Capri Holdings posts mixed Q4 with profit beat but revenue miss, shares drop 6%.

Capri Holdings reported its fiscal Q4 results showing adjusted earnings per share of $0.22, beating estimates by more than double, but revenue fell short at $796 million, down 3.7% year-over-year. Despite the revenue miss, profitability was stronger than expected, partly due to $40 million in tariff refunds. The company projects fiscal 2027 revenue of about $3.525 billion and expects earnings per share growth of around 40%. However, the first-quarter outlook is softer than expected on revenue and operating income, though EPS guidance remains positive due to tax factors. Capri also repurchased 4 million shares during the quarter.