secwatch.observer — SEC 8-K summary
======================================

Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001530721-25-000105
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000105/0001530721-25-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072125000105/cpri-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001530721-25-000105

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