Capri

Q1 FY2027 EarningsQ1 FY27 results beat consensus across the board: revenue of $769M exceeded the $752.6M estimate, and adjusted EPS of $0.67 significantly outpaced the $0.40 consensus. While Michael Kors saw a 7.1% YoY revenue decline, Jimmy Choo surged 10.5%, driving overall margin expansion. However, management slashed FY27 revenue guidance to $3.4B due to inventory delays and EMEA softness, while maintaining the $2.15 EPS target through aggressive cost-cutting.