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

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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) first-quarter fiscal 2024 results reflect a 9.6% decrease in total revenues owing to lackluster performance from its Versace and Michael Kors brands.

Capri (CPRI) Tops Q1 Earnings, Withdraws Guidance on Merger Deal

Mastercard

TC Energy

Visa

China's decision to lift a ban on group tours traveling to the U.S., Japan, South Korea and parts of Europe is great news for luxury stocks.

China Lifted a Ban on Group Travel. These Stocks are Set to Benefit.

Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Capri Holdings (CPRI) Reports Q1 Earnings: What Key Metrics Have to Say

Capri Holdings (CPRI) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $1.50 per share a year ago.

Capri Holdings (CPRI) Q1 Earnings and Revenues Beat 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 2024 ended July 1, 2023. First Quarter Fiscal 2024 Highlights Revenue decreased 9.6% on a reported basis and 9.3% in constant currency Adjusted operating margin of 9.0% Adjusted earnings per share of $0.74 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "As announced earlier today, the planned acquisition of Cap.

Capri Holdings Limited Announces First Quarter Fiscal 2024 Results

Tapestry

Moody's Investors Service placed Tapestry Inc.'s Baa2 rating on review for a possible downgrade on Thursday, after the company said it's buying Capri, the parent of Michael Kors, for about $8.5 billion in a deal that will be mostly funded with debt. the move “reflects governance considerations, including the significant increase in debt with the Capri acquisition and Tapestry's new leverage target, which will drive a sustained increase relative to the company's typical under 1x net debt/EBITDA,” Moody's said in a statement.

Moody's puts Tapestry's rating on review for a possible downgrade after $8.5 billion Capri deal

Coach parent Tapestry will acquire Capri Holdings for $8.5 billion in cash to create a U.S. fashion house that can compete with larger contemporaries in Europe.

Coach owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B

Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.

Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion

Tapestry's $8.5 billion acquisition of Capri won't solve all of the U.S. luxury company's problems.

Coach Owner Takes on European Luxury Giants

Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger European rivals for a bigger share of the global luxury market. U.S. luxury firms have consistently lagged their European peers in scale, limiting their ability to compete better.

Coach owner's Michael Kors deal creates US giant to take on European luxury rivals

Coach owner Tapestry is acquiring the Versace owner for $8.5 billion, or $57 per share, in an all-cash deal. The growing luxury goods market is getting more competitive.

Why Capri Holdings Stock Jumped Today

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Capri Holdings Limited (NYSE: CPRI) to Tapestry, Inc. for $57.00 per share in cash is fair to Capri shareholders. Halper Sadeh encourages Capri shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Capri and its boar.

CPRI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Capri Holdings Limited Is Fair to Shareholders

AppLovin Corp

Markets jumped on benign inflation data. Capri got a buyout bid from industry peer Tapestry.

These 2 Stocks Were in Style and Got All the Love Early Thursday

This new mega fashion company still owns dozens of fewer brands than LVMH. NEW YORK (AP) — Tapestry, the parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings.

Big fashion is getting bigger. Parent of Coach will buy Versace owner Capri in $8.5 billion deal

Deal brings brands Kate Spade, Stuart Weitzman, Jimmy Choo and Versace all under one roof

Coach parent Tapestry to buy Michael Kors owner in $8.5bn deal

Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo and Michael Kors will now all be owned by fashion conglomerate Tapestry.

Coach And Michael Kors Owners Merge In $8.5 Billion Deal To Create New U.S. Luxury Fashion Empire

Coach parent Tapestry is buying Michael Kors, Versace owner Capri Holdings for $8.5 billion. CPRI stock soars 58%, TPR stock retreats.

Michael Kors Parent Spikes 58%. But Are Versace, Jimmy Choo Worth $8.5 Billion?

Michael Kors and Kate Spade are about to become siblings.

Coach and Versace's parent companies are combining in an $8.5 billion deal

An $8.5bn deal is bringing the Jimmy Choo and Kate Spade brands under one roof. Tapestry Inc (NYSE:TPR), the parent company of Kate Spade and Coach, has announced its intention to acquire Capri Holdings.

Tapestry's $8.5bn Capri deal places Jimmy Choo and Kate Spade under the same roof

Capri (NYSE: CPRI ) stock is rocketing higher on Thursday following reports that Tapestry (NYSE: TPR ) may be planning to acquire the luxury goods company. According to these reports, insiders close to the deal claim it could be announced as early as today.

Why Is Capri (CPRI) Stock Up 58% Today?

Tapestry, the fashion house behind Coach and Kate Spade, announced plans to acquire Michael Kors' parent company Capri Holdings in a $8.5 billion deal.

Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion

The theory is that more brands makes a company more efficient, powerful and profitable. But it doesn't always work out that way and history offers some cautionary tales.

Coach Owner's Takeover Of Michael Kors And Versace Won't Create Another LVMH Or Kering

Fashion company Tapestry Inc. TPR, -0.87%, parent to Coach and Kate Space, said Thursday it has reached an agreement to acquire Capri Holdings Ltd. CPRI, -1.70%, the parent company of Michael Kors, Jimmy Choo and Versace, in an all-cash deal valued at $8.5 billion.

Coach parent Tapestry to acquire Michael Kors parent Capri in cash deal valued at $8.5 billion

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group consisting of Versace, Jimmy Choo, and Michael Kors, today announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction Capri Holdings shareholders will receive $57.00 per share in ca.

Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

Disney

Walt Disney Co. shares DIS, -0.73% rose 2% after the media giant reported a mixed third-quarter and said it will raise prices on almost all of its streaming packages in an aggressive push to boost profit.

News for Capri Holdings Ltd Stock (CPRI)