The Luxury Thread

Beyond Europe · United States

Capri Holdings

CPRI · NYSE. Prices to 23 Oct 2026. Updated 25 Oct 2026.

Michael Kors and Jimmy Choo after the Versace sale to Prada closed in December 2025. Figures are continuing operations.

Company tag

Weakening

Same thresholds as the European Luxury Health Check, but against the local market: growth above 3% scores +1, below 0% scores −1; shares more than 5 points ahead of the S&P 500 year to date score +1, more than 5 points behind score −1. Total −2. This tag is separate and does not feed the European health score.

Key numbers

PeriodRevenueGrowthReleased
Q1 FY27 (Apr to Jun 2026)$769m−3.5% (−4.1% cc)5 Aug 2026
Earlier periodsnot yet verified

Growth basis: reported, as the company reports it. Download CSV

Margin and valuationValueSource
Gross margin, Q1 FY2765.0%source
Adjusted operating margin, Q1 FY273.6%source
Valuation (P/E, yield)not yet verified
Line chart: Capri Holdings shares −35% this year vs S&P 500 +11.4%

Reporting lines

Q1 FY27 by brand, $ million

RevenueChangeOperating margin
Michael Kors590−7.1%9.3%
Jimmy Choo179+10.5%7.3%

Continuing operations. Source. Download CSV

What management said

Q1 FY27 (Apr to Jun 2026) Tone: mixed

Released 5 Aug 2026. Beat expectations but cut the full year revenue outlook to about $3.4bn. Release.

“We are encouraged by our first quarter results, which exceeded our expectations and demonstrated the progress we are making to build a stronger and more profitable business.”

John D. Idol, Chairman and Chief Executive Officer, source

Call: No public call transcript checked for this release. Not yet verified.

Annual report. Investor relations. Annual report not yet reviewed for this page.

Not yet verified: Q2 FY27 (due November 2026). Q2 to Q4 FY26 quarters for the four quarter table.

Sources

Last updated 25 Oct 2026. Quotes are copied verbatim from the linked releases.