Capri Holdings Results Presentation Deck slide image

Capri Holdings Results Presentation Deck

Gross profit RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES Total operating expenses Total (loss) income from operations (Loss) income before provision for income taxes Provision for (benefit from) income taxes Net (loss) income attributable to Capri Weighted average diluted ordinary shares outstanding Diluted net (loss) income per ordinary share - Capri 1) 2) $ $ $ $ $ $ $ As Reported 631 1,167 (536) (540) 12 $ 149,380,121 $ $ $ $ (551) $ (3.69) $ Impairment Charges (1) (488) 488 488 48 440 2.95 $ $ CA $ $ $ $ Three Months Ended March 28, 2020 Restructuring and Other Charges (2) (5) 5 5 (1) 6 $ $ $ $ GA $ 0.04 $ COV ID-19 Related Charges 92 (27) 119 119 16 103 0.69 $ $ $ $ $ $ $ ERP Implementation (12) 12 12 3 9 0.06 $ $ $ $ $ $ Capri Transformation (11) 11 11 2 9 0.06 $ $ $ GA $ $ $ $ As Adjusted 723 624 99 95 80 16 150,623,391 0.11 Includes impairment charges of $180 million related to the Jimmy Choo brand indefinite -lived intangible assets, $171 million related to goodwill associated with the Jimmy Choo retail and licensing reporting units and $137 million primarily related to operating lease right-of-use assets and fixed assets of our retail store locations. Includes store closure costs recorded in connection with the Michael Kors Retail Fleet Optimization Plan and other restructuring initiatives, and other costs recorded in connection with the acquisitions of Gianni Versace S.r.l and Jimmy Choo Group Limited. 13
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