CPRI

LONDON, July 15, 2026--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2027 financial results on Wednesday, August 5, 2026, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Those who wish to participate in the call may do so by dialing (877) 704-4453 or (201) 389-0920 for international callers, conference ID 13758328. A live webcast of the conference call will also be available on the Company’s website, www.capriholdings.com. In addition, a replay of the call will be available shortly after the conclusion of the call and remain available until August 12, 2026. To access the telephone replay, listeners should dial (844) 512-2921 or (412) 317-6671 for international callers. The access code for the replay is 13758328. A replay of the webcast will also be available on the Company’s website within two hours of the conclusion of the call. About Capri Holdings Limited Capri Holdings is a global fashion luxury group consisting of iconic brands Michael Kors and Jimmy Choo. Our commitment to creativity, fashion, style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cover the full spectrum of fashion luxury categories. Our strength lies in the unique DNA and heritage of each of our brands, the diversity and passion of our people and our dedication to the clients and communities we serve. Our designs inspire consumers to embrace the feeling of luxury in every moment. Capri Holdings Limited is publicly listed on the New York Stock Exchange under the ticker CPRI. View source version on businesswire.com: https://www.businesswire.com/news/home/20260715417953/en/ Contacts FOR MORE INFORMATION:Investor Relations:Jennifer Davis+1 201 514 [email protected]:[email protected]

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Capri Holdings stock is coming off a difficult run, with the share price down 62.4% over five years, even as a Discounted Cash Flow (DCF) intrinsic value estimate points to the shares trading at a sizeable discount to that model while the broader valuation checks look less supportive. Over the past five years, Capri Holdings has declined 62.4%, which puts added focus on whether the current share price already reflects the challenges facing the business. The key swing factor for valuation is how consistently Capri Holdings can convert its brand strength into reliable cash flows, while any pressure on margins or balance sheet flexibility may limit how much investors are willing to pay for those earnings. Capri Holdings screens as undervalued on a Discounted Cash Flow (DCF) estimate by 47.1%, yet its broader checks are weaker, with only 2 of 6 tests pointing to value, which leans more toward a cautious verdict rather than a clear bargain. The issue now is whether Capri Holdings’ current price offers enough cushion between the market and the intrinsic value estimate to compensate for the risks in its underlying business. Capri Holdings delivered -6.3% returns over the last year. See how this stacks up to the rest of the Luxury industry. The Discounted Cash Flow (DCF) model estimates what Capri Holdings could be worth based on the cash it is expected to generate for shareholders over time. For Capri Holdings, the latest twelve month free cash flow figure is a loss of $7.4 million, so the model leans heavily on a recovery path in which cash flows turn positive and then grow. On that basis, the DCF points to an estimated intrinsic value of about $34.08 per share. Compared with the current share price, this DCF output implies Capri Holdings trades at a 47.1% discount to the intrinsic value estimate. This represents a large gap for investors to weigh against the required cash flow improvement. The outcome is sensitive to those future projections, but as it stands the stock screens as materially below what this model suggests. On this cash flow view, Capri Holdings stock appears undervalued relative to the intrinsic value implied by the DCF model. Our Discounted Cash Flow (DCF) analysis suggests Capri Holdings is undervalued by 47...

It has been about a month since the last earnings report for Victoria's Secret (VSXY). Shares have lost about 1.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Victoria's Secret due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Victoria's Secret & Co. before we dive into how investors and analysts have reacted as of late. Victoria’s Secret delivered a strong first quarter of fiscal 2026, with results coming in well above the company’s prior outlook. Both the top and bottom lines increased year over year.VSXY’s adjusted earnings were 60 cents per share, increasing significantly from 9 cents in the prior-year period. The reported figure was above the company’s prior range of 20-30 cents.Net sales rose 15.3% year over year to $1,559.6 million from $1,353 million, topping the previous guided range of $1,490-$1,525 million. Sales growth was supported by a 13% year-over-year comparable sales increase. Margin performance was a notable highlight. The company’s gross profit increased to $586.9 million from $476 million in the prior-year period, driven by higher regular-price selling, reduced promotions and leverage in buying and occupancy expenses, despite tariff headwinds. The adjusted gross margin improved to 37.6% from 35.2% in the prior-year period.The company’s adjusted general, administrative and store operating expenses increased to $506.9 million from $444.3 million in the prior-year period. However, adjusted general, administrative and store operating expenses, as a percentage of sales, declined 30 basis points to 32.5% from 32.8% in the prior-year period.Adjusted operating income for the first quarter reached $80 million, substantially above the previously guided range of $32 million to $42 million. The result also represented a significant improvement from the adjusted operating income of $31.7 million reported in the first quarter of 2025, highlighting a stronger-than-expected start to the fiscal year. Adjusted operating margin was 5.1% compared with 2.3% in the previous-year period. North America store sales increased 11.3% year over year to $802.8 million from $721.3 million, while the direct business grew 8.4% year over year to $469.4 million from $433.2 million, re...

