4Q Fiscal Year 2023 Earnings Presentation
(1)
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(In millions, except per share data)
Gross profit
Operating expenses
Total income from
operations
Income before provision for
income taxes
Provision for income taxes
Net income attributable to
Capri
Diluted net income per
ordinary share - Capri
As Reported
$
Impairment
of Assets
3,744 $
2,841 $
903 $
915 $
92 $
822 $
5.39 $
Restructuring
and Other
Charges(¹)
(73) $
73 $
73 $
16 $
57 $
0.37
(42) $
42 $
42
$
8 $
34 $
0.22 $
Fiscal Year Ended April 2, 2022
Charitable
Donations
(10) $
10 $
10 $
10 $
0.07
COVID-19
Related
Charges
ERP
Implementation
(16) $
(2)
(14) $
(14) $
6 $
(20) $
(0.13) $
Capri
Transformation War in Ukraine
$
(19) $
19
6
19 $
$
$
13 $
0.09 $
(31) $
31 $
31
9
$
$
22 $
0.14 $
As Adjusted
2 $
(7) $
9 $
9 $
-
9 $
0.06 $
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 acquisition of Gianni Versace S.r.l.
3,730
2,657
1,073
1,085
137
947
6.21View entire presentation