v3.26.3
Segment Information (Tables)
6 Months Ended
Sep. 26, 2026
Segment Reporting [Abstract]  
Schedule of Key Performance Information of Reportable Segments
The following table presents the key performance information of the Company’s reportable segments (in millions):
Three Months EndedSix Months Ended
September 26,
2026
September 27,
2025
September 26,
2026
September 27,
2025
Total revenue:
Michael Kors$663 $725 $1,253 $1,360 
Jimmy Choo146 131 325 293 
Total revenue$809 $856 $1,578 $1,653 
Cost of goods sold:
Michael Kors$255 $295 $468 $542 
Jimmy Choo42 39 98 87 
Total cost of goods sold$297 $334 $566 $629 
Selling, general and administrative expenses:
Michael Kors$322 $339 $626 $646 
Jimmy Choo95 94 199 197 
Corporate42 48 85 93 
Total selling, general and administrative expenses$459 $481 $910 $936 
Depreciation and amortization:
Michael Kors$18 $18 $36 $36 
Jimmy Choo7 7 13 14 
Corporate5 5 10 10 
Total depreciation and amortization$30 $30 $59 $60 
Income (loss) from continuing operations:
Michael Kors$68 $73 $123 $136 
Jimmy Choo2 (9)15 (5)
70 64 138 131 
Less:Corporate expenses(47)(53)(95)(103)
Impairment of assets (1)
(12)(21)(12)(21)
Restructuring and other expense(1)(2)(4)(3)
Income (loss) from continuing operations$10 $(12)$27 $4 
(1)Impairment of assets during the three and six months ended September 26, 2026 and September 27, 2025 primarily relate to operating lease right-of-use assets at certain Michael Kors store locations.
Schedule of Total Revenue by Geographic Location
Total revenue (based on country of origin) by geographic location are as follows (in millions):
Three Months EndedSix Months Ended
September 26,
2026
September 27,
2025
September 26,
2026
September 27,
2025
Revenue:
The Americas (1)
$447 $491 $877 $950 
EMEA261 261 485 489 
Asia101 104 216 214 
Total revenue$809 $856 $1,578 $1,653 
(1)Total revenue earned in the U.S. was $403 million and $792 million, respectively, for the three and six months ended September 26, 2026. Total revenue earned in the U.S. was $442 million and $860 million, respectively, for the three and six months ended September 27, 2025.
Schedule of Total Long-Lived Assets by Reportable Segments
Total long-lived assets of the Company’s reportable segments are as follows (in millions):
As of
September 26,
2026
March 28,
2026
Long-lived assets:
Michael Kors$1,175 $1,198 
Jimmy Choo571 589 
Total long-lived assets$1,746 $1,787