A month has gone by since the last earnings report for Capri Holdings (CPRI). Shares have lost about 4.5% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Capri Holdings due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Capri Holdings delivered fourth-quarter fiscal 2026 results, with revenues missing the Zacks Consensus Estimate and declining year over year. However, earnings surpassed the consensus estimate and improved significantly from the prior-year quarter. Management highlighted that strategic initiatives introduced last year are gaining traction, with improving trends visible across both Michael Kors and Jimmy Choo. The company noted that actions taken to strengthen product innovation, brand desirability and consumer engagement are resonating well with consumers, providing early validation of its transformation efforts. Capri Holdings also emphasized that fiscal 2026 was focused on stabilizing the business and building a stronger foundation for long-term growth. Looking ahead, management expressed confidence in returning to revenue and earnings growth in fiscal 2027, projecting low-single-digit revenue growth and nearly 40% earnings-per-share growth. Longer term, the company aims to grow Michael Kors revenues to $4 billion and Jimmy Choo revenues to $800 million while significantly improving profitability and delivering sustainable long-term shareholder value. Capri Holdings reported adjusted earnings of 22 cents per share for the fourth quarter, which surpassed the Zacks Consensus Estimate of 11 cents. The bottom line improved significantly from an adjusted loss of $4.55 per share reported in the year-ago period. On a reported basis, the company posted a loss of one cent per share compared with a loss of $4.90 in the prior-year quarter. Total revenues came in at $796 million, missing the Zacks Consensus Estimate of $804 million. The top line declined 3.7% year over year on a reported basis and 7% on a constant-currency basis.By geography, The Americas remained the largest region but was also the main drag, with revenues of $433 million compared with $493 million in the ye...

This article first appeared on GuruFocus. Total Revenue: $796 million, a decline of approximately 4% year-over-year. Gross Margin: Expanded 490 basis points to 64.8%. Earnings Per Share (EPS): $0.22, a significant increase from the previous year. Michael Kors Revenue: Decreased 5.5% year-over-year. Jimmy Choo Revenue: Increased 5.3% year-over-year. Operating Margin: Total company operating margin expanded 170 basis points. Net Income: $27 million. Cash and Debt: Ended the quarter with $135 million in cash and $357 million in debt. Share Repurchases: $79 million worth of shares repurchased in the fourth quarter. Inventory: $581 million, a 17% decline year-over-year. Fiscal 2027 Revenue Guidance: Expected to increase at a low single-digit rate to approximately $3.525 billion. Fiscal 2027 EPS Guidance: Expected to be approximately $2.15, a 40% increase over last year. Warning! GuruFocus has detected 8 Warning Signs with CPRI. Is CPRI fairly valued? Test your thesis with our free DCF calculator. Release Date: May 27, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Capri Holdings Ltd (NYSE:CPRI) reported a significant gross margin expansion of 490 basis points to 64.8% in the fourth quarter. The company returned to profitability in the fourth quarter with earnings per share of $0.22, a significant increase from the previous year. Capri Holdings Ltd (NYSE:CPRI) repurchased $79 million worth of shares, reflecting confidence in future growth and value creation. The strategic initiatives at Michael Kors and Jimmy Choo are showing positive results, with increased brand desirability and consumer engagement. Jimmy Choo's revenue exceeded expectations, increasing 5.3% year-over-year, driven by strong brand momentum and strategic initiatives. Capri Holdings Ltd (NYSE:CPRI) reported a 4% decline in total company revenue for the fourth quarter, in line with expectations. Michael Kors revenue decreased by 5.5% year-over-year, primarily due to quality of sale initiatives and reduced promotional activity. The company anticipates continued pressure on the Michael Kors outlet channel due to ongoing quality of sale initiatives. Operating expenses increased by $7 million versus the prior year, primarily due to foreign currency exchange rates. Jimmy Choo's operating margin was negative 14.3%, impacted by foreign currency and...

