10-Q · August 8, 2024
Capri reported quarterly revenue of $1,067,000,000 (down $162,000,000 vs $1,229,000,000 a year ago) and a net loss attributable to Capri of $14,000,000 (diluted EPS $(0.11) vs $0.41 in the prior year). Operating loss…
Earnings analysis · 10-K
CPRI earnings analysis
Filed May 27, 2026 · Our reading of the company's report
The latest report
Capri Holdings Limited reported its fiscal 2026 results with total revenue of $3.474 billion, a decrease of 4.1% from the prior year, and net income from continuing operations of $80 million compared to a loss of $526…
Read full summary
Capri Holdings Limited reported its fiscal 2026 results with total revenue of $3.474 billion, a decrease of 4.1% from the prior year, and net income from continuing operations of $80 million compared to a loss of $526 million in fiscal 2025. The performance was influenced by a strategic focus on improving product quality and reducing promotional activities, alongside operational cost improvements. The company aims for a return to profitability and anticipates low-single-digit revenue growth alongside a substantial increase in adjusted EPS for fiscal 2027.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.65
- Segment
- Michael Kors
- Segment
- Jimmy Choo
What stood out
-
Strong EPS Performance
Reported EPS of $0.65 in FY 2026, reversing from loss of $4.47 in FY 2025.
-
Revenue Resilience
Total revenue of $3.474 billion in FY 2026, despite a 4.1% decline from $3.621 billion in FY 2025.
-
Improved Profit Margins
Gross margin improved to 62.3% in FY 2026 compared to 62.2% in FY 2025.
-
Effective Cost Management
Selling, general and administrative expenses decreased by 1.7% to $1.964 billion, contributing to improved profitability.
-
Reduction in Impairment Charges
Impairment charges decreased significantly to $40 million from $142 million, indicating improved asset management.
-
Successful Share Repurchase Program
Authorized $1 billion share buyback program initiated in Q4 FY 2026 with $79 million utilized.
What to watch
-
Decline in Revenue Sources
Revenue from Michael Kors down by 4.7% to $2.874 billion, reflecting ongoing challenges.
-
Foreign Currency Risks
Material foreign currency gain losses of $2 million in FY 2026, uncertain currency stabilization impacts.
-
Tariff Repercussions
Anticipation of uncertain regulatory implications from ongoing U.S. tariffs on foreign goods, affecting cost structures.
Management's outlook
Expecting low-single-digit revenue growth; 40% growth in adjusted EPS for FY 2027.
Earlier filings 4
10-Q · February 8, 2024
Capri reported quarterly revenue of $1,427.0M (down $85.0M vs prior-year quarter) and net income attributable to Capri of $105.0M, or $0.88 diluted. Gross profit was $928.0M (gross margin ~65.0%) while income from…
10-Q · February 8, 2023
Capri reported quarterly revenue of $1,512 million, down from $1,609 million in the prior-year quarter, with income from operations declining to $236 million from $331 million. Gross profit held at $1,005 million…
10-Q · July 30, 2021
Capri Holdings reported a strong rebound in the quarter with total revenue of $1,253 million (vs $451 million year-ago) and a return to profitability: diluted EPS of $1.41 and operating income of $258 million. The…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.