Capri Holdings Limited Announces First Quarter Fiscal 2027 Results

Revenue, Operating Income and Earnings Per Share Exceed Expectations Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the first quarter of Fiscal 2027 ended June 27, 2026. First Quarter Fiscal 2027 Highlights from Continuing Operations Revenue decreased 3.5% on a reported basis and 4.1% in constant currency Operating margin was 2.2%; adjusted operating margin was 3.6% Earnings per share were $0.60; adjusted earnings per share were $0.67 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "We are encouraged by our first quarter results, which exceeded our expectations and demonstrated the progress we are making to build a stronger and more profitable business. Our strategic initiatives across both Michael Kors and Jimmy Choo are driving deeper consumer engagement through enhanced brand storytelling and compelling product innovation." Mr. Idol continued, "As we look at the balance of fiscal 2027 we expect