10-Q quarterly report · filed Nov 4, 2025

Capri Holdings Ltd (CPRI) Q3 2025 10-Q Quarterly Report

Short answer

Capri Holdings Ltd (CPRI) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 27, 2025. Quarterly revenue was $856M (down 20.7% year over year) with net income of −$28M.

Q3 2025 key financials · XBRL

Revenue
$856M
−20.7% YoY · +7.4% QoQ
Net income
−$28M
−216.7% YoY · −152.8% QoQ
Operating margin
-1.4%
Gross margin
61.0%
EPS (diluted)
−$0.22
−210.0% YoY · −150.0% QoQ

Source: XBRL data from the Capri Holdings Ltd (CPRI) Q3 2025 10-Q on SEC EDGAR. USD.

Capri Holdings Ltd Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $856M, down $22M or 2.5% YoY; constant-currency revenue down 4.2%
  • Michael Kors revenue $725M vs $738M; operating margin 10.1% vs 11.8%
  • Jimmy Choo worst segment: revenue $131M vs $140M; operating margin (6.9%) vs (3.6%)
  • Gross margin 61.0% vs 62.3%; Michael Kors margin 59.3% vs 61.1% amid U.S. import tariffs
  • Headwinds: inflation, geopolitical uncertainty, tariffs, currency volatility, and softer luxury demand in EMEA and Asia

Risk Factors

  • No material changes to risks disclosed in the March 29, 2025 Form 10-K
  • Global Optimization Plan concluded after 15 store closures
  • Restructuring expense $2 million, primarily severance and store closure costs
  • Employee tax-withholding share repurchases totaled 11,716 shares at $20.77 per share

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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