earnings
confidence high
sentiment negative
materiality 0.85
Capri Holdings Q3 revenue down 11.6%, GAAP net loss of $547M on $675M impairment
Capri Holdings Ltd
2025-Q3 EPS
reported -$4.54
vs consensus $0.14
▼ miss
(-3453.0%)
- Revenue $1.26B, down 11.6%; adjusted EPS $0.45 vs $1.20 last year; GAAP net loss $547M ($4.61/share).
- Operating loss $590M includes $675M non-cash impairment charge; adjusted operating margin 6.0% vs 12.1%.
- Versace revenue -15%, Jimmy Choo -4.2%, Michael Kors -12.1% YoY; all segments saw operating margin declines.
- New $700M term loan and amended credit facility maturing July 2027; used to repay existing $450M and €450M debts.
- FY2025 revenue guidance $4.4B with adjusted op income ~$100M; FY2026 revenue ~$4.1B, op income ~$150M.