Capri Holdings Results Presentation Deck
Gross profit
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
Operating expenses
Total (loss) income from operations
(Loss) income before provision for income taxes
Provision for income taxes
Net (loss) income attributable to Capri
Weighted average diluted ordinary shares outstanding
Diluted (loss) net income per ordinary share - Capri
1)
2)
$
$
$
$
LA
$
As
Reported
737
876
$
$
(139) $
(136) $
46 $
151,104,434
(183) $
(1.21) $
Impairment
Charges (1)
(206)
206
206
23
183
1.19
Restructuring and
Other Charges (2)
$
$
GA
$
$
Three Months Ended March 27, 2021
GA
(14) $
$
14 $
14 $
6
8
GA
$
$
0.06 $
Charitable
Donations
(20)
20
20
15
COV ID-19
Related Charges
0.10
$
$
$
5 $
$
GA
$
23
(17)
40
6
$
FA
0.22
$
$
GA
40 $
GA
$
34 $
GA
$
Capri
Transformation
(2) $
2 $
$
2 $
1
2
0.02
$
As
Adjusted
760
617
143
146
86
59
154,379,232
0.38
Includes impairment charges of $94 million related to goodwill associated with the Jimmy Choo wholesale and licensing reporting units, $69 million related to the Jimmy Choo brand in de finite-lived in tangible assets. The se
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. This amount also includes
$43 million primarily related to operating lease right-of-use assets and fixed assets of our retail store locations.
Includes store closure costs which have been incorporated into the Capri Retail Store Optimization Program, other re structuri ng initiatives, and other costs recorded in connection with the acquisitions of Gianni Versace S.r.l. and
Jimmy Choo Group Limited.
11View entire presentation