NYSE$CPRI

Capri Holdings Ltd · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Capri Holdings reported Q1 2026 revenue of $797.0M, net income of $53.0M.

For Q1 2026, Capri Holdings reported Revenue was $797.0M, net income was $53.0M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $797.0M for Q1 2026.
  • Net income $53.0M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$797M

Previous: $1.07B-25.3%
EPS

$0.44

Previous: -$0.11+500.0%
Gross margin

63.0%

Previous: 63.1%-0.2%
Operating margin

2.0%

Previous: 1.3%+53.8%
Adjusted operating margin

2.5%

Previous: 3.7%-32.4%
Inventory change

10.8%

No prior period
Michael Kors revenue decline

5.9%

Previous: 0.0%
Jimmy Choo revenue decline

6.4%

Previous: 0.0%
Jimmy Choo operating margin

2.5%

Previous: 2.3%+8.7%
Total revenue decline

6.0%

No prior period
Michael Kors operating margin

9.9%

Previous: 11.1%-10.8%
Capital Expenditures

-$13M

Previous: -$43M+69.8%
Free Cash Flow

$40M

Previous: $40M+0.0%
Net Income

$53M

Previous: -$14M+478.6%
Operating Income

$16M

Previous: -$8M+300.0%
Gross Profit

$502M

Previous: $689M-27.1%
Cash & Equivalents

$129M

Previous: $213M-39.4%
Total Assets

$5.47B

Previous: $6.62B-17.3%

Revenue & EPS history

Capri · Revenue · Quarterly

$797M

Q1 2026-25.3%vs Q1 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Capri · $796M total across 2 segments · Q4 2026

  • Michael Kors
    $656M
  • Jimmy Choo
    $140M

Forward guidance

Consumer and retail platforms cite demand trends, marketing efficiency, and capital returns.

Tailwinds

  • Brand strength and traffic or GMV growth initiatives.
  • Margin initiatives and buyback/dividend capacity.

Headwinds

  • Consumer spending and FX headwinds.
  • Competitive promotional pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+2.4%

Avg return

Earnings day

+2.5%

Avg return

5 days after

+3.3%

Avg return

30 days after

58%

34 / 59 earnings

Positive

+53.5%

Q1 2024

Best reaction

-25.5%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026-1.2%-0.5%
Q3 2026-13.4%-12.8%-19.2%
Q2 2026-0.0%+6.7%+33.5%
Q1 2026+14.3%+6.7%+16.9%
Q4 2025+3.1%-0.9%+0.2%
Q3 2025-10.1%-8.5%-13.1%
Q2 2025-6.7%-11.9%+1.3%
Q1 2025-4.2%-6.2%+9.1%
Q4 2024-1.2%+0.5%-3.4%
Q3 2024+1.3%+1.8%+1.2%
Q2 2024-2.3%-1.5%+0.5%
Q1 2024+53.5%+50.0%+52.5%
Q4 2023-13.0%-9.8%-9.3%
Q3 2023-25.5%-22.8%-35.4%
Q2 2023+4.5%+10.9%+21.5%
Q1 2023-1.8%+1.2%-5.3%
Q4 2022+0.6%+4.8%-15.4%
Q3 2022+4.9%+5.4%-11.3%
Q2 2022+19.9%+16.6%+10.8%
Q1 2022+14.2%+16.6%+16.7%
Q4 2021+6.6%+7.1%+6.3%
Q3 2021+6.6%+9.0%+11.6%
Q2 2021+7.2%+20.8%+68.1%
Q1 2021+7.2%+20.1%+22.2%
Q4 2020-2.6%+0.5%-4.2%
Q3 2020+1.9%-2.2%-25.5%
Q2 2020+4.5%+6.7%+11.9%
Q1 2020+3.5%-5.5%-11.1%
Q4 2019-13.1%-12.5%-10.8%
Q3 2019+8.2%+4.5%+0.1%
Q2 2019-12.8%-16.9%-29.5%
Q1 2019+10.3%+8.9%+10.3%
Q4 2018-15.9%-11.2%-2.4%
Q3 2018-8.3%-7.0%-6.2%
Q2 2018+14.7%+14.9%+25.7%
Q1 2018+23.0%+20.0%+13.8%
Q4 2017-8.8%-4.9%-0.1%
Q3 2017-8.3%-7.0%-11.7%
Q2 2017-1.0%-6.5%-1.6%
Q1 2017-2.0%-0.3%-4.7%
Q4 2016+11.2%+16.1%+17.2%
Q3 2016+27.9%
Q2 2016+10.6%
Q1 2016+11.0%
Q4 2015-24.4%
Q3 2015+0.9%
Q2 2015-7.2%
Q1 2015-3.3%
Q4 2014-3.6%
Q3 2014+19.1%
Q2 2014+6.3%
Q1 2014+2.4%
Q4 2013+6.0%
Q3 2013+7.6%
Q2 2013-4.9%
Q1 2013+16.6%
Q4 2012+1.7%
Q4 2011+1.7%
Q4 2010+1.7%
Q1 2012

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