secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2026-08-05T10:49:12+00:00
Accession:  0001530721-26-000078
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Q1 beats expectations; FY revenue guidance cut to ~$3.4B, EPS outlook maintained at $2.15
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- Q1 revenue $769M (-3.5% reported, -4.1% constant currency); adjusted EPS $0.67 vs $0.50 prior year.
- Michael Kors revenue $590M (-7.1%); Jimmy Choo revenue $179M (+10.5%).
- FY2027 revenue guidance lowered to ~$3.4B, citing $50M inventory delays, $50M EMEA softness, $35M FX headwinds.
- FY2027 diluted EPS guidance maintained at ~$2.15; Q2 EPS guided ~$0.20.
- Repurchased 2.6M shares for $50M at avg $19.31; remaining authorization $871M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000153072126000078/0001530721-26-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000153072126000078/cpri-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001530721-26-000078

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