Capri Holdings swings to Q2 FY27 net income of $27 million

By Public Technologies
  • Capri Holdings swung to net income of $27 million in the second quarter of FY27 from a year-earlier loss.
  • Revenue fell 6% year-over-year to $809 million, including $20 million from earlier-than-anticipated wholesale shipments.
  • Michael Kors revenue dropped 9% to $663 million, while Jimmy Choo revenue climbed 12% to $146 million year-over-year.
  • Management expects total company revenue to return to growth in the second half of FY27, supported by new collections and increased marketing.


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