Capri Holdings Ltd (CPRI) reported disappointing financial results for the second quarter of fiscal 2026. The company's earnings per share (EPS) of $-0.03 fell short of Wall Street's consensus estimate of $0.14, marking a $0.17 miss. Revenue reached $0.9 billion, slightly above the expected $0.8 billion but still indicative of challenges faced during the quarter.
The global fashion luxury group operates through three segments: Versace, Jimmy Choo, and Michael Kors, providing a diverse portfolio in the textiles, apparel, and luxury goods industry. The firm will host an earnings conference call to discuss these results and provide additional context on its operational performance.
This earnings report sheds light on Capri Holdings Ltd's recent financial health, as missing analyst expectations may reflect underlying market conditions or operational difficulties. Investors are encouraged to review the full earnings release and listen to management commentary for a comprehensive understanding of the quarter's performance and future outlook.
Upcoming earnings are scheduled for Monday, August 3, 2026, with an EPS estimate of 0.3917 and revenue expectations of $0.8 billion.