Capri Holdings reported fiscal Q3 FY2026 revenue of $1.025 billion for the period ended December 27, 2025, down 4% YoY, but raised its full-year outlook after results exceeded expectations. The group now forecasts FY2026 revenue of $3.45 billion to $3.48 billion. Michael Kors saw revenue decline 5.6% to $858 million but delivered operating profit of $119 million. Jimmy Choo outperformed, posting a 5% revenue increase to $167 million. Capri's balance sheet improved markedly after selling Versace to Prada for about $1.5 billion, reducing net debt to $80 million.

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