Capri Holdings Ltd (NYSE:CPRI)
$ 21.355 0.225 (1.06%) Market Cap: 2.49 Bil Enterprise Value: 5.78 Bil PE Ratio: 0 PB Ratio: 1.68 GF Score: 63/100
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Capri Holdings Ltd at JPMorgan Boss' Retail Round-Up Conference Transcript

Apr 10, 2019 / 04:30PM GMT
Release Date Price: $49.83 (+2.64%)
Matthew Robert Boss
JP Morgan Chase & Co, Research Division - MD and Senior Analyst

Okay, I think we can get started. So I'm Matt Boss, department stores and specialty softlines here at JPMorgan. Today for lunch, we have the senior management team from Capri Holdings. We have Chairman and CEO, John Idol; and Chief Financial Officer, Tom Edwards. The format today will be a fireside chat. And before we kick it off, management will be discussing forward-looking statements on a non-GAAP basis. And in the back of the presentation, it discusses the disclaimers around that.

So with that, we can kick off. Maybe John, could you elaborate on the strategy to create a holding company focused on the luxury segment and where does Capri stand versus that strategy today?

John D. Idol
Capri Holdings Limited - Chairman & CEO

Right. Thank you, Matt, for having us here today, and hello, everybody. I'm going to take you through just a quick few slides, which I think will really be relevant to Matt's question. About 2 years ago, we made the decision to build a

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