Capri Holdings Limited (CPRI) Q1 2027 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings. Welcome to the Capri Holdings Limited First Quarter Fiscal 2027 Financial Results Conference Call. At this time, all participants are in 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 will now turn the conference over to Jennifer Davis, Vice President of Investor Relations. Thank you, Jennifer. You may begin. Good morning, everyone, and thank you for joining us on Capri Holdings Limited first quarter fiscal 27 conference call. With me this morning are John Idol, Capri's Chairman and Chief Executive Officer, and Tyler Reddien, Capri's Chief Financial and Chief Operating Officer. 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-GAAP basis. These non-GAAP measures exclude certain items associated with store renovation plan costs, transaction-related costs, CAPRI transformation costs, as well as restructuring and other charges. To view the corresponding gap measures and related reconciliation, please review our latest earnings release posted to o...