Capri Holdings Ltd
No SEC Form 4 filings for $CPRI in the last 30 days.
Capri Holdings forecast fiscal 2027 profit per share of about $2.15, above Wall Street’s $1.83 estimate, as it targets a turnaround for Michael Kors. The brand’s revenue fell 5.5% to $656 million. Capri reported Q4 revenue of $796 million and adjusted EPS of 22 cents vs 11 cents expected, with gross margin at 64.8%.
Vanguard Group Inc. increased its stake in Capri Holdings Limited (NYSE:CPRI) by 1.0% in the fourth quarter of the previous year, now owning approximately 9.82% of the company's stock. Capri Holdings recently reported quarterly earnings that surpassed analyst expectations in both EPS and revenue, though revenue saw a 4% year-over-year decline. Despite an average "Hold" rating from analysts, CEO John D. Idol recently purchased 55,000 shares, showing insider confidence.
Capri Holdings Ltd, with its portfolio of Versace, Michael Kors, and Jimmy Choo, leverages brand diversification to navigate luxury market shifts and maintain revenue stability. This multi-brand strategy helps mitigate risks, optimize omnichannel distribution, and improve margins, making the stock attractive to investors seeking long-term growth and resilience against market volatility. Future catalysts include expansion into new categories and geographies, alongside continued focus on direct-to-consumer channels and sustainable practices.
