---
schema_version: "secwatch.filing_event.v1"
accession: "0001530721-24-000095"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:52:56.761342+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Capri Holdings Q1 FY2025 revenue falls 13.2% to $1.07B; adjusted EPS $0.04 vs $0.74 last year

## Summary
- Adjusted operating margin of 1.5% vs 9.0% prior year; GAAP net loss of $14M (($0.11)/diluted share).
- Versace revenue down 15.4% to $219M with an operating loss of $17M; Jimmy Choo down 5.5% to $173M; Michael Kors down 14.2% to $675M.
- Net inventory decreased 23% to $902M; free cash flow inflow of $40M vs outflow of $10M last year.
- CEO cites softening global demand for fashion luxury goods; Merger with Tapestry pending FTC litigation.

## SEC filing metadata
- accession: 0001530721-24-000095
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2024-08-08T23:59:59+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/1530721/000153072124000095/0001530721-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000153072124000095/cpri-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001530721-24-000095
- JSON: https://secwatch.observer/filing/0001530721-24-000095.json
- Plain text: https://secwatch.observer/filing/0001530721-24-000095.txt

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