Capri Holdings Beats Expectations Announcing Third Quarter Fiscal 2026 Results

Headline Q3 Fiscal 2026 Numbers In the quarter ended December 27, 2025, total revenue from continuing operations fell 4.0 percent year over year to $1.025 billion, or 5.9% lower on a constant currency basis.

Gross profit came in at $623 million with a gross margin of 60.8%, versus 63.1% a year earlier, as underlying margin expansion was offset by higher than expected tariffs.

Operating income rose to $46 million, lifting the operating margin to 4.5% from 2.4% last year, while adjusted operating income reached $79 million for a 7.7% adjusted margin. Net income from continuing operations jumped to $57 million, or $0.47 per diluted share, with adjusted EPS at $0.81 versus $0.63 in the prior year period.

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