STOCK TITAN

Capri Holdings Limited 8-K Filings

CPRI NYSE

Every 8-K that Capri Holdings Limited (CPRI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow CPRI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CPRI filings page.

Rhea-AI Summary

Capri Holdings reported first quarter fiscal 2027 revenue of $769 million, down 3.5% year over year (4.1% in constant currency), but with higher profitability. Gross margin improved to 65.0% and operating margin to 2.2%. Net income attributable to Capri was $69 million, or $0.60 per diluted share, with adjusted EPS of $0.67. Management said revenue, operating income and earnings per share exceeded expectations.

By brand, Michael Kors revenue declined 7.1% to $590 million as operating margin eased to 9.3%, while Jimmy Choo revenue grew 10.5% to $179 million and operating margin expanded to 7.3%. Inventory fell 20% to $624 million. Net debt fell to $224 million from $1.5 billion a year earlier. Free cash flow was $48 million, and the company repurchased $50 million of shares (about 2.6 million) at an average $19.31, leaving $871 million under its authorization.

For fiscal 2027, Capri now expects total revenue of approximately $3.4 billion and maintains diluted EPS guidance of about $2.15, which it states represents 40% growth over the prior year, supported by operating expense reductions. For second quarter fiscal 2027, it guides to $780 million of revenue and roughly $0.20 in diluted EPS.

Rhea-AI Summary

Capri Holdings Limited reported the results of its 2026 Annual Meeting of Shareholders held on July 29, 2026. A total of 96,775,550 ordinary shares, representing 84.11% of shares outstanding on the record date, were present. Shareholders elected three Class III directors—John D. Idol, Robin Freestone and Mahesh Madhavan—to serve until the 2029 annual meeting.

Shareholders also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending April 3, 2027, with 96,054,116 votes in favor. On an advisory basis, shareholders approved compensation of named executive officers, with 69,191,540 votes for. The Company’s Fifth Amended and Restated Omnibus Incentive Plan was approved, receiving 87,846,733 votes for.

Rhea-AI Summary

Capri Holdings Limited amended its main revolving credit agreement, reducing the commitments under its revolving credit facility from $1.5 billion to $1.0 billion and extending the maturity to June 24, 2031 through a new 2026 Revolving Credit Facility.

The multi-currency facility can be borrowed in U.S. Dollars, Euros, Canadian Dollars, Pounds Sterling, Japanese Yen and Swiss Francs, and includes a $125 million letter of credit sub-facility and up to $100 million of swing line loans. It is secured by liens on substantially all of the company’s and certain subsidiaries’ assets, including most registered intellectual property, and is guaranteed by borrowers and other subsidiaries.

The agreement maintains a maximum net leverage ratio of 4.0 to 1, with the option, on no more than two occasions, to increase this to 4.5 to 1 for four quarters following a material acquisition. The covenant uses total indebtedness plus capitalized operating lease obligations minus up to $200,000,000 of unrestricted cash, divided by Consolidated EBITDAR.

Rhea-AI Summary

Capri Holdings Limited disclosed that on June 11, 2026, director Stephen Reitman informed the company he will not stand for re-election to the Board at the 2026 Annual Meeting of Shareholders. His term will end at the conclusion of the 2026 Annual Meeting on July 29, 2026. The company states that Mr. Reitman is retiring and that his decision is not due to any disagreement with Capri Holdings regarding its operations, policies or practices.

Rhea-AI Summary

Capri Holdings returned to profitability in Fiscal 2026, posting net income from continuing operations of $80 million, or $0.65 per diluted share, after a large loss last year. Full‑year revenue from continuing operations was $3.474 billion, down modestly from $3.621 billion, while fourth quarter revenue declined 3.7% to $796 million.

Margins improved, helped by an estimated $65 million IEEPA tariff refund receivable, including a $40 million reduction to Fiscal 2026 cost of goods sold. Net debt fell sharply to $222 million as of March 28 2026 from $1.4 billion a year earlier, and free cash flow reached $134 million.

For Fiscal 2027, Capri guides to total revenue of about $3.525 billion and diluted earnings per share of roughly $2.15, implying low‑single‑digit revenue growth and approximately 40% adjusted EPS growth, with planned share repurchases of about $200 million.

Rhea-AI Summary

Capri Holdings Limited reported that Krista McDonough, its Chief Legal and Sustainability Officer, has decided to voluntarily resign to pursue another professional opportunity. She notified the company on April 6, 2026, and her resignation will be effective June 26, 2026.

The company has begun a process to identify her successor. Capri Holdings’ ordinary shares, with no par value, trade on the New York Stock Exchange under the symbol CPRI.

