Capri Holdings Ltd

Listed Company

CPRICIK 0001530721NYSELarge AcceleratedLeather & Leather ProductsD8FY ends Mar 29

Period

FY 2026

Revenue

$3.47B

Net Income

$137.00M

Total Assets

$3.23B

Equity

$80.00M

Shares Out

115.18M

Op. Cash Flow

$77.00M

Business

Capri Holdings Ltd is a global fashion luxury group that designs, markets and sells high-end fashion products under the Versace, Jimmy Choo and Michael Kors brands. It offers a broad range of products including accessories, footwear, ready-to-wear apparel, handbags, small leather goods, eyewear, watches, jewelry, fragrance and licensed home and lifestyle items. The company operates through three reportable brand segments—Versace, Jimmy Choo and Michael Kors—each managed with distinct brand identities and operating models. Capri distributes its products globally via company-operated retail stores, e-commerce platforms, wholesale accounts, licensing arrangements and third-party distributors.

Summary from filing dated 2025-05-28

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Mar 28, 2026 2026-03-28	Mar 29, 2025 2025-03-29	Mar 30, 2024 2024-03-30
Total revenue	3,474	3,621	4,140
Cost of goods sold	1,311	1,370	1,525
Gross profit	2,163	2,251	2,615
Selling, general and administrative expenses	1,964	1,998	2,132
Depreciation and amortization	121	132	132
Impairment of assets	40	142	292
Restructuring and other expense	15	5	0
Total operating expenses	2,140	2,277	2,556
Income (loss) from continuing operations	23	−26	59
Other (income) expense, net	5	−8	5
Interest (income) expense, net	77	37	−6
Foreign currency (gain) loss	2	−5	−37
Income (loss) from continuing operations before income taxes	107	−2	21
Provision for income taxes	27	524	8
Net income (loss) from continuing operations	80	−526	13
Net income (loss) from discontinued operations, net of tax	58	−653	−242
Net income (loss)	138	−1,179	−229
Less: Net income attributable to noncontrolling interest from continuing operations	1	3	0
Net income (loss) attributable to Capri	137	−1,182	−229
Weighted average ordinary shares outstanding:	—	—	—
Basic (in shares)	119	118	117
Diluted (in shares)	120	118	118
Net income (loss) per ordinary share attributable to Capri:	—	—	—
Basic from continuing operations (in dollars per share)	0.65	−4.47	0.11
Basic from discontinued operations (in dollars per share)	0.49	−5.53	−2.07
Basic per ordinary share (in dollars per share)	1.14	−10	−1.96
Diluted from continuing operations (in dollars per share)	0.65	−4.47	0.11
Diluted from discontinued operations (in dollars per share)	0.49	−5.53	−2.07
Diluted per ordinary share (in dollars per share)	1.14	−10	−1.96
Statements of Comprehensive Loss:	—	—	—
Net income (loss)	138	−1,179	−229
Foreign currency translation adjustments	−391	−94	4
Net gain (loss) on derivatives	11	−10	10
Comprehensive loss	−242	−1,283	−215
Less: Net income attributable to noncontrolling interest	1	3	0
Comprehensive loss attributable to Capri	−243	−1,286	−215

