Capri returned to profitability in Q4 with $0.22 EPS and projected $3.525 billion revenue for fiscal 2027 amid margin recovery.
Capri reported a fiscal fourth-quarter net income of $27 million, or $0.22 per share, reversing prior losses as gross margins expanded sharply. The company cited share repurchases and the Versace sale for improved financial flexibility.
Management highlighted positive momentum at Michael Kors and Jimmy Choo, with full-price comparable sales turning positive and Jimmy Choo returning to growth. Fiscal 2027 guidance includes revenue of $3.525 billion, operating income of $190 million, and EPS of $2.15, reflecting expected low single-digit revenue growth.
CEO John Idol attributed the rebound to deliberate actions in product innovation and brand engagement, signaling confidence in sustained recovery.