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  1. Luxury fashion brands Versace, Jimmy Choo, and Michael Kors are facing market shifts and tariff impacts.

Capri Holdings Returns to Profitability in Fiscal Q4; Outlines FY2027 Targets

7 reports, 6 independent Updated May 27
Gone quiet Reached 6 outlets in its first 24 hours
Reports
7
Developments
9
Repetition
14%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 6 independent outlets

Capri Holdings reported a return to profitability in its fiscal fourth quarter, posting net income of $27 million, equating to $0.22 per share. The company stated that strategic efforts at Michael Kors and Jimmy Choo were beginning to gain traction. Management guided that for fiscal 2027, the company projects revenue of approximately $3.525 billion, operating income around $190 million, and EPS of roughly $2.15.

From yahoo.com, finanznachrichten.de

Why it matters

Some supportBrind's analysis of the reports

The results confirm that the brand reset strategy at Michael Kors and Jimmy Choo is showing signs of success. The company noted that Jimmy Choo was expected to become profitable in fiscal 2027, while Michael Kors saw full-price comparable sales turn positive.

Luxury fashion brands Versace, Jimmy Choo, and Michael Kors are facing market shifts and tariff impacts.

From yahoo.com

Who's involved

  • CapriParent company overseeing the luxury brands
  • Jimmy ChooLuxury fashion brand undergoing strategic revitalization
  • Michael KorsLuxury fashion brand whose performance drives company revenue

How it developed

Newest first. Tap a step to see who reported it.
  1. Capri Holdings is driving a brand reset and expanding into casual wear through increased marketing spend.Sub-event
  2. Capri Holdings is implementing strategic changes for its luxury brands, including reducing Michael Kors' department store exposure.Sub-event
  3. Stronger-than-anticipated financial outcomes were reported for Jimmy Choo and Michael Kors.Sub-event
  4. Capri Holdings leverages the potential of its luxury brands.1 source
  5. Capri Holdings is strategically restructuring its luxury brands, including Michael Kors and Jimmy Choo.1 source
  6. JPM upgraded Capri Holdings stock after noting Michael Kors drives most of its revenue.1 source
  7. Capri Holdings noted growth inflection at Michael Kors and sees CACI as well-positioned in defense.1 source
  8. Analyst Boss upgraded Capri Holdings stock after noting its strategy mirrors Ralph Lauren's turnaround.1 source
Show 1 earlier step
  1. Performance stabilization linked to strengthening Jimmy Choo and Michael Kors brands.1 source

Keep exploring

Part of

Luxury fashion brands Versace, Jimmy Choo, and Michael Kors are facing market shifts and tariff impacts. All 2 developments

The entities involved

Coverage

Newest first; wire copies grouped
  • yahoo.com
  • finanznachrichten.de
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  • TipRanksC3 AI downgraded, Capri upgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that
  • Investing.comJPMorgan sees 50% upside in Michael Kors owner Capri Investing.com -- Capri Holdings (NYSE:CPRI) stock rose 7% Wednesday morning after JPMorgan upgraded the luxury fashion group to Overweight from Ne
  • ZacksCPRI Q1 Earnings Beat Estimates, Strategic Turnaround Gains Momentum Capri Holdings Limited CPRI posted first-quarter fiscal 2026 results, wherein the top line declined but the bottom line increased
  • Investing.comCapri stock gains on strong Q1 display and rosy full-year guidance Investing.com -- Capri Holdings (NYSE:CPRI) saw its shares more than 5% after the company offered upbeat annual guidance following i