Capri Holdings Ltd

CPRI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Capri Earnings: Signs of Recovery for Remaining Brands After Versace Sale; Shares Attractive

David Swartz

Feb 3, 2026

Excluding Versace (disposed), Capri's fiscal 2026 third-quarter revenue fell 4% as a 5.6% decrease for Michael Kors (84% of total) was partially offset by a 5% increase for Jimmy Choo (16%). Gross margin fell 230 basis points due to tariffs and led to a 7.7% adjusted operating that fell from 9.1%.

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Capri Holdings Ltd

Capri Earnings: Signs of Recovery for Remaining Brands After Versace Sale; Shares Attractive

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