Rhea-AI Summary

Capri Holdings Limited has appointed Tyler Reddien as Chief Financial Officer and Chief Operating Officer, effective March 30, 2026. He joins from senior finance and operations roles at The Body Shop, Natura &Co, Hertz and United Airlines, bringing broad transformation and performance-improvement experience.

Under his employment agreement, Mr. Reddien will receive a base salary of $700,000 and annual cash incentives targeted at 100% of salary, with a 200% maximum based on performance. He will receive a new-hire RSU grant valued at about $500,000 and a June 2026 long-term incentive award targeted at about $1,500,000, both under Capri’s omnibus incentive plan.

The package includes up to $185,000 for relocation to the New York area, potential return-relocation support, and one year of salary, benefits and a prorated target bonus if he is terminated without cause or resigns for good reason. A separate change-in-control agreement provides a double-trigger severance of two times salary plus target bonus, a prorated bonus, 24 months of health coverage and up to $25,000 of outplacement if his role ends under specified conditions after a change in control. Interim CFO Rajal Mehta will return to his prior role as Michael Kors brand CFO.

Rhea-AI Summary

Capri Holdings Limited furnished a current report that includes a press release with its unaudited financial results for the third fiscal quarter ended December 27, 2025. The press release is attached as Exhibit 99.1 and is designated as furnished, not filed, under the Securities Exchange Act. The report is signed on behalf of Capri Holdings Limited by Interim Chief Financial Officer Rajal Mehta.

Rhea-AI Summary

Capri Holdings Limited completed the previously announced sale of subsidiaries that operate its Versace business to Prada S.p.A for an aggregate cash purchase price of $1.375 billion, subject to customary adjustments for net indebtedness, working capital and transaction expenses. The deal was executed under a stock purchase agreement originally signed in April 2025 and marks Capri’s full exit from operating the Versace business.

Capri also approved a $325,000 retention and performance bonus for Chief Legal and Sustainability Officer Krista McDonough, paid in a lump sum to recognize her work on the Versace sale and to encourage her continued employment. She must repay the gross bonus if she resigns without good reason or is terminated for cause within 12 months after payment, although this repayment obligation ends if there is a change in control of the company. Capri provided unaudited pro forma financial statements reflecting the Versace sale.

Rhea-AI Summary

Capri Holdings Limited (CPRI) reported that it furnished a press release with unaudited results for its second fiscal quarter ended September 27, 2025, and announced a new share repurchase authorization. The press release is attached as Exhibit 99.1.

The Board approved a three-year share repurchase program of up to $1.0 billion of outstanding ordinary shares, which the Company expects to begin implementing in fiscal 2027. Repurchases may occur in open market or privately negotiated transactions and will be subject to market conditions, legal requirements, trading restrictions under the Company’s insider trading policy, and other relevant factors. The program may be suspended or discontinued at any time.

Rhea-AI Summary

On 7 Aug 2025 Capri Holdings (NYSE: CPRI) filed an 8-K disclosing voting results from its 2025 Annual Meeting (82.34 % quorum, 97.1 m shares).

  • Director elections: Class II directors Judy Gibbons (83.1 m for; 94.1 %) and Jane Thompson (87.1 m for; 98.6 %) will serve until 2028.
  • Auditor: Ernst & Young LLP was ratified with 96.4 m for (99.2 %).
  • Say-on-Pay: Executive pay garnered 80.7 m for (91.3 %).
  • Say-on-Frequency: 86.3 m votes (97.6 %) favored an annual advisory vote; the company will hold the vote yearly until at least 2031.
  • Equity Incentive Plan: The 4th Amended & Restated Omnibus Incentive Plan passed with 65.8 m for (74.4 %), a noticeably lower approval level.

No financial performance data or other material events were reported.

Rhea-AI Summary

On 6 Aug 2025 Capri Holdings Limited (NYSE: CPRI) filed a Form 8-K announcing two disclosure items.

  • Item 2.02 – Results of Operations: The Company furnished a press release (Exhibit 99.1) containing unaudited first-quarter FY25 results for the period ended 28 Jun 2025. Specific revenue, EPS or margin figures are not included in the 8-K; investors must review the exhibit for details.
  • Item 8.01 – Other Events: Capri adopted ASU 2023-07 (Segment Reporting) in its FY25 financial statements, expanding reportable-segment expense disclosures. To aid comparability, it is furnishing supplemental unaudited historical segment data for FY25 interim periods (Exhibit 99.2).

The furnished information is not deemed "filed" under Exchange Act Section 18. No other material transactions, guidance changes or strategic actions were reported.