---
schema_version: "secwatch.filing_event.v1"
accession: "0001530721-24-000016"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:37:15.539024+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capri Holdings Q3 revenue $1.43B, down 5.6%; adjusted EPS $1.20 vs $1.84 prior year

## Summary
- Total revenue $1.43B, down 5.6% reported; adjusted EPS $1.20, down from $1.84 year over year.
- Adjusted operating margin 12.1%, down from 16.9%, citing lower full-price sell-throughs and expense deleverage.
- Michael Kors revenue $1.03B (-5.6%); e-commerce issues largely resolved, retail sales down mid-single-digits.
- Versace posted an operating loss of $14M (vs income $24M); Jimmy Choo operating income $4M (vs $18M).
- Repaid $313M debt; net debt $1.60B; inventory down 14% YoY; guidance withheld due to pending Tapestry merger.

## SEC filing metadata
- accession: 0001530721-24-000016
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000153072124000016/0001530721-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000153072124000016/cpri-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001530721-24-000016
- JSON: https://secwatch.observer/filing/0001530721-24-000016.json
- Plain text: https://secwatch.observer/filing/0001530721-24-000016.txt

## Key facts
- Earnings Releases
  Capri Holdings Ltd reported third fiscal quarter ended December 30, 2023 results: revenue $1.43 billion, net income $105 million, EPS $0.88 per diluted share.
  - Period: third fiscal quarter ended December 30, 2023
  - Revenue: $1.43 billion
  - Net income: $105 million
  - EPS: $0.88 per diluted share
  - 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 Third Quarter Fiscal 2024 Results • Total revenue of $1.43 billion decreased 5.6% compared to last year. On a constant currency basis, total revenue decreased 6.6%. Total company retail sales declined in the mid-single-d igits with trends being
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530721/000153072124000016/0001530721-24-000016-index.htm

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