Capri Holdings Investor Day Presentation Deck
NON-GAAP MEASURES
This presentation includes certain non-GAAP financial measures that exclude certain costs associated with COVID-19 related charges, long-lived
asset impairments, ERP implementation costs, Capri transformation costs, an inventory step-up adjustment, acquisition foreign currency effects,
restructuring and other charges, charitable donations and the war in Ukraine. The Company uses non-GAAP financial measures, among other things,
to evaluate its operating performance and in order to represent the manner in which the Company conducts and views its business. The Company
believes that excluding these items helps its management and vestors compare operating performance based on its ongoing operations.
Company considers the non-GAAP measures to be useful supplemental measures in analyzing its results, they are not intended to replace, nor act as
a substitute for, any amounts presented in its consolidated financial statements prepared in conformity with U.S. GAAP and may be different from non-
GAAP measures reported by other companies.View entire presentation