Capri Holdings Limited Reports Second Quarter Fiscal 2027 Results
Business Wire•30/10/2026•07:00 ET
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Key Highlights
- ➤Q2 revenue $809 million, down 5.5% reported and 4.9% constant currency
- ➤Adjusted EPS $0.42, versus adjusted loss of $0.03 last year
- ➤Michael Kors revenue $663 million, down 8.6% year over year
- ➤Jimmy Choo revenue $146 million, up 11.5% year over year
- ➤Fiscal 2027 revenue outlook approximately $3.42 billion; diluted EPS approximately $2.20
Expert Statements
John D. Idol, Chairman and Chief Executive Officer of Capri Holdings Limited
“We are encouraged by the momentum building at both Michael Kors and Jimmy Choo. Throughout the second quarter, trends improved sequentially each month across both of our luxury houses, reflecting the actions we have taken to sharpen our product assortments, elevate brand desirability and strengthen consumer engagement. We are pleased with the progress we are seeing and believe these initiatives are beginning to position our brands for sustainable growth.”
John D. Idol, Chairman and Chief Executive Officer of Capri Holdings Limited
“Looking ahead, we continue to expect total company revenue to return to growth in the second half of fiscal 2027, supported by exciting new collections, increased marketing investments and our focus on elevating the consumer experience. As these efforts continue to gain traction, we remain confident in our ability to deliver sustainable growth and create meaningful value for shareholders over time.”
Capri Holdings Limited Reports Second Quarter Fiscal 2027 Results
Revenue, Operating Income and Earnings Per Share Exceed Expectations
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