Earnings ·
Capri Holdings Limited reported first-quarter fiscal 2027 results for the period ended June 27, 2026, with total…
CPRICapri Holdings Ltd
Capri Holdings Limited reported first-quarter fiscal 2027 results for the period ended June 27, 2026, with total revenue of $769 million, a 3.5% decrease from the prior year. Earnings per share were $0.60, exceeding the previous year's $0.47. The company revised its full-year fiscal 2027 revenue outlook downward to approximately $3.4 billion due to inventory delays at Michael Kors and softer trends in EMEA, though it maintained an EPS target of approximately $2.15. Jimmy Choo revenue grew 10.5% to $179 million, while Michael Kors revenue declined 7.1% to $590 million. Capri Holdings Limited is a global fashion luxury group operating the Michael Kors and Jimmy Choo brands.