Updated 5:03 p.m. ET Feb. 3 Capri Holdings inched past Wall Street’s earnings estimates in the third quarter and matched on revenues, but the real action was in the company’s balance sheet. More from WWD The roughly $1.5 billion sale of Versace to Prada last year utterly transformed Capri’s debt load, giving it much more space to build at its Michael Kors and Jimmy Choo divisions. As was expected, Capri cut its net debt to$80 million down from $1.6 billion at the end of September. With the balance sh ...