Summary of Significant Accounting Policies (Tables)

6 Months Ended

Sep. 27, 2025

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents

A reconciliation of cash, cash equivalents and restricted cash as of September 27, 2025 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):

	September 27, 2025		March 29, 2025
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	$	120	$	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	$	130	$	116

Schedule of Restrictions on Cash and Cash Equivalents

A reconciliation of cash, cash equivalents and restricted cash as of September 27, 2025 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows (in millions):

	September 27, 2025		March 29, 2025
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	$	120	$	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	$	130	$	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):

	Six Months Ended
	September 27, 2025		September 28, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows used in operating leases	$	182	$	176

Schedule of Components of Calculation of Basic Net (Loss) Income Per Ordinary Share and Diluted Net (Loss) Income Per Ordinary Share

The components of the calculation of basic net (loss) income per ordinary share and diluted net (loss) income per ordinary share are as follows (in millions, except share and per share data):

	Three Months Ended				Six Months Ended
	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Numerator:
Net (loss) income from continuing operations	$	(34)	$	42	$	22	$	47
Less: Net (loss) income attributable to noncontrolling interest from continuing operations	—		(1)		—		1
Net (loss) income attributable to Capri from continuing operations	$	(34)	$	43	$	22	$	46
Net income (loss) from discontinued operations, net of tax	$	6	$	(19)	$	3	$	(36)
Less: Net income attributable to noncontrolling interest from discontinued operations	—		—		—		—
Net income (loss) attributable to Capri from discontinued operations	6		(19)		3		(36)
Net (loss) income attributable to Capri	$	(28)	$	24	$	25	$	10
Denominator:
Basic weighted average shares	119,786,829		118,467,372		119,293,324		117,953,855
Weighted average dilutive share equivalents:
Share options, restricted stock units, and performance restricted stock units	—		310,351		359,693		563,243
Diluted weighted average shares	119,786,829		118,777,723		119,653,017		118,517,098
Net (loss) income per ordinary share attributable to Capri:
Basic from continuing operations	$	(0.28)	$	0.37	$	0.19	$	0.40
Basic from discontinued operations	0.06		(0.17)		0.03		(0.31)
Basic per ordinary share (1)	$	(0.22)	$	0.20	$	0.22	$	0.09
Diluted from continuing operations	$	(0.28)	$	0.37	$	0.19	$	0.40
Diluted from discontinued operations	0.06		(0.17)		0.03		(0.31)
Diluted per ordinary share (1)	$	(0.22)	$	0.20	$	0.22	$	0.09

(1)Basic and diluted per share amounts are calculated using unrounded numbers.