secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001530721-22-000127
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings Q1 FY2023 revenue $1.36B, adj. EPS $1.50; raises FY guidance
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- Revenue $1.36B, +8.5% reported (+15.2% constant currency); net income $201M.
- Adjusted operating margin 18.5%; adjusted EPS $1.50 vs. $1.42 prior year.
- Versace revenue +14.6%, Jimmy Choo +21.1%, Michael Kors +4.8% (constant currency).
- Repurchased ~6.1M shares for $300M; $700M remaining under buyback authorization.
- FY2023 outlook: revenue ~$5.85B, adj. EPS ~$6.85; Q2 adj. EPS ~$1.55.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072122000127/0001530721-22-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072122000127/cpri-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001530721-22-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer