Capri Fiscal Q2 Swings to Adjusted Earnings, Revenue Falls

07:38 AM EDT, 10/30/2026 (MT Newswires) -- Capri (CPRI) reported fiscal Q2 adjusted earnings Friday of $0.42 per diluted share, swinging from a loss of $0.03 a year earlier. Analysts polled by FactSet expected $0.21. Total revenue for the quarter ended Sept. 26 was $809 million, compared with $856 million a year earlier. Analysts expected $786.5 million. For fiscal Q3, Capri expects adjusted EPS of $0.95 per diluted share and revenue of $1.01 billion. Analysts forecast non-GAAP EPS of $0.93 on sales of $1.02 billion. For fiscal 2027, the company expects adjusted EPS of $2.20 per diluted share on total revenue of approximately $3.42 billion. This compares with the company's prior guidance for diluted EPS of about $2.15 on revenue of $3.4 billion. Analysts expect non-GAAP EPS of $2.11 on sales of $3.40 billion. Shares of the company were up more than 6% in premarket activity on Friday.