Capri Holdings Reports Q2 FY2027 Results with Revenue Decline and Margin Stability
Oct 30, 2026, 7:37 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Revenue decline and modest operating margins reduce near-term upside; without new guidance, valuation re-rating risk increases as investors seek clarity on demand trends and cost actions.
AI summary
What happened, with direct paths to the underlying reporting
Capri Holdings reported Q2 FY2027 ended September 26, 2026 with revenue down 5.5% (4.9% CC) and margins showing some resilience: GAAP operating margin at 1.2% and adjusted margin at 3.8%. EPS was $0.25, or $0.42 on an adjusted basis. The results suggest ongoing demand softness but potential margin stability if cost discipline continues; key will be any forward guidance or outlook updates.
Q2 FY2027 revenue down 5.5%; constant currency down 4.9%.
GAAP operating margin 1.2%; adjusted margin 3.8%.
EPS $0.25; adjusted EPS $0.42.
Commentary from Chairman John D. Idol referenced in results.
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