Capri Holdings (CPRI), working to regain momentum across its brands, faces several risks to its fisc

Capri Holdings Limited CPRI delivered fourth-quarter fiscal 2026 results, with revenues missing the Zacks Consensus Estimate and declining year over year. However, earnings surpassed the consensus estimate and improved significantly from the prior-year quarter. Management highlighted that strategic initiatives introduced last year are gaining traction, with improving trends visible across both Michael Kors and Jimmy Choo. The company noted that actions taken to strengthen product innovation, brand desirability and consumer engagement are resonating well with consumers, providing early validation of its transformation efforts. Capri Holdings also emphasized that fiscal 2026 was focused on stabilizing the business and building a stronger foundation for long-term growth. Looking ahead, management expressed confidence in returning to revenue and earnings growth in fiscal 2027, projecting low-single-digit revenue growth and nearly 40% earnings-per-share growth. Longer term, the company aims to grow Michael Kors revenues to $4 billion and Jimmy Choo revenues to $800 million while significantly improving profitability and delivering sustainable long-term shareholder value. Capri Holdings Limited price-consensus-eps-surprise-chart | Capri Holdings Limited Quote Capri Holdings reported adjusted earnings of 22 cents per share for the fourth quarter, which surpassed the Zacks Consensus Estimate of 11 cents. The bottom line improved significantly from an adjusted loss of $4.55 per share reported in the year-ago period. On a reported basis, the company posted a loss of one cent per share compared with a loss of $4.90 in the prior-year quarter. Total revenues came in at $796 million, missing the Zacks Consensus Estimate of $804 million. The top line declined 3.7% year over year on a reported basis and 7% on a constant-currency basis.By geography, The Americas remained the largest region but was also the main drag, with revenues of $433 million compared with $493 million in the year-ago quarter. EMEA improved to $246 million from $223 million, while Asia edged up to $117 million from $111 million, partially offsetting softness in the Americas.Gross profit increased to $516 million from $495 million in the year-ago quarter. Gross margin expanded 490 basis points to 64.8%, aided by a $40 million reduction in the cost of goods sold tied to estimated IEEPA tariff refunds. Oper...

Capri Holdings (NYSE:CPRI) reported fiscal fourth quarter results that showed stronger-than-expected profitability but weaker-than-expected revenue, sending shares down more than 6% on Wednesday afternoon. The company posted adjusted earnings per share of $0.22, more than double the $0.11 consensus estimate. Revenue totaled $796 million, below Wall Street expectations of $803.7 million and down 3.7% year-over-year, or down 7% on a constant currency basis. For fiscal 2027, Capri Holdings expects total revenue of approximately $3.53 billion and operating income of about $190 million. Capital expenditures are projected to be around $125 million, while diluted earnings per share are expected to come in at approximately $2.15. “We are building upon the improving trends resulting from the success of our strategic initiatives,” Capri CEO John Idol said. “In fiscal 2027 we expect to return to low single digit revenue growth and approximately 40% earnings per share growth.” Jefferies analysts described the quarter as mixed, noting that revenue came in slightly below expectations, driven primarily by Michael Kors, while EBIT and EPS beat consensus. They noted that profit outperformance was supported in part by approximately $40 million in IEEPA tariff refunds, and cautioned that excluding this benefit, underlying EBIT appeared softer, though timing and offsetting factors may have played a role. Looking ahead, Jefferies highlighted financial year 2027 guidance that came in broadly in line on revenue but above expectations on EBIT and EPS, supported by an anticipated 200 basis point improvement in gross margin. The firm noted that the outlook also included moving items below the EBIT line, including interest income, tax rate assumptions, and share count benefits from buybacks. At the same time, Jefferies pointed to a softer-than-expected first-quarter outlook, with both revenue and EBIT guided below Street expectations, even as EPS came in higher due to tax rate dynamics. On brand performance, the analysts highlighted continued strength in Michael Kors retail full-price comparable sales and sequential improvement in wholesale trends, alongside similar momentum at Jimmy Choo. They also noted that the company repurchased approximately 4 million shares for $79 million during the quarter.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management is executing a deliberate 'quality of sale' reset at Michael Kors, reducing promotional activity, third-party sales, and off-price shipments to strengthen long-term brand equity. Performance attribution for the fiscal year reflects a strategic decision to prioritize full-price sell-throughs and higher Average Unit Retail (AUR) over volume, resulting in a revenue headwind of over $150 million. Jimmy Choo's return to growth in the back half of the year was driven by a successful expansion into accessories and casual footwear, broadening the brand's reach beyond occasion dressing. Operational improvements are being supported by a global store renovation program, with early results showing meaningful increases in traffic and sales at updated Michael Kors locations. Strategic positioning is focused on 'modern jet set' storytelling and influencer engagement to attract younger Gen Z and millennial consumers to both iconic fashion houses. The divestiture of Versace has significantly strengthened the balance sheet, reducing net debt from $1.4 billion to $222 million and enhancing financial flexibility for capital allocation. Fiscal 2027 guidance assumes a return to low single-digit revenue growth and a 60% increase in operating income, driven by approximately 200 basis points of gross margin expansion. Management expects the Michael Kors outlet channel to return to growth in the second half of fiscal 2027 as the brand laps quality of sale initiatives and introduces a broader fall assortment. Guidance methodology incorporates a 10% tariff assumption on products entering the United States, with price increases implemented in February 2026 intended to offset these costs. Jimmy Choo is projected to return to profitability in fiscal 2027, supported by a new profit improvement program focused on cost optimization and SKU rationalization. The company plans to utilize increasing free cash flow to fund approximately $200 million in share repurchases and renovate 100 stores globally during the fiscal year. A $40 million refund receivable related to a Supreme Court decision on IEEPA tariffs provided a significant one-time boost to fourth-quarter gross margins. The conflict in the Middle East is explicitly identified...

