Capri Q1 FY27 EPS rises to $0.60; revenue drops 3.5% to $769 million
CPRI•Brand performance and outlook
Michael Kors revenue dropped 7.1% to USD 590 million, while Jimmy Choo revenue climbed 10.5% to USD 179 million.
Capri forecast fiscal 2027 revenue of about USD 3.4 billion and held its adjusted EPS outlook at about USD 2.15.
Capri reports higher EPS as revenue declines
Capri posted Q1 fiscal 2027 net income of USD 69 million, or USD 0.60 per share, up from USD 53 million, or USD 0.44.
Revenue fell 3.5% to USD 769 million, while operating income edged up to USD 17 million from USD 16 million.
Operating margin widened 0.2 percentage points to 2.2%, while adjusted operating margin rose to 3.6% from 2.5%.
