secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001530721-25-000026
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings announces long-term targets: future revenue $6.3B, high-teen op margin
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- Total revenue targets: FY25E $4.4B, FY26E $4.1B, FY27E $4.4B, FY28E $4.7B, future $6.3B.
- Michael Kors future revenue $4.0B, Versace $1.5B, Jimmy Choo $800M.
- Adjusted op margin targets: FY25E 2.3%, FY26E 3.7%, future high-teen%.
- Brand op margins: Michael Kors low-20%, Versace high-teen%, Jimmy Choo LDD% in future.
- Guidance on adjusted non-GAAP basis; subject to macro risks and currency fluctuations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000026/0001530721-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000026/cpri-20250219.htm
  HTML page:      https://secwatch.observer/filing/0001530721-25-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer