Highest-materiality recent filing
Capri Q1 beats expectations; FY revenue guidance cut to ~$3.4B, EPS outlook maintained at $2.15
Q1 revenue $769M (-3.5% reported, -4.1% constant currency); adjusted EPS $0.67 vs $0.50 prior year.
Capri Q4 adj EPS $0.22; FY2027 guides ~$3.53B revenue, ~$2.15 EPS (+40% YoY)
Q4 revenue $796M (-3.7% reported, -7% constant currency); GAAP loss per share $(0.01), adjusted EPS $0.22 (vs adj loss $4.55 last year).
Capri Holdings appoints Tyler Reddien as CFO and COO effective March 30, 2026
Tyler Reddien appointed CFO & COO; replaces interim CFO Rajal Mehta who returns to Michael Kors brand CFO role.
Capri Q3 revenue $1.025B (-4% YoY); adj. EPS $0.81 beats; net debt cut to $80M
Revenue of $1.025B, down 4.0% reported; adj. operating margin 7.7% vs 9.1% prior year.
Capri Holdings closes $1.375B sale of Versace to Prada; proceeds to repay debt
Sale of Versace to Prada completed for $1.375B in cash, subject to closing adjustments.
Capri Q2 revenue $856M beats expectations; announces $1B buyback program
Revenue $856M, down 2.5% YoY; adjusted operating income $20M vs $37M last year.
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.
Capri Q4 revenue $1.0B (-15.4%), net loss $645M; FY2026 EPS guide $1.20-$1.40
Q4 revenue $1.0B, down 15.4% YoY; GAAP operating loss $116M (margin -11.2%); adjusted operating loss $33M (margin -3.2%).
Capri Holdings sells Versace to Prada for $1.375B cash; H2 2025 close
Sale price $1.375B in cash; expected close second half of calendar 2025 subject to regulatory approvals.
Capri Holdings agrees to sell Versace business to Prada for $1.375B cash
Prada to acquire all outstanding interests in Versace holding companies for $1.375 billion in cash.
Capri Holdings CFO Thomas Edwards resigns; Rajal Mehta named Interim CFO effective June 20
Thomas J. Edwards Jr. resigns as EVP, CFO and COO, effective June 20, 2025, to pursue another opportunity; no accounting or disagreement issues.
Capri Holdings announces long-term targets: future revenue $6.3B, high-teen op margin
Total revenue targets: FY25E $4.4B, FY26E $4.1B, FY27E $4.4B, FY28E $4.7B, future $6.3B.
Capri Holdings Q3 revenue down 11.6%, GAAP net loss of $547M on $675M impairment
Revenue $1.26B, down 11.6%; adjusted EPS $0.45 vs $1.20 last year; GAAP net loss $547M ($4.61/share).
Capri Holdings enters $2.2B secured credit facilities, refinances existing debt
New $2.2B credit facilities: $700M term loan ($392M USD + €302M) and $1.5B revolving, maturing July 1, 2027.
Michael Kors CEO Cedric Wilmotte exits; John Idol assumes CEO role; Philippa Newman promoted to CPO
Cedric Wilmotte, CEO of Michael Kors, leaves Capri Holdings effective Nov 26; garden leave through March 29, 2025.
Capri Holdings terminates merger with Tapestry; receives $45M fee, outlines growth plan
Merger with Tapestry mutually terminated Nov 13; Tapestry pays Capri ~$45M cash termination fee Nov 14.
Capri Q2 revenue $1.08B, -16.4% YoY; adj. EPS $0.65 vs $1.13; Versace down 28%
Revenue $1.08B, down 16.4% reported and constant currency; adjusted operating margin 3.0%.
Capri Holdings secures $450M term loan to refinance Nov 2024 notes
$450M senior unsecured delayed draw term loan facility, available until Nov 1, 2024.
Capri Holdings secures $450M term loan facility to repay Nov 2024 notes
$450M senior unsecured delayed draw term loan added to existing revolving credit facility.
Capri Holdings Q1 FY2025 revenue falls 13.2% to $1.07B; adjusted EPS $0.04 vs $0.74 last year
Adjusted operating margin of 1.5% vs 9.0% prior year; GAAP net loss of $14M (($0.11)/diluted share).
Capri Q4 revenue down 8.4%, adjusted EPS $0.42; FTC lawsuit continues
Total revenue $1.223B, down 8.4% reported (7.9% constant currency) vs prior year.
FTC files complaint to enjoin Tapestry's acquisition of Capri; Capri vows to defend
FTC filed complaint in SDNY on April 22, 2024, seeking to enjoin the proposed acquisition of Capri by Tapestry.
