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The apparel business is one that is wrought with difficulties. Not only are the companies required to constantly adjust to the fickle consumers' clothing preferences, but they are also have to efficiently manage the inventories of these shifting options.
BMRC, CPRI and CMAX have been added to the Zacks Rank #5 (Strong Sell) List on April 1, 2023.
ASLE, CPRI and CMAX have been added to the Zacks Rank #5 (Strong Sell) List on March 28, 2023.
While the Houthi attacks on cargo ships in the Red Sea have impacted global supply chains, U.S. retailers are better positioned to deal with the disruption than their European counterparts, according to Moody's Investors Service.
Capri Holdings (CPRI) continued to face challenges in the wholesale channel, while the retail outlets performed better in the third quarter of 2024.
Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Capri Holdings (CPRI) came out with quarterly earnings of $1.20 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.84 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Capri Holdings (CPRI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
Capri Holdings (CPRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are handled, according to the National Retail Federation.