secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2025-05-28T23:59:59+00:00
Accession:  0001530721-25-000046
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Q4 revenue $1.0B (-15.4%), net loss $645M; FY2026 EPS guide $1.20-$1.40
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- Q4 revenue $1.0B, down 15.4% YoY; GAAP operating loss $116M (margin -11.2%); adjusted operating loss $33M (margin -3.2%).
- Net loss $645M ($5.44 per share) includes $545M non-cash tax valuation allowance; adjusted net loss $581M ($4.90 per share).
- Michael Kors revenue $694M (-15.6%), operating margin 4.6%; Jimmy Choo revenue $133M (-2.9%), operating loss; Versace revenue $208M (-21.2%), operating loss.
- Versace sale to Prada Group for $1.375B cash expected to close H2 calendar 2025; Versace to be classified as discontinued operations in FY2026.
- FY2026 outlook: revenue $3.3-$3.4B, operating income ~$100M, diluted EPS $1.20-$1.40; Q1 EPS $0.10-$0.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000046/0001530721-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000046/cpri-20250528.htm
  HTML page:      https://secwatch.observer/filing/0001530721-25-000046

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