Michael Kors-owner Capri misses sales estimates

(Reuters) - Capri Holdings Ltd <CPRI.N> posted quarterly revenue below analysts' estimates on Wednesday, hurt by lower sales at its Michael Kors retail stores.

Net income attributable to the company fell to $45 million, or 30 cents per share, in the first quarter ended June 29 from $186 million, or $1.22 per share, a year earlier, due to an impairment charge.

Total revenue rose to $1.35 billion from $1.2 billion, missing analysts' average estimate of $1.37 billion, according to IBES data from Refinitiv.

(Reporting by Uday Sampath in Bengaluru; Editing by Anil D'Silva)