5/27/2026

speaker
Operator

Greetings. Welcome to Capri Holdings Limited's fourth quarter fiscal 2026 financial results conference call. At this time, all participants are in listen-only mode. Question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero from your telephone keypad. Please note that this conference is being recorded. At this time, I'll now turn the conference over to Jennifer Davis, Vice President of Investor Relations. Thank you, Jennifer. You may now begin.

speaker
Jennifer Davis
Vice President of Investor Relations, Capri Holdings

Good morning, everyone, and thank you for joining us on Capri Holdings Limited's fourth quarter and full year fiscal 2026 conference call. With me this morning are John Idle, Capri's Chairman and Chief Executive Officer, Tyler Radine, Capri's Chief Financial and Chief Operating Officer, and Raj Mehta, Michael Kors' Chief Financial Officer and Capri's former Interim Chief Financial Officer. Before we begin, let me remind you that certain statements made on today's call may constitute forward-looking statements, which are subject to risks and uncertainties that could cause actual results to differ from those we expect. Those risks and uncertainties are described in today's press release and in the company's SEC filings, which are available on the company's website. Investors should not assume that the statements made during this call will remain operative at a later time. and the company undertakes no obligation to update any information discussed on today's call. Unless otherwise noted, all financial information on today's call will be presented on a non-GAAP basis. These non-GAAP measures exclude certain costs associated with impairment charges, store renovation plan costs, merger and divestiture transaction-related costs, CAPRI transformation costs, reserves related to a wholesale customer bankruptcy, as well as restructuring and other charges. To view the corresponding gap measures and related reconciliation, please review our latest earnings release posted to our website earlier today at capriholdings.com. Additionally, the company has classified the results of operations and cash flows of its Versace business as discontinued operations. Unless otherwise noted, all information on today's call relates only to continuing operations. Now, I would like to turn the call over to Mr. John Idle, Chairman and Chief Executive Officer.

speaker
John Idle
Chairman and Chief Executive Officer, Capri Holdings

John? Thank you, Jennifer, and good morning, everyone. I would like to begin by welcoming Tyler Radin to Capri Holdings. As Tyler joined following the end of our fourth quarter, Raj Mehta, We'll review our fourth quarter results and guidance on today's call. Tyler will present and review our results on all future calls. I will now turn it over to Tyler for a few opening remarks.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

-

-

Investor presentation