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

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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.

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All eyes in the luxury market are fixed on the slowdown in China. With the notable exception of Hermès, most luxury brands are reporting declining sales there.

U.S. Luxury Market Slows. LVMH, Tapestry, Capri And Ralph Lauren Feel It.

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Retail sector earnings season is about more than the statistics and metrics of your favorite retail brand. It's a window into the evolving dynamics of consumer behavior and the economic forces shaping multiple industries.

Retail Earnings: Value, Caution, and Luxury in a Shifting Market

Examine the evolution of Capri Holdings' (CPRI) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

Interpreting Capri Holdings (CPRI) International Revenue Trends

Capri Holdings' (CPRI) first-quarter fiscal 2025 results reflect the impact of sluggish global demand for luxury fashion goods. Sales decrease for Versace, Jimmy Choo and Michael Kors.

Capri Holdings (CPRI) Q1 Earnings & Revenues Miss on Soft Demand

While the top- and bottom-line numbers for Capri Holdings (CPRI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Capri Holdings (CPRI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.74 per share a year ago.

Capri Holdings (CPRI) Q1 Earnings and Revenues Lag Estimates

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the first quarter of Fiscal 2025 ended June 29, 2024. First Quarter Fiscal 2025 Highlights Revenue decreased 13.2% on a reported basis and 12.1% in constant currency Adjusted operating margin of 1.5% Adjusted earnings per share of $0.04 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall, we were disappointed with our first quarter re.

Capri Holdings Limited Announces First Quarter Fiscal 2025 Results

Besides Wall Street's top -and-bottom-line estimates for Capri Holdings (CPRI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Wall Street's Insights Into Key Metrics Ahead of Capri Holdings (CPRI) Q1 Earnings

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2025 financial results on Thursday, August 8, 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 iconic, foun.

Capri Holdings Limited Announces Reporting Date For First Quarter Fiscal 2025 Financial Results

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Capri Holdings represents a great investment at $33.55 per share. Tapestry offered to acquire Capri for $57 per share, a 70% premium. The FTC's case against the merger is weak, in my view, and Capri's brands could be sold for billions even if the deal falls through.

Capri Holdings Is An Attractive Investment

Evaluate Capri Holdings' (CPRI) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Understanding Capri Holdings (CPRI) Reliance on International Revenue

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Capri Holdings (CPRI) Q4 results showcase sequential sales improvement in the retail channel, whereas sales from wholesale channel remains challenged.

Capri Holdings (CPRI) Q4 Earnings Lag Estimates, Sales Dip Y/Y

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) Reports Q4 Earnings: What Key Metrics Have to Say

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.

Capri Holdings (CPRI) Q4 Earnings and Revenues Lag Estimates

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.

Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2024 Results

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.

What Analyst Projections for Key Metrics Reveal About Capri Holdings (CPRI) Q4 Earnings

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.

Capri's No Merger Scenario Derisked As Market Undervalues Its Strategic Shift

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.

Capri Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2024 Financial Results

Tapestry Inc (NYSE:TPR) beat quarterly earnings estimates but revenues were lower than forecast and the owner of Kate Spade and Coach fashion brands lowered its sales outlook for the rest of the year.  In what was the group's fiscal third quarter, total revenue of $1.48 billion was down 2% on the prior year, although flat if excluding currency effects, both at the low-end of previous guidance.

Coach owner Tapestry cuts sales guidance, says remains confident about Capri deal

Tapestry has fired back at the Federal Trade Commission's move to block its $8.5 billion acquisition of Capri Holdings. In a filing in the U.S. Southern District Court of New York, Tapestry and Capri demand the FTC define the parameters of the “accessible luxury handbag” market, something it has failed to do, but that the law demands.

‘Accessible Luxury' On Trial As FTC Moves To Block Tapestry From Acquiring Capri

When the Federal Trade Commission on Monday sued to block Tapestry Inc.'s acquisition of Capri Holdings, the agency said it was trying to keep handbags made by brands like Coach, Kate Spade and Michael Kors affordable to middle-income shoppers.

The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives' could complicate its case.

The planned merger of fashion groups Tapestry Inc (NYSE:TPR), which owns Kate Spade and Coach, and Capri Holdings, which owns Michael Kors, Versace and Jimmy Choo, has been blocked by the US antitrust watchdog.  Tapestry's $8.5 billion deal to buy Capri, agreed last August, was blocked by the Federal Trade Commission as it said the Coach, Kate Spade and Michael Kors brands are close competitors.

Tapestry takeover of Michael Kors owner Capri blocked by US FTC

Tapestry had offered to buy Capri in August, hoping to create a US fashion behemoth that could effectively battle bigger European rivals such as Louis Vuitton parent LVMH.

News for Capri Holdings Ltd Stock (CPRI)