08:20 AM EDT, 08/06/2025 (MT Newswires) -- Capri (CPRI) reported fiscal Q1 adjusted earnings Wednesday of $0.50 per diluted share, up from $0.16 a year earlier.

Analysts polled by FactSet expected $0.12.

Revenue for the quarter ended June 28 was $797 million, down from $848 million a year earlier.

Analysts surveyed by FactSet expected $772.6 million.

The company said it expects fiscal Q2 adjusted EPS of about $0.10 to $0.15 on revenue of about $815 million to $835 million. Analysts surveyed by FactSet expect $0.28 and $798.7 million, respectively.

For fiscal year 2026, the company maintained its adjusted EPS outlook of about $1.20 to $1.40. Analysts polled by FactSet expect $1.26.

The company said it now expects fiscal 2026 revenue of about $3.38 billion to $3.45 billion, compared with the prior outlook of about $3.3 billion to $3.4 billion. Analysts surveyed by FactSet expect $3.36 billion.

Capri shares were up 10.5% in recent premarket activity.