CPRI Stock Recent News

Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended March 2024, 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 $0.42 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.97 per share a year ago.

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 2024 ended March 30, 2024. Fourth Quarter Fiscal 2024 Highlights Revenue decreased 8.4% on a reported basis and 7.9% in constant currency Adjusted operating margin of 6.4% Adjusted earnings per share of $0.42 John D. Idol, the Company's Chairman and Chief Executive Officer said, "Overall, we were disappointed with our resul.

Get a deeper insight into the potential performance of Capri Holdings (CPRI) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

CPRI is a growth story gone sour, but renewed growth avenues are positioning the stock favorably. Current valuation hedges the downside of a no-merger scenario, leading to an attractive risk-reward opportunity. Risks in Asia-focused strategy are present, but management has showcased hints of execution success so far.

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its fourth quarter and fiscal year 2024 financial results on Wednesday, May 29, 2024, after the market closes via press release. Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to hold conference calls to review its financial results going forward. About Capri Holdings Limited Capri Holdings is a global fashion luxury group consisting of ico.

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.