v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Mar. 28, 2026
Accounting Policies [Abstract]  
Schedule of Activity and Balances of Sales Reserves
The following table details the activity and balances of the Company’s sales reserves for the fiscal years ended March 28, 2026, March 29, 2025, and March 30, 2024 (in millions):
 Balance
Beginning
of Year		Amounts
Charged to
Revenue		Write-offs
Against
Reserves		Balance
at
Year End
Total Sales Reserves:
Fiscal Year Ended March 28, 2026$59 $366 $(362)$63 
Fiscal Year Ended March 29, 2025$59 $365 $(365)$59 
Fiscal Year Ended March 30, 2024$65 $311 $(317)$59 
Schedule of Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash as of March 28, 2026 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents$135 $107 
Restricted cash included within prepaid expenses and other current assets10 9 
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows from continuing operations$145 $116 
Schedule of Restrictions on Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash as of March 28, 2026 and March 29, 2025 from the consolidated balance sheets to the consolidated statements of cash flows is as follows:
 Fiscal Years Ended
 March 28,
2026		March 29,
2025
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents$135 $107 
Restricted cash included within prepaid expenses and other current assets10 9 
Total cash, cash equivalents and restricted cash shown on the consolidated statements of cash flows from continuing operations$145 $116 
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):
 Fiscal Years Ended
 March 28,
2026		March 29,
2025		March 30,
2024
Numerator:
Net income (loss) from continuing operations$80 $(526)$13 
Less: Net income attributable to noncontrolling interest from continuing operations1 3 — 
Net income (loss) attributable to Capri from continuing operations$79 $(529)$13 
Net income (loss) from discontinued operations, net of tax$58 $(653)$(242)
Less: Net income attributable to noncontrolling interest from discontinued operations— — — 
Net income (loss) attributable to Capri from discontinued operations58 (653)(242)
Net income (loss) attributable to Capri$137 $(1,182)$(229)
Denominator:
Basic weighted average shares119,309,284 118,256,350 117,014,420 
Weighted average dilutive share equivalents:
Share options, restricted stock units, and performance restricted stock units539,077 — 1,043,386 
Diluted weighted average shares119,848,361 118,256,350 118,057,806 
Net income (loss) per ordinary share attributable to Capri:
Basic from continuing operations$0.65 $(4.47)$0.11 
Basic from discontinued operations0.49 (5.53)(2.07)
Basic per ordinary share (1)
$1.14 $(10.00)$(1.96)
Diluted from continuing operations$0.65 $(4.47)$0.11 
Diluted from discontinued operations0.49 (5.53)(2.07)
Diluted per ordinary share (1)
$1.14 $(10.00)$(1.96)
(1)Basic and diluted per share amounts are calculated using unrounded numbers.