---
schema_version: "secwatch.filing_event.v1"
accession: "0001530721-22-000150"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:11:33.952954+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capri Q2 revenue up 8.6%, adj EPS $1.79; authorizes new $1B buyback

## Summary
- Revenue $1.41B (+8.6% reported, +17.5% constant currency); adj operating margin 19.8%.
- Adj EPS $1.79 vs $1.53 a year ago, record Q2 EPS; revenue guided ~$5.7B for FY2023.
- Michael Kors revenue $962M (+9.2%); Versace $308M (+9.2%); Jimmy Choo $142M (+3.6%).
- New $1B two-year share repurchase program replaces existing program with $250M remaining.
- Net inventory $1.18B, up 36% YoY; management expects moderation through year.

## SEC filing metadata
- accession: 0001530721-22-000150
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000153072122000150/0001530721-22-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000153072122000150/cpri-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001530721-22-000150
- JSON: https://secwatch.observer/filing/0001530721-22-000150.json
- Plain text: https://secwatch.observer/filing/0001530721-22-000150.txt

## Key facts
- Earnings Releases
  Capri Holdings Ltd reported second quarter of Fiscal 2023 ended October 1, 2022 results: revenue $1.41 billion, net income $224 million, EPS $1.79 per diluted share. Guidance reaffirmed.
  - Period: second quarter of Fiscal 2023 ended October 1, 2022
  - Revenue: $1.41 billion
  - Net income: $224 million
  - EPS: $1.79 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: of GAAP to non-GAAP financial information is provided at the end of this press release. Overview of Capri Holdings Second Quarter Fiscal 2023 Results: • Total revenue of $1.41 billion increased 8.6% compared to last year. On a constant currency basis, total revenue increased 17.5%. • Gross profit was $951 million and gross margin was 67.4% , compared to $884
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530721/000153072122000150/0001530721-22-000150-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.