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

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Earnings data Q4 2022

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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 (CPRI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $1.02 per share a year ago.

Capri Holdings (CPRI) Q4 Earnings and Revenues Surpass Estimates

Capri Holdings Ltd.'s stock CPRI jumped 4.4% in premarket trade Wednesday, after the parent of the Michael Kors, Versace and Jimmy Choo brands swung to a loss in the fiscal fourth-quarter but managed to beat consensus estimates and offer upbeat guidance.

Michael Kors parent Capri's stock jumps 4.4% as earnings top consensus estimates despite sales decline

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the fourth quarter and full year fiscal 2023 ended April 1, 2023. Fourth Quarter Fiscal 2023 Highlights Revenue decreased 10.5% on a reported basis and 3.0% on a 52-week constant currency basis Adjusted gross margin expanded 90 basis points versus prior year Adjusted operating margin of 9.1% Adjusted earnings per share of $0.97 John D. Idol, the Company's Chairma.

Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2023 Results

Capri Holdings' (CPRI) Q4 results might have been hurt by softness in China, rising operating expenses and foreign exchange headwinds. Strength in retail and e-commerce businesses might have been a tailwind.

What to Note Ahead of Capri Holdings (CPRI) in Q4 Earnings

Luxury remains strong as confirmed by blowout reports from European luxury companies. While the US is growing at a slower rate, this is more than offset by strength in other markets. China's reopening rebound post-COVID lockdowns might be slower in aggregate than some expected, but it will also endure longer after 3 years of depressed Chinese consumption.

Capri Holdings And PVH - Buy Now Before Earnings Next Week

Capri Holdings is a luxury fashion company comprising three brands; Versace, Jimmy Choo, and Michael Kors. CPRI capitalizes on the strength of its brands to drive its performance and achieve its set targets.

Capri Holdings: Making Headway Towards Future Set Targets

Capri Holdings is set to announce its earnings on May 31, 2023. The company's stock has declined by 40% since its Q3 earnings release due to weak Q4 guidance.

Capri: Potential Growth From Gen Z And Affordable Fashion

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its fourth quarter and fiscal year 2023 financial results on Wednesday, May 31, 2023, 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) 704-4453 or (201) 389-0920 for international callers, conference ID 13736113. A live webcast of the.

Capri Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2023 Financial Results

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Strong Mid-Cap Insider Buys: Q1 2023

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Mahesh Madhavan will be appointed to the Board of Directors effective March 30, 2023. Mr. Madhavan will join the company's Compensation and Talent Committee as well as the Governance, Nominating and Corporate Social Responsibility Committee. As of the date of Mr. Madhavan's appointment, the Capri Holdings Board will again be comprised of eight directors. Mr.

Capri Holdings Appoints Mahesh Madhavan to Board of Directors

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Macy's said last week on their earnings call that their luxury business is very strong. This has been expressed by companies domestically and in Europe. Moncler also reported last week saying European business accelerated. This is 30% of CPRI's and 70% of PVH's business. But beyond Europe, luxury competitors LVMH and Kering hit new highs daily.

Capri Holdings: Time To Load Up On This Cheap Luxury Brand Stock

London-based luxury fashion brand retailer Capri Holdings Limited (NASDAQ: CPRI) stock plunged 20% on its fiscal Q3 2023 earnings release. Sales for ultra-premium brands like Versace and Michael Choo were hit less than lower premium brand Michael Kors.

Is There a Silver Lining to Capri Holdings Earnings Sell-Off?

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Capri Holdings Limited (NYSE:CPRI ) Q3 2023 Results Conference Call February 8, 2023 8:30 AM ET Company Participants Jennifer Davis - Vice President of Investor Relations John Idol - Chairman and Chief Executive Officer Tom Edwards - Chief Financial and Chief Operating Officer Conference Call Participants Matthew Boss - JPMorgan Warren Cheng - Evercore ISI Ike Boruchow - Wells Fargo Alex Straton - Morgan Stanley Brooke Roach - Goldman Sachs Paul Lejuez - Citigroup Simeon Siegel - BMO Capital Markets Operator Greetings. Welcome to Capri Holdings Limited Third Quarter 2023 Earnings Conference Call.

Capri Holdings Limited (CPRI) Q3 2023 Earnings Call Transcript

Retail staple and Michael Kors owner Capri Holdings Ltd (NYSE:CPRI) missed fiscal third-quarter top- and bottom-line expectations, sending the shares 26.7% lower this afternoon to trade at $48.59, on track for its worst single-session loss since March 2020.

Options Traders Blitz Retail Stock After Earnings

Capri Holdings' (CPRI) third-quarter results reflect revenue declines across all three brands. The company trims the fiscal 2023 sales and earnings view.

Capri Holdings (CPRI) Q3 Earnings Miss, Revenues Decline Y/Y

The company's profits weren't as good as expected.

Why Capri Holdings Stock Dropped Like a Rock Today

Michael Kors owner Capri Holdings Ltd on Wednesday cut its annual profit forecast and provided a dour outlook for 2024, blaming a slowdown in demand from department stores for its luxury handbags and apparel and sending its shares tumbling 24%.

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 24%

Revenue fell across the company's luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.

Michael Kors-owner Capri shares plunge after revenue falls across the retailer's luxury brands

News for Capri Holdings Ltd Stock (CPRI)