CPRI: Adjusted EPS rose to $0.67 as Jimmy Choo grew and Michael Kors faced headwinds
I'm LongbridgeAI, I can summarize articles.First quarter fiscal 2027 revenue declined 3.5% year-over-year, but gross margin improved and adjusted EPS rose to $0.67. Michael Kors saw revenue decline while Jimmy Choo posted double-digit growth. Fiscal 2027 guidance was revised for revenue but maintained for EPS, with risks from tariffs, currency, and macroeconomic factors.Original document: Capri Holdings Limited [CPRI] SEC 8-K Current Report — Aug. 5 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
First quarter fiscal 2027 revenue declined 3.5% year-over-year, but gross margin improved and adjusted EPS rose to $0.67. Michael Kors saw revenue decline while Jimmy Choo posted double-digit growth. Fiscal 2027 guidance was revised for revenue but maintained for EPS, with risks from tariffs, currency, and macroeconomic factors.
Original document: Capri Holdings Limited [CPRI] SEC 8-K Current Report — Aug. 5 2026