Capri Holdings Ltd

Capri Holdings Ltd. operates as a global fashion luxury group. It engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel and accessories and men's apparel. The firm operates through the following segments: Versace, Jimmy Choo, and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through directly operated Versace boutiques. The Jimmy Choo segment sells Jimmy Choo luxury goods to end clients through directly operated Jimmy Choo stores. The Michael Kors segment sells Michael Kors products through four primary Michael Kors retail store formats such as Collection, Lifestyle, outlet stores, and e-commerce. The company was founded by Michael David Kors on December 13, 2002, and is headquartered in London, the United Kingdom.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

CPRI reports strong Q1 earnings but anticipates challenges ahead

CPRI reported strong revenue and earnings growth, but anticipates challenges in the first half of fiscal '24. The company aims to return Versace to growth, stabilize the wholesale business, and focus on direct-to-consumer business for future growth.

Capri Holdings reports Q3 challenges, pivots to retail growth

Capri Holdings faced challenges in Q3 with revenue decline but saw growth in own retail channels. The company is pivoting towards a lower wholesale sales mix and focusing on brand elevation.
Despite wholesale revenue declines and macroeconomic uncertainties, Capri Holdings remains confident in the strength of their luxury brands. They are adjusting strategies to address challenges and capitalize on opportunities.
Gross margin held up well, and the company plans to leverage database growth for marketing efficiencies. With a cautious outlook for Q4, Capri Holdings aims for revenue growth and improved operating margins in fiscal '24.
Strong cash flow performance and plans for continued investment in the business. Anticipate benefits in gross margin next year and outsized growth in China, while addressing challenges in the wholesale business.

Capri Holdings reports record revenue growth, faces wholesale challenges

Capri Holdings' luxury brands, including Versace and Jimmy Choo, drove revenue growth in fiscal '23.
The company faces challenges in wholesale declines and revenue adjustments due to FX changes.
Opportunities lie in future growth prospects for all brands, with a focus on e-commerce and store enhancements.
Strategic initiatives aim to stabilize profitability, align cost structures, and drive long-term growth.

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Capri Holdings Ltd. operates as a global fashion luxury group. It engages in the design and distribution of sportswear, accessories, footwear and apparel of branded women's apparel, and accessories and men's apparel. The firm operates through the following segments: Versace, Jimmy Choo, and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear, and home furnishings through directly operated Versace boutiques. The Jimmy Choo segment sells Jimmy Choo luxury goods to end clients through directly operated Jimmy Choo stores. The Michael Kors segment sells Michael Kors products through four primary Michael Kors retail store formats such as Collection, Lifestyle, outlet stores, and e-commerce. The company was founded by Michael David Kors on December 13, 2002 and is headquartered in London, the United Kingdom.

Capri Holdings reports second-quarter results, with revenues and earnings declining year over year due to weaker global demand for luxury fashion.

CPRI Q2 Earnings & Revenues Miss on Soft Demand, Gross Margin Dips Y/Y

The headline numbers for Capri Holdings (CPRI) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Capri Holdings (CPRI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $1.13 per share a year ago.

Capri Holdings (CPRI) Lags Q2 Earnings and Revenue Estimates

Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps across brands and a global slowdown in luxury goods demand, sending its shares down 5% in extended trading.

Capri posts bigger-than-expected drop in quarterly revenue on tepid demand

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2025 ended September 28, 2024. Second Quarter Fiscal 2025 Highlights Revenue decreased 16.4% on a reported basis and 16.4% in constant currency Adjusted operating margin of 3.0% Adjusted earnings per share of $0.65 John D. Idol, the Company's Chairman and Chief Executive Officer, said, “Overall, we were disappointed with our second qu.

Capri Holdings Limited Announces Second Quarter Fiscal 2025 Results

Evaluate the expected performance of Capri Holdings (CPRI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Capri Holdings (CPRI) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Capri Holdings (CPRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Capri Holdings (CPRI) to Report a Decline in Earnings: What to Look Out for

Capri Holdings (CPRI) stock price has suffered a harsh reversal and is on track for the third consecutive week of decline after its acquisition bid failed. It dropped to a low of $19.45, its lowest level since October 2020, and 73% below its highest level in 2023.

