Capri Holdings Reports 2.5% Revenue Decline in Second Quarter Fiscal 2026

Reuters
11/04
Capri Holdings Reports 2.5% Revenue Decline in Second Quarter Fiscal 2026

Capri Holdings Limited reported a 2.5% decrease in revenue on a reported basis and a 4.2% decrease in constant currency for the second quarter of fiscal 2026, with revenue totaling approximately $975 million to $1.0 billion expected for the third quarter. The company posted an operating margin of -1.4% and an adjusted operating margin of 2.3%. Loss per share was $(0.28), with an adjusted loss per share of $(0.03). For fiscal year 2026, Capri Holdings anticipates total revenue of approximately $3.4 billion and operating income of around $100 million. The company also announced a $1 billion share repurchase program. Guidance reflects incremental tariffs on imports from several countries, with further details available on the company's website.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capri Holdings Limited published the original content used to generate this news brief via Business Wire (Ref. ID: 20251104094671) on November 04, 2025, and is solely responsible for the information contained therein.

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