Capri Holdings swings to Q2 FY27 net income of $27 million

Bitget2026/10/30 11:03

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Capri Holdings swung to net income of $27 million in the second quarter of FY27 from a year-earlier loss.
Revenue fell 6% year-over-year to $809 million, including $20 million from earlier-than-anticipated wholesale shipments.
Michael Kors revenue dropped 9% to $663 million, while Jimmy Choo revenue climbed 12% to $146 million year-over-year.
Management expects total company revenue to return to growth in the second half of FY27, supported by new collections and increased marketing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capri Holdings Limited published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Capri Holdings swings to Q2 FY27 net income of $27 million

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