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Mar 28, 2026 2026-03-28	Mar 29, 2025 2025-03-29
Assets	—	—
Current assets	—	—
Cash and cash equivalents	135	107
Receivables, net	211	215
Inventories, net	581	701
Prepaid expenses and other current assets	226	156
Current assets held for sale	0	342
Total current assets	1,153	1,521
Property and equipment, net	371	393
Operating lease right-of-use assets	854	825
Intangible assets, net	562	582
Goodwill	202	199
Deferred tax assets	0	0
Other assets	92	99
Noncurrent assets held for sale	0	1,594
Total assets	3,234	5,213
Liabilities and Shareholders’ Equity	—	—
Current liabilities	—	—
Accounts payable	311	379
Accrued payroll and payroll related expenses	122	81
Accrued income taxes	23	66
Short-term operating lease liabilities	233	249
Short-term debt	14	24
Accrued expenses and other current liabilities	251	233
Current liabilities held for sale	0	304
Total current liabilities	954	1,336
Long-term operating lease liabilities	830	814
Deferred tax liabilities	88	233
Long-term debt	343	1,466
Other long-term liabilities	935	417
Noncurrent liabilities held for sale	0	575
Total liabilities	3,150	4,841
Commitments and contingencies	—	—
Shareholders’ equity	—	—
Ordinary shares, no par value; 650,000,000 shares authorized; 229,042,390 shares issued and 115,175,268 outstanding at March 28, 2026; 227,672,351 shares issued and 117,913,201 outstanding at March 29, 2025	0	0
Treasury shares, at cost (113,867,122 shares at March 28, 2026 and 109,759,150 shares at March 29, 2025)	5,543	5,462
Additional paid-in capital	1,512	1,476
Accumulated other comprehensive (loss) income	−323	57
Retained earnings	4,434	4,297
Total shareholders’ equity of Capri	80	368
Noncontrolling interest	4	4
Total shareholders’ equity	84	372
Total liabilities and shareholders’ equity	3,234	5,213

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Mar 28, 2026 2026-03-28	Mar 29, 2025 2025-03-29	Mar 30, 2024 2024-03-30
Cash flows from operating activities	—	—	—
Net income (loss)	138	−1,179	−229
Net income (loss) from discontinued operations, net of tax	58	−653	−242
Net income (loss) from continuing operations	80	−526	13
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	—	—	—
Depreciation and amortization	121	132	132
Share-based compensation expense	34	50	55
Impairment of assets	40	142	294
Deferred income taxes	−12	333	−107
Changes to lease related balances, net	64	97	89
Foreign currency losses	4	2	−31
Other non-cash charges	−24	−12	1
Change in assets and liabilities:	—	—	—
Receivables, net	0	−49	−20
Inventories, net	−133	39	−177
Prepaid expenses and other current assets	64	−2	40
Accounts payable	−76	115	−34
Accrued expenses and other current liabilities	−15	13	−57
Other long-term assets and liabilities	0	30	38
Cash Provided by (Used in) Operating Activity, Continuing Operation	197	154	356
Cash Provided by (Used in) Operating Activity, Discontinued Operation	−120	127	−47
Net cash provided by operating activities	77	281	309
Cash flows from investing activities	—	—	—
Capital expenditures	63	74	135
Cash paid for business acquisitions, net of cash acquired	0	9	0
Settlement of hedges	0	84	54
Net cash (used in) provided by investing activities of continuing operations	−63	1	−81
Net cash provided by (used in) investing activities of discontinued operations	1,282	−54	−54
Net cash provided by (used in) investing activities	1,219	−53	−135
Cash flows from financing activities	—	—	—
Debt borrowings	2,304	3,329	1,737
Debt repayments	3,523	3,547	1,839
Debt issuance costs	0	7	0
Repurchase of ordinary shares	81	4	107
Settlement of interest rate swaps	0	13	0
Exercise of employee share options	0	0	1
Other financing activities	−1	0	0
Net cash used in financing activities of continuing operations	−1,301	−242	−208
Net cash used in financing activities of discontinued operations	0	0	0
Net cash used in financing activities	−1,301	−242	−208
Effect of exchange rate changes on cash and cash equivalents	−25	−16	−17
Net decrease in cash, cash equivalents and restricted cash	−30	−30	−51
Cash, cash equivalents and restricted cash, end of period	—	—	—
Cash, cash equivalents and restricted cash, end of period	—	—	—
Supplemental disclosures of cash flow information	—	—	—
Cash paid for interest	45	87	96
Cash paid for income taxes	102	125	156
Supplemental disclosure of non-cash investing and financing activities	—	—	—
Accrued capital expenditures	18	16	35
Summary of cash, cash equivalents and restricted cash	—	—	—
Cash, cash equivalents and restricted cash of continuing operations, end of period	—	—	—
Cash, cash equivalents and restricted cash of discontinued operations, end of period	—	—	—
Cash, cash equivalents and restricted cash, end of period	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro