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.
CPRI's sale of Versace marks a strategic shift toward core brand growth and enhanced financial strength.
Fashion conglomerate Capri Holdings (CPRI) has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion, a deal that had been anticipated but reportedly had been at risk of collapsing because of market turmoil in the wake of President Donald Trump's tariffs.
Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, has seen its stock price in the dumps. Revenue declines, and poor profitability for Versace and Jimmy Choo, suggest that Capri's North American management have been unable to successfully fold these international brands into the main Kors business. CPRI stock recently tumbled as much as -40% on U.S. import tariff fears, and indeed the Michael Kors segment is highly exposed to tariffs.
Macy's hired Thomas Edwards to be its next CFO and COO, roles he has held at Versace owner Capri Holdings for eight years.
Capri Holdings's finance chief Thomas Edwards will leave the company to join department store chain Macy's as its chief financial officer.
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Gap (GAP) and Capri Holdings (CPRI). But which of these two stocks is more attractive to value investors?
Capri Holdings (CPRI) reported earnings 30 days ago. What's next for the stock?
Versace would return to Italian ownership after it was acquired by Michael Kors in 2018.
Examine the evolution of Capri Holdings' (CPRI) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
CPRI reports fiscal third-quarter results, with revenues and earnings declining Y/Y due to weaker global demand for luxury fashion. Also, gross margin contracted Y/Y.
Capri Holdings Limited (NYSE:CPRI ) Q3 2025 Earnings Call February 5, 2025 8:30 AM ET Company Participants Jennifer Davis - VP, IR John D. Idol - Chairman and CEO Thomas J.