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CPRI Posts Q2 Loss, Y/Y Declines in Michael Kors & Jimmy Choo Revenues
Capri Capri (US:CPRI) ZACKS·2025-11-05 03:51

Key Takeaways CPRI posted a Q2 adjusted loss of 0.03pershare,missingestimatesanddowny/yfromadjustedEPSof0.03 per share, missing estimates and down y/y from adjusted EPS of 0.64.Revenues declined 2.5% y/y to 856M,asbothMichaelKorsandJimmyChoopostedy/ysalesdrops.A856M, as both Michael Kors and Jimmy Choo posted y/y sales drops.A 1.375B Versace sale-off and a new $1B buyback aim to boost CPRI's balance sheet and shareholder value.Capri Holdings Limited (CPRI) has reported results for the second quarter of fiscal 2026, with the top line declining year over year but surpassing the Zacks Consensus Estimate. The bottom ...