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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.