Capri Holdings Lifts Fiscal 2026 Revenue Outlook as Jimmy Choo Offsets Michael Kors Pressure
Capri Holdings raised its fiscal 2026 revenue guidance, citing continued demand for apparel and handbags across its Jimmy Choo and Michael Kors brands. The company reported a 4% decline in quarterly revenue to $1.03 billion but exceeded analysts' revenue and EPS estimates, and said Jimmy Choo delivered a sales gain while Michael Kors sales remained…