The company relies mainly on foreign manufacturing contractors and independent third-party agents for sourcing its finished goods. Increases in raw material costs may raise production expenses, potentially impacting operating results and financial condition. The business is also exposed to fluctuations in foreign currency exchange rates, and hedging instruments may not fully offset this exposure, which could affect financial condition and results of operations.
Capri Holdings Ltd's Comment on Supply Chain
The company relies mainly on foreign manufacturing contractors and independent third-party agents for sourcing its finished goods. Increases in raw material costs may raise production expenses, potentially impacting operating results and financial condition. The business is also exposed to fluctuations in foreign currency exchange rates, and hedging instruments may not fully offset this exposure, which could affect financial condition and results of operations.
Sources:
Capri Holdings Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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