secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001530721-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings reports record Q4 FY2022 revenue up 24.6%, EPS $1.02, authorizes new $1B buyback
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- Revenue $1.492B, up 24.6% YoY; adjusted EPS $1.02 vs $0.38 prior year.
- All three luxury houses (Versace, Jimmy Choo, Michael Kors) beat expectations; Versace revenue up 34%.
- Board authorized new $1B share repurchase program over 2 years, replacing prior program with $500M remaining.
- FY2023 outlook: revenue ~$5.95B, EPS $6.85, operating margin ~18%.
- Q1 FY2023 guidance: revenue ~$1.3B, EPS $1.35.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072122000050/0001530721-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072122000050/cpri-20220601.htm
  HTML page:      https://secwatch.observer/filing/0001530721-22-000050

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