Capri Holdings Limited (CPRI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Capri Holdings Limited First Quarter Fiscal 2026 Financial Results Conference Call. At this time all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I would now like to turn the conference over to your host Jennifer Davis. Please go ahead. Good morning everyone and thank you for joining us on Capri Holding Limited First Quarter Fiscal 2026 Conference Call. With me this morning are Chairman and Chief Executive Officer John Idle and Interim Chief Financial Officer Raj Mehta. Before we begin let me remind you that certain statements made on today's call may constitute forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ from those we expect. Those risks and uncertainties are described in today's press release and in the company's SEC filings which are available on the company's website. Investors should not assume that the statements made during this call will remain operative at a later time and the company undertakes no obligation to update any information discussed on today's call. Unless otherwise noted all financial information on today's call will be presented on a non-GAT basis. These non-GAT measures exclude certain costs associated with Capri transformation costs, restructuring and other charges and transaction related costs. To view the corresponding GAT measures and related reconciliation please view our latest earnings release posted to our website earlier today at capriholdings.com. Additionally the company has classified the results of operations an...