Capri Holdings Results Presentation Deck
Gross profit
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In millions, except per share data)
Operating expenses
Total income from operations
Income before provision for income taxes
Provision for income taxes
Net (loss) income attributable to Capri
Diluted net (loss) income per ordinary share - Capri
(2)
Impairment
As Reported Charges (1)
$
2,597 $
$
GA
SA
2,578
$ (316)
19 $
316
3 $
316
66
$
51
265
(62) $
(0.41) $ 1.74
Restructuring
and Other
Charges (2)
EA
$
$
Fiscal Year Ended March 27, 2021
$
(32)
32
Charitable
Donations
$
$
$
(20)
20
COVID-19
Related
ERP
Charges Implementation Transformation
Capri
$
10 $
20
$
$
(32)
42
32
$
42
4
$
5 $
4
28
$
15 $
38
0.18 $ 0.10 $ 0.25
$
(2)
2
2
(1)
3
0.02
$
$
CA
(4)
4
As Adjusted
$
$
$
4
$
1 $
3 $
0.02 $
2,607
2,172
435
419
130
290
1.90
(1) Includes impairment charges of $153 million primarily related to operating lease right-of-use assets and fixed assets of our retail store locations. This amount also includes $94 million related to
goodwill associated with the Jimmy Choo wholesale and licensing reporting units and $69 million related to the Jimmy Choo brand indefinite-lived intangible assets. The Jimmy Choo impairment
charges were primarily related to higher discount rates in the current year driven by a change in market factors as well as a shift in expected revenue and earnings mix to the retail segment.
Includes store closure costs which have been incorporated into the Capri Retail Store Optimization Program, other restructuring initiatives, and other costs recorded in connection with the
acquisitions of Gianni Versace S.r.l. and Jimmy Choo Group Limited.View entire presentation