Capri Holdings Posts Wider Loss In Q4

(RTTNews) - Capri Holdings (CPRI) posted a fourth quarter net loss of $645 million, or $5.44 per share, compared to a net loss of $472 million, or $4.03 per share, in the prior year. Adjusted net loss was $581 million, or $4.90 per share, compared to adjusted net income of $50 million, or $0.42 per share, in the prior year. Total revenue was $1.0 billion, decreased 15.4% compared to last year. On a constant currency basis, total revenue decreased 14.1%.

For 2026, the company expects, total revenue of approximately $3.3 to $3.4 billion; and earnings per share of approximately $1.20 to $1.40.

For the first quarter, the company expects: total revenue of approximately $765 to $780 million; and earnings per share of approximately $0.10 to $0.15.

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