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Capri Holdings (CPRI) remains a sell as recent results and guidance fail to support a convincing turnaround or attractive valuation. Despite a nearly debt-free balance sheet post-Versace sale, CPRI's operating margins and sales continue to decline, undermining the bull thesis. Management's strategy relies on higher average prices and reduced promotions, but brand strength and competitive pressu...
Capri Holdings (NYSE:CPRI) reported third quarter fiscal 2026 results that exceeded earnings expectations but saw its shares fall due to ongoing revenue pressures and margin concerns. The luxury fashion group posted total revenue of $1.025 billion, down 4% year-over-year, slightly above analyst estimates of around $1 billion.
Capri Holdings on Tuesday raised its annual revenue forecast, banking on steady demand for apparel and handbags across its Jimmy Choo and Michael Kors brands.
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2026 ended December 27, 2025. Third Quarter Fiscal 2026 Highlights from Continuing Operations Revenue decreased 4.0% on a reported basis and 5.9% in constant currency Operating margin was 4.5%; adjusted operating margin was 7.7% Earnin...
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2026 financial results on Tuesday, February 3, 2026, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Those who wish to participate in the call may do so by dialing (877) 704-44...
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that it has completed the previously announced sale of Versace to Prada S.p.A. (HKSE:1913) for $1.375 billion in cash subject to certain adjustments. John D. Idol, the Company's Chairman and Chief Executive Officer, said, "With the successful completion of the sale of Versace, we plan to ...
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