Capri Holdings reported lower third-quarter revenue driven by declines at Michael Kors, partially offset by growth at Jimmy Choo, while operating income and margins improved significantly following cost actions and the sale of Versace.

Capri Holdings reported a challenging second quarter for fiscal 2026, with total revenue declining by 2.5% to $856 million. Despite the revenue decrease, the company's gross margin and operating income exceeded expectations, driven by sequential improvements. The net loss was $34 million, or $(0.28) per diluted share, with an adjusted net loss of $4 million, or $(0.03) per diluted share, impacted by a higher tax rate. The company is focusing on Michael Kors and Jimmy Choo following the expected Versace sale and has authorized a new $1 billion share repurchase program.

Capri Holdings reported a 6.0% decrease in total revenue to $797 million for Q1 Fiscal 2026, but exceeded expectations for both revenue and earnings per share. The company achieved a net income of $56 million and adjusted EPS of $0.50, demonstrating progress in strategic initiatives despite a dynamic macroeconomic environment.

Capri Holdings experienced a difficult quarter, with a sharp decline in revenue and continued net losses across all major brands. A $545M non-cash tax valuation allowance heavily impacted net income. The company is moving forward with the sale of Versace to Prada and refocusing on Michael Kors and Jimmy Choo.

Capri Holdings reported a challenging third quarter with revenue declining by 11.6% to $1.26 billion. The company experienced a net loss of $547 million, or $(4.61) per share, but adjusted earnings per share were $0.45. Strategic initiatives are being reevaluated to improve sales trends, with expectations of improved performance in fiscal year 2026 and a return to growth in fiscal year 2027.

Capri Holdings Limited reported a 16.4% decrease in revenue to $1.08 billion for the second quarter of fiscal 2025. Adjusted earnings per share were $0.65. The company's performance was impacted by softening demand globally for fashion luxury goods.

Capri Holdings Limited reported a decrease in revenue by 13.2% to $1.07 billion. The adjusted earnings per share was $0.04. The company's performance was affected by softening demand for fashion luxury goods on a global scale.

Capri Holdings Limited reported a decrease in revenue by 8.4% to $1.223 billion in Q4 2024, impacted by softening global demand for luxury goods. The company's adjusted earnings per share (EPS) was $0.42. Despite the revenue decline, the company added 11.6 million new consumers to its databases, reflecting a 14% growth year-over-year.

Capri Holdings Limited reported a decrease in revenue by 5.6% to $1.43 billion, with adjusted earnings per share of $1.20. The company's performance was affected by softening demand for luxury goods, particularly in the Americas, and the Michael Kors Americas Ecommerce implementation issues. However, sales trends improved sequentially, and the company's database surpassed 90 million customers.

Capri Holdings' second quarter results were below expectations due to macro-economic headwinds and Ecommerce implementation challenges. Total revenue decreased by 8.6% to $1.29 billion, and adjusted earnings per share were $1.13.

Capri Holdings Limited reported a revenue decrease of 9.6% and adjusted earnings per share of $0.74 for the first quarter of fiscal year 2024. The company announced a planned acquisition by Tapestry, Inc., marking a significant milestone.

Capri Holdings Limited reported a decrease in revenue of 10.5% to $1.335 billion. Adjusted earnings per share were $0.97. The company achieved record revenue at Versace and Jimmy Choo for the full fiscal year.

Capri Holdings Limited reported a decrease in total revenue by 6.0% to $1.51 billion, with a 0.5% decrease on a constant currency basis. Adjusted earnings per share were $1.84. The company's global wholesale business performance was disappointing, leading to expense deleverage and a lower operating margin.

Capri Holdings Limited reported strong revenue growth and record earnings per share in the second quarter of fiscal year 2023. The results were driven by momentum across all three luxury houses: Versace, Jimmy Choo, and Michael Kors.

Capri Holdings Limited reported strong first quarter fiscal 2023 results, with revenue increasing 8.5% to $1.36 billion and adjusted earnings per share reaching $1.50, exceeding expectations due to strong momentum across all three luxury houses.

Capri Holdings Limited reported a strong fourth quarter and full year fiscal 2022, achieving the highest revenue, gross margin, and earnings per share in the company's history. Total revenue increased by 24.6% to $1.492 billion, and adjusted earnings per share reached $1.02.

Capri Holdings Limited reported strong third quarter fiscal 2022 results, exceeding expectations for revenue, operating margin, and earnings per share. The results were driven by strong momentum across all three luxury houses: Versace, Jimmy Choo, and Michael Kors. The company raised its fiscal 2022 revenue and earnings guidance and expects to generate double-digit revenue and earnings growth in fiscal 2023.

Capri Holdings Limited reported strong second quarter fiscal 2022 results, with revenue increasing by 17% and adjusted earnings per share exceeding expectations. The company raised its full year adjusted earnings per share outlook to $5.30 and authorized a new $1 billion share repurchase program.

Capri Holdings Limited reported a strong first quarter fiscal 2022, with revenue increasing by 178% and adjusted earnings per share of $1.42. All three luxury houses, Versace, Jimmy Choo, and Michael Kors, exceeded revenue and earnings expectations.

Capri Holdings Limited reported Q4 fiscal 2021 results with revenue approximately flat compared to last year and adjusted earnings per share of $0.38. The company experienced growth in retail sales and e-commerce, and adjusted gross margin expanded across all luxury houses.

Capri Holdings Limited announced its Q3 Fiscal Year 2021 results, with revenue declining by 17.1% to $1.3 billion. However, earnings were meaningfully higher than anticipated driven by significant gross margin expansion. The company saw positive retail sales in Asia, led by double-digit growth in Mainland China, and double-digit global retail sales growth at Versace.

Capri Holdings Limited announced its financial results for the second quarter of fiscal 2021, with revenue and earnings surpassing expectations. Total revenue was $1.1 billion, a decrease of 23.0% compared to last year. Adjusted earnings per share were $0.90.

Capri Holdings Limited reported a significant decline in revenue due to the COVID-19 pandemic, but performance was better than initially expected. The company experienced a decrease in total revenue and a net loss, but also saw adjusted gross margin expansion. They ended the quarter with approximately $1.1 billion in liquidity.

Capri Holdings Limited reported a decrease in fourth-quarter revenue by 11.3% to $1.2 billion. Adjusted earnings per share were $0.11, which included a negative impact of $0.44 due to tax valuation allowances. The company has taken several actions to reduce expenses and maintain a strong liquidity position in response to the global pandemic.

Capri Holdings Limited reported a 9.2% increase in third quarter revenue, driven by the addition of Versace and growth from Jimmy Choo, with Michael Kors revenue performing better than anticipated. Adjusted earnings per share were $1.66, surpassing expectations.