Capri Holdings Limited · NYSE:CPRI
Capri — Q1 FY2027 Earnings Presentation
8 slides from Capri's earnings presentation, Aug 5, 2026
Slide 1: 1Q Fiscal Year 2027 Earnings Presentation
1Q Fiscal Year 2027 Earnings Presentation August 5, 2026
Slide 2: 1Q27 Highlights
1Q27 HIGHLIGHTS • Revenue decreased 3.5% (-4.1% constant currency), above expectations • Gross margin expanded 200 bps to 65.0% • Adjusted operating income increased ~ 40% to $28 M • Adjusted EPS increased ~ 30% to $0.67 • Repurchased $50 M worth of shares • Increased consumer database by 8% versus
Slide 3: 1Q27 Highlights
1Q27 HIGHLIGHTS • Revenue decreased 7.1% (-7.6% constant currency), above expectations • Wholesale sales at point of sale were positive, led by double digit growth in accessories • Gross margin expanded 280 bps to 63.9% • Operating margin of 9.3%, slightly above expectations • Increased consumer dat
Slide 4: 1Q27 Highlights
1Q27 HIGHLIGHTS • Revenue increased 10.5% (+9.3% in constant currency), above expectations • Broad-based strength across channels, regions and categories • Gross margin of 68.7% • Operating margin expanded 480 bps to 7.3%, above expectations • Increased consumer database by 7% versus prior year
Slide 5: Outlook
OUTLOOK 2Q27 FY27 Revenue ~ $780 M ~ $3.4 B Michael Kors ~ $645 M ~ $2.765 B Jimmy Choo ~ $135 M ~ $635 M Adjusted Operating Income ~ $10 M ~ $170 M Operating Margin - Michael Kors ~ HSD% ~ LDD % Operating Margin - Jimmy Choo ~ (MSD)% ~ LSD % Net Interest & Other Income ~ $25 M ~ $100 M Effective Ta
Slide 6: Non-GAAP Measures
NON-GAAP MEASURES This presentation includes certain non-GAAP financial measures. Constant currency effects are non-GAAP financial measures, which are provided to supplement our reported operating results to facilitate comparisons of our operating results and trends in our business, excluding the ef
Slide 7: Reconciliation of GAAP to Non-GAAP Financial Measures
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In millions, except per share data) (1) Primarily relates to costs associated with the transition services agreement in connection with the sale of Versace. (2) As of June 27, 2026, this relates to severance costs. As of June 28, 2025, this rela
Slide 8: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation contains statements which are, or may be deemed to be, "forward-looking statements." Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of the management of Capri about