Capri Holdings (CPRI) Q2 2027 Earnings Call Transcript
Capri Holdings (CPRI) reported Q2 2027 revenue of $809M, down 5.5% YoY, but operating income rose 55%. EPS was $0.42 vs. a loss last year. The company raised fiscal 2027 guidance. Michael Kors revenue fell 8.6% YoY, but trends improved monthly. Capri expects revenue growth in the second half of the year.
How this was made

The 30-second read
Why it matters
The earnings beat and raised guidance provide fresh material that can drive the stock higher in the short term.
Market read
Earnings beat and guidance lift are likely to generate buying interest in CPRI and may influence the broader luxury sector.
What to watch
Potential headwinds from reduced markdown inventory and lower retail sales could temper upside.
Background
Capri Holdings (CPRI) operates luxury brands Michael Kors, Versace and Jimmy Choo. The company released its Q2 2027 earnings call transcript.
Ticker impact
Capri Holdings raised its fiscal 2027 revenue and EPS guidance after reporting Q2 results with revenue of $809M and EPS of $0.42.
likely upward pressure as investors price in higher future earnings
Earnings beat and guidance lift are fresh material that can move the stock immediately.
Market effects
Positive signal for the luxury apparel sector, may lift peers.
Supports broader US consumer discretionary sentiment.
Limited to US and global luxury markets.
Counterpoint
Guidance may be optimistic given ongoing inventory delays and weak wholesale trends.
Key entities
- companyCapri Holdings
Parent of Michael Kors, Versace, Jimmy Choo; ticker CPRI.



