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Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shares in Capri Holdings (CPRI), which last month struck a deal to sell its Versace luxury brand, are dropping in premarket trading Wednesday after the fashion conglomerate posted a larger-than-expected quarterly loss amid the trade war and lowered its full-year outlook.
Capri Holdings (CPRI) came out with a quarterly loss of $4.90 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to earnings of $0.42 per share a year ago.
The luxury retailer downgraded its revenue forecast for fiscal 2026, warning that tariff-related uncertainty and currency headwinds were likely to weigh on demand.
Michael Kors-owner Capri Holdings cut its revenue forecast for 2026 on Wednesday signaling that tariff-related uncertainty was weighing on an already fragile demand for its leather handbags and accessories in North America and Asia.
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 2025 ended March 29, 2025. Fourth Quarter Fiscal 2025 Highlights Revenue decreased 15.4% on a reported basis and 14.1% in constant currency Operating margin of (11.2)%; adjusted operating margin of (3.2)% Loss per share of $(5.44); adjusted loss per share of $(4.90) primarily due to a non-cash tax valuation allowance charge.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Capri Holdings (CPRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
Oliver Chen, TD Cowen senior equity research analyst, joins 'The Exchange' to discuss what Kering's earnings are saying about the broader luxury retail space.
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Capri Holdings Ltd CPRI and lowered the price forecast from $23.00 to $17.
CPRI's sale of Versace marks a strategic shift toward core brand growth and enhanced financial strength.