Capri Holdings Results 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, restructuring and other charges. 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 investors compare operating performance based on its
ongoing operations. While the 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