Capri Holdings Limited Q1 2027 Earnings Call Summary
Capri Holdings reported Q1 2027 earnings call updates. Management said a “quality of sale” plan reduced promotions and off-price shipments, lifting Michael Kors AUR and gross margin. Guidance cut fiscal 2027 revenue to $3.4B, citing $50M Q2 inventory delays and $50M EMEA macro softness. EPS outlook remains $2.15 with $70M expense reductions.