The Company Returned to Profitability Strategic Initiatives Gaining Traction Fiscal Year 2027 Guidance of Low-Single-Digit Revenue and 40% Adjusted EPS Growth LONDON, May 27, 2026--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the fourth quarter and full year Fiscal 2026 ended March 28, 2026. Fourth Quarter Fiscal 2026 Highlights from Continuing Operations Revenue decreased 3.7% on a reported basis and 7.0% in constant currency Operating margin of (3.4)%; adjusted operating margin of (0.1)% Loss per share of $(0.01); adjusted earnings per share of $0.22 John D. Idol, the Company’s Chairman and Chief Executive Officer, said, "Looking at fiscal 2026 we were encouraged by the progress we made executing against the strategic initiatives introduced last year to maximize the full potential of our two iconic fashion luxury houses, Michael Kors and Jimmy Choo. Throughout the year, we took deliberate actions to strengthen product innovation, brand desirability and consumer engagement and we see clear evidence that these efforts are resonating with consumers. Early validation of our strategic initiatives and improving trends across both brands reinforce our confidence in their return to revenue and earnings growth." Mr. Idol continued, "A year ago, our priority was to stabilize the business and create a stronger foundation for growth. Today, we are building upon the improving trends resulting from the success of our strategic initiatives. In fiscal 2027 we expect to return to low single digit revenue growth and approximately 40% earnings per share growth. Longer term we expect to grow Michael Kors revenue to $4 billion and Jimmy Choo revenue to $800 million while significantly increasing profitability. With a strengthened foundation and clear strategic priorities, we are well positioned to accelerate growth, enhance profitability and deliver sustainable long‑term value for our shareholders." Fourth Quarter Fiscal 2026 Results Financial Results and non-GAAP Reconciliation The Company’s results are reported in this press release in accordance with accounting principles generally accepted in the United States ("U.S. GAAP") and on an adjusted, non-GAAP basis. A reconciliation of GAAP to non-GAAP financial information is provided at the end of this press release. As previously disclosed, on Apr...

Capri Holdings (CPRI) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to a loss of $4.9 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +103.70%. A quarter ago, it was expected that this luxury retailer would post earnings of $0.78 per share when it actually produced earnings of $0.81, delivering a surprise of +3.85%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Capri Holdings, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $796 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.95%. This compares to year-ago revenues of $1.04 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Capri Holdings shares have lost about 24.2% since the beginning of the year versus the S&P 500's gain of 9.8%. While Capri Holdings has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Capri Holdings was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks...

Capri (CPRI) reported fiscal Q4 adjusted net income Wednesday of $0.22 per diluted share, swinging f