Capri Holdings reports Q2 FY2027 earnings beat and raises full‑year outlook
+1 new source since this summary was written
Capri Holdings announced second‑quarter fiscal 2027 results on Oct. 30, 2026. Revenue fell 5.5% year‑over‑year to $809 million, while adjusted earnings per share came in at $0.42, beating estimates by $0.21. CEO John D. Idol said trends at Michael Kors and Jimmy Choo improved sequentially and the company expects revenue to return to growth in the second half of fiscal 2027. The firm also lifted its full‑year adjusted EPS guidance to $2.20 and its revenue target to about $3.42 billion.
Why it matters
The earnings beat and higher guidance suggest stronger profitability and may support a higher valuation for the stock, as noted by the company’s own outlook. The raised full‑year EPS target of $2.20 signals improved earnings potential for investors holding the shares.
Key facts
- 1Total revenue was $809 million, a 5.5% decrease compared with the prior year (reported basis). stocktitan.net
- 2Adjusted earnings per share were $0.42 for the quarter. stocktitan.net
- 3Operating margin was 1.2% and adjusted operating margin was 3.8% for the quarter. stocktitan.net
- 4Net income was $27 million, or $0.25 per diluted share, on a GAAP basis. stocktitan.net
- 5Full‑year adjusted EPS guidance was raised to $2.20. aol.com
- 6Full‑year revenue guidance was raised to about $3.42 billion. aol.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.