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.

First Financial Northwest

Marriott Vacations Worldwide

CPRI, FFNW and VAC have been added to the Zacks Rank #5 (Strong Sell) List on March 16, 2023.

New Strong Sell Stocks for March 16th

Macy's said last week on their earnings call that their luxury business is very strong. This has been expressed by companies domestically and in Europe. Moncler also reported last week saying European business accelerated. This is 30% of CPRI's and 70% of PVH's business. But beyond Europe, luxury competitors LVMH and Kering hit new highs daily.

Capri Holdings: Time To Load Up On This Cheap Luxury Brand Stock

London-based luxury fashion brand retailer Capri Holdings Limited (NASDAQ: CPRI) stock plunged 20% on its fiscal Q3 2023 earnings release. Sales for ultra-premium brands like Versace and Michael Choo were hit less than lower premium brand Michael Kors.

Is There a Silver Lining to Capri Holdings Earnings Sell-Off?

Chipotle

ON Semiconductor

Monolithic Power Systems

Onto Innovation

US stocks closed mixed on Friday, with the Dow Jones gaining around 170 points during the session.

ON Semiconductor Gets PT Boost — 5 Stock Picks From Benzinga's Most Accurate Analysts

Fossil Group

Movado Group

Signet Jewelers

Tapestry

Investors may be interested in companies that profit from Cupid's bow and arrows as lovebirds around the world prepare to celebrate Valentine's Day next week.

5 Luxury Stocks Gurus Love

A weak earnings report led the luxury stock lower.

Why Capri Holding Stock Tumbled This Week

Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri's disappointing third quarter earnings.

Luxury brands diverge: Tapestry stock rises while Capri slides after earnings

Lumen Technologies

Stock markets had a tough time, giving back some of their gains from earlier in the week.

Wall Street Took These 2 Stocks to the Woodshed Wednesday

Capri Holdings Limited (NYSE:CPRI ) Q3 2023 Results Conference Call February 8, 2023 8:30 AM ET Company Participants Jennifer Davis - Vice President of Investor Relations John Idol - Chairman and Chief Executive Officer Tom Edwards - Chief Financial and Chief Operating Officer Conference Call Participants Matthew Boss - JPMorgan Warren Cheng - Evercore ISI Ike Boruchow - Wells Fargo Alex Straton - Morgan Stanley Brooke Roach - Goldman Sachs Paul Lejuez - Citigroup Simeon Siegel - BMO Capital Markets Operator Greetings. Welcome to Capri Holdings Limited Third Quarter 2023 Earnings Conference Call.

Capri Holdings Limited (CPRI) Q3 2023 Earnings Call Transcript

Retail staple and Michael Kors owner Capri Holdings Ltd (NYSE:CPRI) missed fiscal third-quarter top- and bottom-line expectations, sending the shares 26.7% lower this afternoon to trade at $48.59, on track for its worst single-session loss since March 2020.

Options Traders Blitz Retail Stock After Earnings

Capri Holdings' (CPRI) third-quarter results reflect revenue declines across all three brands. The company trims the fiscal 2023 sales and earnings view.

Capri Holdings (CPRI) Q3 Earnings Miss, Revenues Decline Y/Y

The company's profits weren't as good as expected.

Why Capri Holdings Stock Dropped Like a Rock Today

Michael Kors owner Capri Holdings Ltd on Wednesday cut its annual profit forecast and provided a dour outlook for 2024, blaming a slowdown in demand from department stores for its luxury handbags and apparel and sending its shares tumbling 24%.

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 24%

Revenue fell across the company's luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.

Michael Kors-owner Capri shares plunge after revenue falls across the retailer's luxury brands

Capri Holdings Ltd. stock CPRI, +0.38% slid 19% in premarket trade Wednesday, after the parent of Michael Kors, Jimmy Choo and Versace.

Michael Kors parent Capri stock slides 19% premarket after earnings miss and soft guidance

The fashion group, which also owns Jimmy Choo and Michael Kors, posted guidance that missed expectations.

Versace Owner Capri Holdings Sinks After Disappointing Earnings

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2023 ended December 31, 2022. Third Quarter Fiscal 2023 Highlights Revenue decreased 6.0% on a reported basis and 0.5% in constant currency Adjusted operating margin of 16.9% Adjusted earnings per share of $1.84 John D.

Capri Holdings Limited Announces Third Quarter Fiscal 2023 Results

Capri Holdings (CPRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Capri Holdings (CPRI) Beat Estimates Again in Its Next Earnings Report?

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.

Capri Holdings (CPRI) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Capri Holdings (CPRI) Stock?

U.S. luxury group Capri Holdings Ltd on Monday named company veteran Cedric Wilmotte as the chief executive officer of its Michael Kors brand.

Capri names insider Cedric Wilmotte as CEO of Michael Kors

LONDON--( BUSINESS WIRE )--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023.

Capri Holdings Appoints Cedric Wilmotte CEO of Michael Kors

Capri operates in a large and growing personal luxury market that is relatively resilient to adverse macro headwinds. The company may become a beneficiary of industry consolidation.

Capri Holdings: The Discount Is Not Justified

Arhaus

BuildABear

Casey's General Stores

E-commerce has been driving retail sales, which also played a key role during the holiday season. This has been helping stocks like Casey's General Stores, Inc. (CASY), Arhaus, Inc. (ARHS), Capri Holdings Limited (CPRI) and Build-A-Bear Workshop (BBW).

4 Solid Stocks to Buy on Surging E-Commerce Sales

American Eagle Outfitters

Citi Trends

Urban Outfitters

Capri Holdings (CPRI), American Eagle (AEO), Urban Outfitters (URBN) and Citi Trends (CTRN) have been focusing on superior product strategy, advancement of omni-channel capabilities and prudent capital investments.

News for Capri Holdings Ltd Stock (CPRI)