---
schema_version: "secwatch.filing_event.v1"
accession: "0001530721-23-000193"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:39:15.012731+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Capri Holdings Q2 revenue falls 8.6% to $1.29B; adjusted EPS $1.13 vs $1.79 YoY

## Summary
- Total revenue $1.29B, down 8.6% reported, 10.1% constant currency; adjusted EPS $1.13 vs $1.79.
- Michael Kors Americas ecommerce transition hurt revenue by ~$50M; issues should resolve by Q4.
- Versace revenue $280M (-9.1%); Jimmy Choo $132M (-7.0%); Michael Kors $879M (-8.6%).
- Adjusted operating margin 12.2% vs 19.8% a year ago; gross margin 64.4% vs 67.1%.
- No guidance provided due to pending merger with Tapestry, expected to close in calendar 2024.

## SEC filing metadata
- accession: 0001530721-23-000193
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000153072123000193/0001530721-23-000193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000153072123000193/cpri-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001530721-23-000193
- JSON: https://secwatch.observer/filing/0001530721-23-000193.json
- Plain text: https://secwatch.observer/filing/0001530721-23-000193.txt

## Key facts
- Earnings Releases
  Capri Holdings Ltd reported second fiscal quarter ended September 30, 2023 results: revenue $1.29 billion, net income $90 million, EPS $0.77 per diluted share.
  - Period: second fiscal quarter ended September 30, 2023
  - Revenue: $1.29 billion
  - Net income: $90 million
  - EPS: $0.77 per diluted share
  - Result: reported results
  source text: Total revenue of $1.29 billion decreased 8.6% compared to last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530721/000153072123000193/0001530721-23-000193-index.htm

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