LONDON (AP) _ Capri Holdings Limited (CPRI) on Wednesday reported a fiscal first-quarter loss of $180 million, after reporting a profit in the same period a year earlier.

The London-based company said it had a loss of $1.21 per share. Losses, adjusted for restructuring costs and non-recurring costs, were $1.04 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $1.10 per share.

The luxury retailer posted revenue of $451 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $431.3 million.

Capri Holdings shares have dropped 63% since the beginning of the year. The stock has decreased 56% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPRI at https://www.zacks.com/ap/CPRI

Automated Insights, source Associated Press News