC GLOBAL FOUNDER LED BRANDS • LEADERS IN STYLE AND TREND • POSITIONED FOR ACCELERATED REVENUE AND EARNINGS GROWTH 3
Slide 4: Enhanced Leadership Position in the Global Luxury Market
ENHANCED LEADERSHIP POSITION IN THE GLOBAL LUXURY MARKET 1 PRO FORMA ANNUAL SALES $850 MILLION $585 MILLION $4.5 BILLION $6.0 BILLION STORE COUNT 200 191 847 1,238 Europe Americas 18% Europe Americas 18% Europe 25% 24% Europe 36% 45% Asia SALES BY 13% Americas Americas 57% GEOGRAPHY 69% Asia Asia 19
Slide 5: Future Revenue Growth to $8 Billion
FUTURE REVENUE GROWTH TO $8 BILLION +33% Revenue in US Dollars, Billions 5
Slide 6: The Fame of Gigi Hadid
THE FAME OF Gigi Hadid 6
Slide 7: Business Profile
BUSINESS PROFILE REVENUE BY REGION REVENUE BY CHANNEL Americas Licensing 17% 7% Wholesale 29% Asia 45% Europe Retail 38% 64% REVENUE BY PRODUCT1 REVENUE BY GENDER1 Other Licensing 9% & Other Accessories 12% 24% Women's 39% Footwear 13% Ready to Wear Men's 54% 49% Source: All figures represent 2017 A
Slide 8: The Power of the Brand
THE POWER OF THE BRAND SOCIAL MEDIA LEADERSHIP1 RED CARPET PRESENCE DONATELLA Louis Vuitton Dior Dolce & Gabbana Prada Versace Michael Kors Burberry Givenchy Valentino Fendi Jimmy Choo Ralph Lauren Marc Jacobs Bulgari Saint Laurent 0 5 10 15 20 25 30 1Millions of Instagram followers. Source: ListenF
Slide 9: The Growth Opportunity
THE GROWTH OPPORTUNITY OPPORTUNITY TO GROW VERSACE TO $2 B IN SALES 1. BUILD ON VERSACE’S LUXURY RUNWAY MOMENTUM 2. ENHANCE VERSACE’S POWERFUL AND ICONIC MARKETING 3. INCREASE GLOBAL RETAIL FOOTPRINT FROM APPROXIMATELY 200 TO 300 STORES 4. ACCELERATE E-COMMERCE & OMNI-CHANNEL DEVELOPMENT $2 B ~2.5x
Slide 10: Financial Performance
FINANCIAL PERFORMANCE REVENUE, EBITDA & STORES $2,000 $1,200 $850 $775 HIGH TEENS MID RANGE EBITDA TEENS HIGH RANGE MID SINGLE SINGLE DIGITS EBITDA DIGITS EBITDA EBITDA F2018 F2019 F2022 GOAL STORES: 220 190 250 300 USD, millions 10
Slide 11: Growth Initiatives Versace
GROWTH INITIATIVESVERSACE • $1B REVENUE GOAL • EXPAND GLOBAL RETAIL FOOTPRINT • ACCELERATE FOOTWEAR GROWTH • GROW ACCESSORIES TO 50% OF REVENUES 11
Slide 12: Michael Kors Growth Initiatives
MICHAEL KORS GROWTH INITIATIVES • $5B REVENUE GOAL • BUILD ON RUNWAY 2020 MOMENTUM • PRODUCT INNOVATION • BRAND ENGAGEMENT • CUSTOMER EXPERIENCE • GROW ASIA BUSINESS TO $1B • ACCELERATE MENSWEAR BUSINESS 12
Slide 13: An $8 Billion Opportunity
AN $8 BILLION OPPORTUNITY • $2B REVENUE GOAL • $1B REVENUE GOAL • $5B REVENUE GOAL • BUILD ON VERSACE’S LUXURY • EXPAND GLOBAL RETAIL • BUILD ON RUNWAY 2020 RUNWAY MOMENTUM FOOTPRINT MOMENTUM • PRODUCT INNOVATION • ENHANCE VERSACE’S POWERFUL • ACCELERATE FOOTWEAR • BRAND ENGAGEMENT AND ICONIC MARKET