Capri Holdings stock price is heading towards a 75% crash

Tapestry

Is Capri stock a buy after its share price plunged?

Capri-Tapestry Merger Blocked. What Should Investors Do With the Stocks?

Tapestry's acquisition of Capri has been blocked.

Capri Holdings Stock Tanks 50% After FTC Blocks Tapestry Merger. What Should Investors Do Now?

A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.

Federal judge blocks luxury brand merger between Tapestry and Capri

The U.S. District Court in the Southern District of New York just blocked the acquisition of Capri Holdings by Tapestry in a suit brought by the Federal Trade Commission (FTC) against the $8.5 billion deal.

FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It's ‘Pro-Consumer'

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US benchmark equity averages rose on Friday as the market ended a three-day losing streak.  At the time of writing, the Dow Jones Industrial Average was up 0.3%, while S&P 500 rose 0.8% from the previous close.

S&P 500, Nasdaq rise sharply ending 3-day losing streak; Viking Therapeutics surge, while Capri's shares slump

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

Capri Holdings Stock Craters After Judge Blocks Tapestry Merger: What to Know

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.

Coach-Michael Kors Deal Blocked by Judge

FTC sued to block the deal in April, saying it would eliminate "direct head-to-head competition" between the top two US handbag makers.

Michael Kors owner's stock craters after judge blocks $8.5B merger of top US handbag makers

Capri Holdings' stock has plummeted nearly 50% in post-market trading after Tapestry's proposed acquisition with Tapestry was blocked. Capri has struggled for the past 2 years, largely due to management's inability to integrate brands like Versace and Jimmy Choo, in my belief. Despite operational struggles, Capri's high gross margins suggest that the brands are not damaged, and that improved management could lift shareholder value substantially.

A Refocused Capri Holdings Looks Like A Steal Under $25

Capri Holdings (CPRI) shares are plummeting nearly 50% in premarket trading Friday after a federal judge blocked Coach owner Tapestry's (TPR) $8.5 billion acquisition of the Versace and Michael Kors parent.

Versace Parent Capri Stock Tumbles as Judge Blocks Merger With Coach Owner

Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.

Michael Kors Parent Craters On Blocked Merger With Tapestry

Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.

Capri shares tumble 46% after US court blocks $8.5 bln merger with Tapestry

A US judge has temporarily halted an $8.5 billion merger betweenTapestry Inc (NYSE:TPR) and Capri, blocking the combination of major fashion brands such as Michael Kors, Kate Spade, and Coach. Judge Jennifer Rochon's decision, issued on Thursday, pauses the deal while the Federal Trade Commission (FTC) completes its review.

Shares in Michael Kors owner Capri tank after $8.5bn Tapestry deal is blocked

LONDON--(BUSINESS WIRE)--Headline of release should read: Capri Holdings Intends to File Notice of Appeal (instead of Capri Holdings Files Notice of Appeal). The updated release reads: CAPRI HOLDINGS INTENDS TO FILE NOTICE OF APPEAL Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of the merger agreement, it intends to jointly file with Tapestry, Inc. a notice of appeal to the U.S. Court of Appeals for the Second Circuit re.

CORRECTING and REPLACING Capri Holdings Intends to File Notice of Appeal

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of the merger agreement, it intends to jointly file with Tapestry, Inc. a notice of appeal to the U.S. Court of Appeals for the Second Circuit regarding the U.S. District Court for the Southern District of New York's decision to grant the U.S. Federal Trade Commission's motion for a preliminary injunction to block Tapestry, Inc.'s pending acquisition.

Capri Holdings Files Notice of Appeal

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, kate spade new york, and Stuart Weitzman, today issued the following statement in response to the ruling made by the U.S. District Court in the Southern District of New York regarding Tapestry's proposed acquisition of Capri Holdings Limited (NYSE: CPRI): “Today's decision granting the FTC's request for a preliminary injunction is disappointing and, we believe, incorrec.

Tapestry, Inc. Issues Statement on District Court Ruling

A federal judge on Thursday blocked Tapestry Inc.'s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

News for Capri Holdings Ltd Stock (CPRI)