Capri Holdings beats Q4 adjusted profit estimates estimates

Capri Holdings

27/05/2026 11:56

Overview
US luxury fashion group's fiscal Q4 revenue fell 3.7%, slightly missing analyst expectations
Adjusted net income and EPS beat analyst expectations
Company repurchased $79 mln in shares during the quarter

Outlook
Capri Holdings expects FY 2027 revenue of about $3.525 bln and EPS of $2.15
Company sees fiscal 2027 Michael Kors revenue at $2.9 bln, Jimmy Choo at $625 mln
Capri Holdings projects Q1 2027 revenue of about $750 mln and EPS of $0.40

Result Drivers
TARIFF REFUND - Q4 gross margin benefited from a $40 mln reduction in cost of goods sold due to an expected refund of previously paid IEEPA tariffs
STRATEGIC INITIATIVES - Co said actions to strengthen product innovation, brand desirability and consumer engagement are gaining traction, per CEO John D. Idol

Company press release: ID:nBw5VRlw8a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$796 mln
$796.38 mln (14 Analysts)
Q4 Adjusted EPS
Beat
$0.22
$0.11 (14 Analysts)
Q4 EPS
 
-$0.01
 
Q4 Adjusted Net Income
Beat
$27 mln
$13.50 mln (13 Analysts)
Q4 Net Income
 
-$3 mln
 
Q4 Adjusted Operating Income
Beat
-$1 mln
-$17.46 mln (14 Analysts)
Q4 Operating Income
 
-$27 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)