Capri Q1 revenue $797M, -6% YoY; EPS $0.50 adjusted beats consensus; reaffirms FY26 guidance

Capri Holdings Ltd

2026-Q1 EPS reported $0.44 revenue$797,000,000

Revenue $797M, down 6.0% YoY; adjusted EPS $0.50 vs prior $0.16.
Michael Kors revenue $635M (-5.9%), operating margin 9.9%; Jimmy Choo $162M (-6.4%), margin 2.5%.
Versace sale to Prada for $1.375B expected to close H2 2025; Versace in discontinued ops.
FY2026 guidance: revenue ~$3.375-3.45B, adj. EPS $1.20-$1.40; Q2 EPS $0.10-$0.15.
Inventory $779M +10.8%; net debt $1.5B; free cash flow $7M.

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