Capri Holdings Ltd

For the period ended Mar 28, 2026. Filed May 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed May 27, 2026

CPRI$21.73+1.6%Stored close · as of Nov 10, 2026

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

	Fiscal Years Ended
	March 28,2026	March 29,2025	March 30,2024
Cash flows from operating activities
Net income (loss)	$138	$(1,179)	$(229)
Net income (loss) from discontinued operations, net of tax	58	(653)	(242)
Net income (loss) from continuing operations	80	(526)	13
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	121	132	132
Share-based compensation expense	34	50	55
Impairment of assets	40	142	294
Deferred income taxes	(12)	333	(107)
Changes to lease related balances, net	(64)	(97)	(89)
Foreign currency losses	(4)	(2)	31
Other non-cash charges	24	12	(1)
Change in assets and liabilities:
Receivables, net	—	49	20
Inventories, net	133	(39)	177
Prepaid expenses and other current assets	(64)	2	(40)
Accounts payable	(76)	115	(34)
Accrued expenses and other current liabilities	(15)	13	(57)
Other long-term assets and liabilities	—	(30)	(38)
Net cash provided by operating activities of continuing operations	197	154	356
Net cash (used in) provided by operating activities of discontinued operations	(120)	127	(47)
Net cash provided by operating activities	77	281	309
Cash flows from investing activities
Capital expenditures	(63)	(74)	(135)
Cash paid for business acquisitions, net of cash acquired	—	(9)	—
Settlement of hedges	—	84	54
Net cash (used in) provided by investing activities of continuing operations	(63)	1	(81)
Net cash provided by (used in) investing activities of discontinued operations	1,282	(54)	(54)
Net cash provided by (used in) investing activities	1,219	(53)	(135)
Cash flows from financing activities
Debt borrowings	2,304	3,329	1,737
Debt repayments	(3,523)	(3,547)	(1,839)
Debt issuance costs	—	(7)	—
Repurchase of ordinary shares	(81)	(4)	(107)
Settlement of interest rate swaps	—	(13)	—
Exercise of employee share options	—	—	1
Other financing activities	(1)	—	—
Net cash used in financing activities of continuing operations	(1,301)	(242)	(208)
Net cash used in financing activities of discontinued operations	—	—	—
Net cash used in financing activities	(1,301)	(242)	(208)
Effect of exchange rate changes on cash and cash equivalents	(25)	(16)	(17)
Net decrease in cash, cash equivalents and restricted cash	(30)	(30)	(51)
Beginning of period	175	205	256
End of period	$145	$175	$205
Supplemental disclosures of cash flow information
Cash paid for interest	$45	$87	$96
Cash paid for income taxes	$102	$125	$156
Supplemental disclosure of non-cash investing and financing activities
Accrued capital expenditures	$18	$16	$35
Summary of cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash of continuing operations, end of period	$145	$116	$149
Cash, cash equivalents and restricted cash of discontinued operations, end of period	—	59	56
Cash, cash equivalents and restricted cash, end of period	$145	$175	$205

ContentsView on SEC.gov

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