Capri Holdings Limited (CPRI) 8-K Other Events

Exhibit 99.1

Schedule of Reclassified Segment Data

Supplemental Financial Information

Non-U.S. GAAP Operating Income (Loss)

(In millions)

(Unaudited)

		Fiscal 2019
		First Quarter								Second Quarter
		As Reported		Adjustment			As Recast			As Reported			Adjustment			As Recast
Income from operations:
	MK Retail	$	93	$	(93	)	$	—		$	67		$	(67	)	$	—
	MK Wholesale	$	97	$	(97	)	$	—		$	131		$	(131	)	$	—
	MK Licensing	$	9	$	(9	)	$	—		$	10		$	(10	)	$	—
Michael Kors		$	199	$	31		$	230		$	208		$	40		$	248
Jimmy Choo		16		6			22			(18		)	9			(9		)
Versace		—		—			—			—			—			—
Total segment income from operations		215		37			252			190			49			239
Less:	Corporate expenses	—		(22		)	(22		)	—			(23		)	(23		)
	Restructuring and other charges	—		(11		)	(11		)	—			(19		)	(19		)
	Impairment of long-lived assets	—		(4		)	(4		)	—			(7		)	(7		)
Total income from operations		$	215	$	—		$	215		$	190		$	—		$	190

		Fiscal 2019
		Third Quarter								Fourth Quarter			Full Year
		As Reported		Adjustment			As Recast			As Reported			As Reported
Income from operations:
	MK Retail	$	150	$	(150	)	$	—
	MK Wholesale	$	109	$	(109	)	$	—
	MK Licensing	$	26	$	(26	)	$	—
Michael Kors		$	285	$	35		$	320		$	166		$	964
Jimmy Choo		5		10			15			(8		)	20
Versace		—		—			—			(11		)	(11		)
Total segment income from operations		290		45			335			147			973
Less:	Corporate expenses	—		(20		)	(20		)	(28		)	(93		)
	Restructuring and other charges	—		(19		)	(19		)	(75		)	(124		)
	Impairment of long-lived assets	—		(6		)	(6		)	(4		)	(21		)
Total income from operations		$	290	$	—		$	290		$	40		$	735

Schedule of Reclassified Segment Data

Supplemental Financial Information

Non-U.S. GAAP Operating Income (Loss)

(In millions)

(Unaudited)

		Fiscal 2018
		First Quarter								Second Quarter
		As Reported		Adjustment			As Recast			As Reported			Adjustment			As Recast
Income from operations:
	MK Retail	$	92	$	(92	)	$	—		$	69		$	(69	)	$	—
	MK Wholesale	$	43	$	(43	)	$	—		$	120		$	(120	)	$	—
	MK Licensing	$	14	$	(14	)	$	—		$	10		$	(10	)	$	—
Michael Kors		$	149	$	24		$	173		$	199		$	57		$	256
Jimmy Choo		—		—			—			—			—			—
Total segment income from operations		149		24			173			199			57			256
Less:	Corporate expenses	—		(23		)	(23		)	—			(19		)	(19		)
	Restructuring and other charges	—		(1		)	(1		)	—			(22		)	(22		)
	Impairment of long-lived assets	—		—			—			—			(16		)	(16		)
Total income from operations		$	149	$	—		$	149		$	199		$	—		$	199
		Fiscal 2018
		Third Quarter								Fourth Quarter
		As Reported		Adjustment			As Recast			As Reported			Adjustment			As Recast
Income from operations:
	MK Retail	$	180	$	(180	)	$	—		$	(7	)	$	7		$	—
	MK Wholesale	$	101	$	(101	)	$	—		$	110		$	(110	)	$	—
	MK Licensing	$	27	$	(27	)	$	—		$	7		$	(7	)	$	—
Michael Kors		$	308	$	43		$	351		$	110		$	85		$	195
Jimmy Choo		6		8			14			(23		)	5			(18		)
Total segment income from operations		314		51			365			87			90			177
Less:	Corporate expenses	—		(20		)	(20		)	—			(25		)	(25		)
	Restructuring and other charges	—		(28		)	(28		)	—			(51		)	(51		)
	Impairment of long-lived assets	—		(3		)	(3		)	—			(14		)	(14		)
Total income from operations		$	314	$	—		$	314		$	87		$	—		$	87