v3.25.4

Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Dec. 27, 2025
Accounting Policies [Abstract] |
Schedule of Cash and Cash Equivalents | A reconciliation of cash, cash equivalents and restricted cash as of December 27, 2025 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
| December 27, 2025 |  | March 29, 2025
Reconciliation of cash, cash equivalents and restricted cash: |  |  |
Cash and cash equivalents | $ | 154 |  |  | $ | 107 |
Restricted cash included within prepaid expenses and other current assets | 10 |  |  | 9 |
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows from continuing operations | $ | 164 |  |  | $ | 116 |
Schedule of Restrictions on Cash and Cash Equivalents | A reconciliation of cash, cash equivalents and restricted cash as of December 27, 2025 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):
| December 27, 2025 |  | March 29, 2025
Reconciliation of cash, cash equivalents and restricted cash: |  |  |
Cash and cash equivalents | $ | 154 |  |  | $ | 107 |
Restricted cash included within prepaid expenses and other current assets | 10 |  |  | 9 |
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows from continuing operations | $ | 164 |  |  | $ | 116 |
Schedule of Supplemental Cash Flow Information Related to Leases | The following table presents the Company’s supplemental cash flow information related to leases (in millions):
|  |  |  | Nine Months Ended
|  |  |  | December 27, 2025 |  | December 28, 2024
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows used in operating leases |  | $ | 268 |  |  | $ | 264 |
Schedule of Components of Calculation of Basic Net Income (Loss) Per Ordinary Share and Diluted Net Income (Loss) Per Ordinary Share | The components of the calculation of basic net income (loss) per ordinary share and diluted net income (loss) per ordinary share are as follows (in millions, except share and per share data):
| Three Months Ended |  | Nine Months Ended
| December 27, 2025 |  | December 28, 2024 |  | December 27, 2025 |  | December 28, 2024
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 57 |  |  | $ | 6 |  |  | $ | 79 |  |  | $ | 53 |
Less: Net income attributable to noncontrolling interest from continuing operations | — |  |  | 1 |  |  | — |  |  | 2 |
Net income attributable to Capri from continuing operations | $ | 57 |  |  | $ | 5 |  |  | $ | 79 |  |  | $ | 51 |
Net income (loss) from discontinued operations, net of tax | $ | 59 |  |  | $ | (552) |  |  | $ | 62 |  |  | $ | (588) |
Less: Net income attributable to noncontrolling interest from discontinued operations | — |  |  | — |  |  | — |  |  | — |
Net income (loss) attributable to Capri from discontinued operations | 59 |  |  | (552) |  |  | 62 |  |  | (588) |
Net income (loss) attributable to Capri | $ | 116 |  |  | $ | (547) |  |  | $ | 141 |  |  | $ | (537) |
Denominator: |  |  |  |  |  |  |
Basic weighted average shares | 119,852,277 |  |  | 118,543,746 |  |  | 119,479,642 |  |  | 118,150,485 |
Weighted average dilutive share equivalents: |  |  |  |  |  |  |
Share options, restricted stock units, and performance restricted stock units | 748,393 |  |  | 56,629 |  |  | 489,259 |  |  | 394,371 |
Diluted weighted average shares | 120,600,670 |  |  | 118,600,375 |  |  | 119,968,901 |  |  | 118,544,856 |
Net income (loss) per ordinary share attributable to Capri: |  |  |  |  |  |  |
Basic from continuing operations | $ | 0.47 |  |  | $ | 0.05 |  |  | $ | 0.66 |  |  | $ | 0.44 |
Basic from discontinued operations | 0.49 |  |  | (4.66) |  |  | 0.52 |  |  | (4.98) |
Basic per ordinary share (1) | $ | 0.96 |  |  | $ | (4.61) |  |  | $ | 1.18 |  |  | $ | (4.54) |
Diluted from continuing operations | $ | 0.47 |  |  | $ | 0.05 |  |  | $ | 0.66 |  |  | $ | 0.44 |
Diluted from discontinued operations | 0.49 |  |  | (4.66) |  |  | 0.52 |  |  | (4.98) |
Diluted per ordinary share (1) | $ | 0.96 |  |  | $ | (4.61) |  |  | $ | 1.18 |  |  | $ | (4.54) |
(1)Basic and diluted per share amounts are calculated using unrounded numbers.

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