Capri Holdings Limited (CPRI) Q4 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call summary reveals a decline in key financial metrics, including revenue, gross margin, operating income, and net income, indicating a weakening financial performance. Despite no new strategic initiatives or partnerships, the Q&A section provided no additional positive insights. The stock's market cap suggests moderate sensitivity to earnings news, and the absence of guidance adjustments or shareholder return plans further supports a negative sentiment. Therefore, a negative stock price reaction of -2% to -8% is anticipated over the next two weeks.
Key Financial Performance
Revenue Capri Holdings reported a revenue of $1.2 billion for Q4 2026, which represents a 5% decrease year-over-year. The decline was attributed to weaker performance in the European market and currency headwinds.
Gross Margin The gross margin for Q4 2026 was 58.5%, down from 60% in the prior year. This 1.5 percentage point decline was due to increased promotional activity and higher input costs.
Operating Income Operating income for the quarter was $150 million, a 10% decrease compared to the same period last year. The decline was driven by higher operating expenses and lower revenue.
Net Income Net income for Q4 2026 was $100 million, down 12% year-over-year. This was primarily due to the decline in operating income and an increase in interest expenses.
Earnings Per Share (EPS) Earnings per share for the quarter were $0.65, a 13% decrease from $0.75 in Q4 2025. The decrease was in line with the drop in net income.
Free Cash Flow Free cash flow for the quarter was $80 million, a 20% decline year-over-year. The reduction was attributed to higher capital expenditures and lower cash from operations.
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Operating Highlights
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Risk or Challenges
Forward-Looking Statements: The company acknowledges that forward-looking statements made during the call are subject to risks and uncertainties that could cause actual results to differ from expectations. These risks and uncertainties are detailed in the company's press release and SEC filings.
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Guidance & Outlook
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Shareholder Return Plan
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Boss JPMorgan
Brooke Roach
CEO Tyler
CFO COO
COO EDT
Chairman CEO
Citigroup Inc
Cowen Research
Division Brooke
Division Greetings
Division Oliver
Division Rakesh
Division Simeon
Division Tracy
EDT Boss
Guggenheim Securities
Inc Research
Instructions conference
Kogan Citigroup
Oliver Chen
Patel Raymond
Rakesh Patel
Raymond Associates
Reddien CFO
Relations Idol
Research Division
Siegel Guggenheim
Simeon Siegel
Tracy Kogan
Tyler Reddien
conference Vice
CPRI Transcript
Capri Holdings Limited (CPRI) Q4 2026 Earnings Call Transcript
Unknown5-27
The earnings call summary reveals a decline in key financial metrics, including revenue, gross margin, operating income, and net income, indicating a weakening financial performance. Despite no new strategic initiatives or partnerships, the Q&A section provided no additional positive insights. The stock's market cap suggests moderate sensitivity to earnings news, and the absence of guidance adjustments or shareholder return plans further supports a negative sentiment. Therefore, a negative stock price reaction of -2% to -8% is anticipated over the next two weeks.
Capri Holdings Limited (CPRI) Presents at Citi's 2026 Global Consumer & Retail Conference 2026 Transcript
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Capri Holdings Limited (CPRI) Q3 2026 Earnings Call Transcript
Positive2-3
The earnings call indicates strong brand momentum, sequential retail sales improvement, and a significant reduction in net debt. The company is optimistic about future revenue growth and margin expansion, with strategic initiatives in place for both Michael Kors and Jimmy Choo. The $1 billion share repurchase program and improved financial health further support a positive outlook. Despite some margin declines due to tariffs, overall sentiment is positive, suggesting a stock price increase of 2% to 8% over the next two weeks.
Capri Holdings Limited (CPRI) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Neutral12-3
CPRI Slides
CPRI Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
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Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
