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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 28, 2024
Dec. 30, 2023
Income Statement [Abstract]        
Total revenue $ 1,261 $ 1,427 $ 3,407 $ 3,947
Cost of goods sold 449 499 1,212 1,375
Gross profit 812 928 2,195 2,572
Selling, general and administrative expenses 680 749 1,968 2,102
Depreciation and amortization 49 46 145 139
Impairment of assets 675 6 718 26
Restructuring and other (income) expense (2) 5 0 3
Total operating expenses 1,402 806 2,831 2,270
(Loss) income from operations (590) 122 (636) 302
Interest (income) expense, net (8) 1 (22) 12
Foreign currency loss (gain) 23 (2) 11 16
(Loss) income before income taxes (605) 123 (625) 274
(Benefit) provision for income taxes (59) 18 (90) 31
Net (loss) income (546) 105 (535) 243
Less: Net income attributable to noncontrolling interest 1 0 2 0
Net (loss) income attributable to Capri $ (547) $ 105 $ (537) $ 243
Weighted average ordinary shares outstanding:        
Basic (in shares) 118,543,746 116,795,382 118,150,485 116,967,118
Diluted (in shares) 118,543,746 118,163,528 118,150,485 118,003,245
Net (loss) income per ordinary share attributable to Capri:        
Basic (in dollars per share) $ (4.61) $ 0.89 $ (4.54) $ 2.07
Diluted (in dollars per share) $ (4.61) $ 0.88 $ (4.54) $ 2.06
Statements of Comprehensive (Loss) Income:        
Net (loss) income $ (546) $ 105 $ (535) $ 243
Foreign currency translation adjustments 119 (99) (28) (112)
Net loss on derivatives 0 0 (11) (4)
Comprehensive (loss) income (427) 6 (574) 127
Less: Net income attributable to noncontrolling interest 1 0 2 0
Comprehensive (loss) income attributable to Capri $ (428) $ 6 $ (576) $ 127