JFTC approved the Tapestry merger unconditionally on April 10, 2024.
Capri Holdings Q3 revenue $1.43B, down 5.6%; adjusted EPS $1.20 vs $1.84 prior year
Total revenue $1.43B, down 5.6% reported; adjusted EPS $1.20, down from $1.84 year over year.
Capri Holdings Q2 revenue falls 8.6% to $1.29B; adjusted EPS $1.13 vs $1.79 YoY
Total revenue $1.29B, down 8.6% reported, 10.1% constant currency; adjusted EPS $1.13 vs $1.79.
Capri Holdings shareholders adopt merger agreement with Tapestry, Inc.
Proposal 1 to adopt merger agreement passed with 88,676,168 votes for, 123,823 against.
Tapestry to acquire Capri for $8.5B ($57/sh); deal expected to close in CY2024
Tapestry (TPR) to acquire Capri (CPRI) for $57 per share cash; enterprise value ~$8.5B.
Capri Holdings Q1 revenue down 9.6%, adjusted EPS $0.74; to be acquired by Tapestry
Revenue $1.23B, down 9.6% YoY; adjusted EPS $0.74 vs $1.50 prior year.
Capri Holdings Q4 revenue down 10.5% to $1.335B; guides FY2024 EPS ~$6.40, revenue ~$5.7B
Q4 revenue $1.335B (-10.5% reported, -3.0% constant currency); adjusted EPS $0.97 vs $1.02 prior year.
Capri Holdings Q3 revenue down 6% to $1.51B, adj EPS $1.84; FY2024 guidance $5.8B, $6.40 EPS
Total revenue $1.51B, down 6.0% reported, 0.5% constant currency; adjusted operating margin 16.9%.
Capri Holdings appoints Cedric Wilmotte CEO of Michael Kors effective April 3, 2023
Cedric Wilmotte, previously interim CEO of Versace and President of Michael Kors EMEA, appointed CEO of Michael Kors.
Capri Q2 revenue up 8.6%, adj EPS $1.79; authorizes new $1B buyback
Revenue $1.41B (+8.6% reported, +17.5% constant currency); adj operating margin 19.8%.
Capri Holdings Q1 FY2023 revenue $1.36B, adj. EPS $1.50; raises FY guidance
Revenue $1.36B, +8.5% reported (+15.2% constant currency); net income $201M.
Capri Holdings reports record Q4 FY2022 revenue up 24.6%, EPS $1.02, authorizes new $1B buyback
Revenue $1.492B, up 24.6% YoY; adjusted EPS $1.02 vs $0.38 prior year.
Stephen Reitman expressed his intention to not stand for re-election to the Board of Directors of Capri Holdings Limited (the "Company") at the 2026 Annual Meeting of Shareholders (the "2026 Annual Meeting") of the Company, and his term will therefore end at the conclusion of the 2026 Annual Meeting on July 29, 2026
The Company has appointed Rajal Mehta as Interim Chief Financial Officer effective upon Mr. Edwards’ departure.
On March 27, 2025, Thomas J. Edwards, Jr., Executive Vice President, Chief Financial Officer and Chief Operating Officer of Capri Holdings Limited (the “ Company ”) notified the Company of his decision to resign from his position, effective June 20, 2025, to pursue another opportunity.
On March 29, 2023, the Board of Directors (the “Board”) of Capri Holdings Limited (the “Company”) appointed Mahesh Madhavan to the Board and designated him as a member of the Compensation and Talent Committee and the Governance, Nominating and Corporate Social Responsibility Committee with effect from March 30, 2023.
On January 23, 2023, Capri Holdings Limited (“ Capri ”) announced that Cedric Wilmotte is being appointed Chief Executive Officer of Michael Kors effective April 3, 2023 (the “ Commencement Date ”).
Daniel Purefoy, Senior Vice President, Global Operations and Head of Diversity & Inclusion informed Capri Holdings Limited (the “Company”) that he would be leaving the company to pursue other opportunities.
On March 7 , 2022, Capri Holdings Limited (the “Company”) announced that Joshua Schulman, Chief Executive Officer of Michael Kors, will depart from the Company, effective as of that same date
Joshua Schulman is being appointed to the newly-created role of Chief Executive Officer of Michael Kors effective that same date (the “ Commencement Date ”).
immediately following the earlier of (i) September 1, 2022 and (ii) the date that the Current CEO of Capri (as defined in the Schulman Employment Agreement) ceases to hold that position for any reason, Mr. Schulman will be promoted to the position of Chief Executive Officer of the Company
Max materiality 1.00 · Median 0.70 · Most common event earnings