Capri Holdings Limited

21.35-0.86 (-3.87%)

Oct 29, 4:00:02 PM EDT · NYSE · CPRI · USD

Upcoming Earnings

Report date

Nov 4, 2025 (in 5 days)

Key Stats

Market Cap

2.54B

P/E (TTM)

Basic EPS (TTM)

-9.56

Dividend Yield

Recent Filings

10-Q

Q1 FY2026 results

8/7/25Aug 7, 2025

Capri Holdings posted Q1 FY2026 revenue of $797 million, down 6.0% year-over-year but up from the prior quarter, with gross margins steady at 63.0% amid pricing tweaks and tariff hits. Operating income climbed to $16 million from $11 million last year, boosted by lower SG&A expenses through cost controls, while diluted EPS from continuing operations hit $0.47, up from $0.03, reconciling neatly with 119.1 million shares. Cash from continuing operations reached $20 million, funding $13 million in capex for a free cash flow of $7 million (derived), with $129 million in cash and $586 million revolver availability offsetting $1.65 billion long-term debt under compliant covenants. The Versace sale to Prada, inked April 2025 for $1.375 billion cash and eyed for H2 close, sharpens focus on Michael Kors and Jimmy Choo. Yet Versace's pending divestiture leaves Capri exposed to antitrust snags.

8-K

Shareholders approve directors, pay

8/7/25Aug 7, 2025

Capri Holdings' shareholders overwhelmingly elected Judy Gibbons and Jane Thompson as Class II directors at the August 7, 2025, annual meeting, with 87 million and 88 million votes for, respectively. They ratified Ernst & Young as auditors for fiscal 2026 and approved executive pay on a non-binding basis, while opting for annual say-on-pay votes. The amended incentive plan passed narrowly with 66 million in favor amid 22 million against. Strong turnout signals board continuity, yet pay scrutiny lingers.

8-K

Q1 revenue dips, Versace sale advances

8/6/25Aug 6, 2025

Capri Holdings reported first-quarter fiscal 2026 results from continuing operations, with revenue falling 6.0% to $797 million and operating margin edging up to 2.0%, driven by sequential improvements in trends across Michael Kors and Jimmy Choo. Versace's $1.375 billion sale to Prada, announced earlier, is classified as discontinued and expected to close in the second half of 2025, subject to approvals. The company guides full-year revenue to $3.375-$3.45 billion and adjusted EPS to $1.20-$1.40, while stabilizing amid macroeconomic pressures. Risks include tariff hikes and currency swings.

10-K

FY2025 results

5/28/25May 28, 2025

Capri Holdings' FY2025 revenue fell 14.1% y/y to $4.4B, with Q4 contributing to the annual decline amid softening global luxury demand, though sequential improvements emerged in Michael Kors' margins. Versace revenue dropped 20.3% y/y to $821M, driven by repositioning missteps and weak EMEA/Asia sales, while Jimmy Choo edged down 2.1% to $605M but showed Q4 stabilization in footwear. Michael Kors, 68% of revenue, slid 14.4% to $3.0B, yet Q4 full-price sell-throughs accelerated 2% q/q, lifting gross margins to 61.2% despite annual compression. Operating loss widened to $752M from impairments, but free cash flow held at $153M (derived: operating cash $281M minus capex $128M), with $1.5B debt and $794M revolver availability supporting liquidity. No FY2026 guidance disclosed. Depressed consumer spending risks quarterly momentum.

8-K

Capri's revenue drops, Versace sale on

5/28/25May 28, 2025

Capri Holdings reported fiscal 2025 results with total revenue down 14.1% to $4.4 billion in constant currency, driven by sharp declines at Versace and Michael Kors, while Jimmy Choo held steadier. The company posted an adjusted operating margin of 2.0% but took a $545 million non-cash tax valuation allowance, widening net losses. It reaffirmed its $1.375 billion cash deal to sell Versace to Prada, set to close in late 2025, aiming to slash debt and refocus on core brands. Tariffs cloud the outlook, yet management eyes $3.3-3.4 billion revenue in 2026. Versace exits soon.

About

Capri Holdings Limited engages in the design, marketing, distribution, and retail of branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, Asia, and the Oceania. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, eyewear, watches, jewelry, fragrances, home furnishings, handbags, small leather goods, scarves and belts, and shoes and related accessories through a distribution network, including boutiques, and department and specialty stores, as well as through e-commerce sites. It also undertakes licensing agreements relating to manufacture and sale of watches, jewelry, eyewear, and fragrances. The company was formerly known as Michael Kors Holdings Limited and changed its name to Capri Holdings Limited in December 2018. Capri Holdings Limited was founded in 1981 and is headquartered in London, the United Kingdom.

CEO

Mr. John D. Idol

IPO

12/15/2011

Website

https://www.capriholdings.com

Employees

9,700

Sector

Consumer Cyclical

Industry

Luxury Goods