7 stories mentioning CPRIUpdated 14d ago
Every FINWIRES story that references CPRI, newest first.
Stephen F Reitman, Director, on June 08, 2026, sold 17,981 ordinary shares in Capri Holdings (CPRI) for $349,166.SEC Filing:https://www.sec.gov/Archives/edgar/data/1530721/000095014226001668/xslF345X05/es260791366_4-reitman.xml
Krista A McDonough, Chief Legal & Sustainability Officer, on May 29, 2026, sold 92,236 shares in Capri Holdings (CPRI) for $1,706,919.SEC Filing:https://www.sec.gov/Archives/edgar/data/1530721/000095014226001592/xslF345X05/es260787928_4-mcdonough.xml
Capri Holdings (CPRI), working to regain momentum across its brands, faces several risks to its fiscal 2027 outlook, including tariff uncertainty and a challenging macro and competitive backdrop, UBS Securities said Wednesday in a report.Tariffs remain a key swing factor for gross margins, with the outlook assuming a 10% rate on US imports for the full year and a $25 million tariff-refund benefit flowing through cost of goods sold H1, UBS said.Capri is expected to lean heavily on fiscal H2, creating heightened delivery risk, while ongoing macro pressure and competitive dynamics may slow the company's fundamental recovery, the report said.The company expects $75 million of pressure on Michael Kors' H1 sales from its quality-of-sales actions, including reduced promotions, lower third-party and off-price sales, and continued store closures, the report said.UBS raised its fiscal 2027 EPS estimate to $2.15, driven largely by higher gross-margin expectations tied to the tariff refund. Beyond fiscal 2027, the firm models low single-digit revenue growth and about 50 basis points of operating-margin contraction, resulting in EPS of $1.95 in fiscal 2028 and $1.90 in fiscal 2029.UBS lowered its price target on Capri stock to $20 from $22 and maintained its neutral rating.Price: $20.08, Change: $+1.81, Percent Change: +9.88%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month price target by $1 to $27, based on 12x our FY 27 EPS estimate and below the company's three-year average forward P/E multiple of 12.5x, reflecting our view that shares are undervalued and do not need to see multiple expansion to appreciate significantly. We believe the earnings rebound for Capri will be substantial after the company cleaned up its balance sheet and returns its focus to improving profitability at its largest brand, Michael Kors. We raise our FY 27 EPS estimate by $0.50 to $2.25 and initiate our FY 28 EPS estimate at $2.75. CPRI posted a mixed FQ4 but guided for EPS well above consensus ($2.15). Our opinion is that the earnings story should rebound rapidly to above $3 a share in the next three years and potentially sooner as inventory improves and the company turns its focus to efficient operations. In FQ4, Michael Kors revenue declined 5.5% while Jimmy Choo increased 5.3%. CPRI sees a small increase in revenues at both Michael Kors and Jimmy Choo in FY 27.
Capri Holdings (CPRI) has an average rating of overweight and mean price target of $24.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $18.87, Change: $+0.59, Percent Change: +3.26%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CPRI returned to profitability in Q4 FY 26 (Mar.) with adjusted EPS of $0.22 versus $(4.55) the prior year, $0.10 above consensus, though results were aided by a $65M IEEPA tariff refund. Revenue declined to $796M (-3.7% reported, -7.0% constant currency) and $4M below estimates as Michael Kors fell 5.5% while Jimmy Choo rose 5.3%. The company's financial position improved following the December 2025 completion of the Versace divestiture, with net debt declining from $1.4B to $222M and $79M in Q4 share repurchases. Management provided optimistic FY 27 guidance expecting low single-digit revenue growth to ~$3.525B and 40% EPS growth to $2.15. We believe CPRI is in the early innings of a multi-year turnaround with the balance sheet transformation removing a key overhang and providing flexibility for buybacks providing a floor on shares. We like the risk-reward here and believe Michael Kors can return to a $4B brand over the long term despite continued underlying business challenges.
US equity futures were trending higher on Wednesday amid tech-driven momentum from the previous trading session, while investors continue to monitor ongoing uncertainty in the Middle East.The S&P 500 rose 0.3%, the Dow Jones Industrial Average gained 0.5% and the Nasdaq added 0.4% in premarket activity. The Nasdaq and the S&P 500 finished Tuesday trading at new record peaks, while the Dow closed lower.Shares of Micron Technology (MU) advanced 5.7% pre-bell after finishing the prior session up 19%. The semiconductor manufacturer's market capitalization crossed the $1 trillion mark for the first time on Tuesday, with UBS Securities increasing its price target on the company's stock.Marvell (MRVL) rose 6% before the bell, while Seagate (STX) and Western Digital (WDC) gained 3.6% and 3.3%, respectively.Investors are also keeping an eye out for any updates on peace talks between the US and Iran. Tehran's Islamic Revolutionary Guard Corps reportedly said Tuesday that Iran has a "legitimate" right to respond to any violation of a ceasefire by the US.Earlier in the week, the US military targeted Iranian missile launch sites and boats around the crucial Strait of Hormuz, in what it described as "self-defense strikes," according to multiple media outlets. President Donald Trump said Monday that negotiations with Iran were "proceeding nicely.""While an extended conflict with Iran remains the largest risk to continued market gains, in our view, markets are positioned for more progress on peace talks and the Strait of Hormuz reopening," D.A. Davidson said in a report Tuesday.West Texas Intermediate crude oil declined 4% to $90.12 a barrel before the opening bell, while Brent fell 3.2% to $96.43.Treasury yields were down in premarket action, with the two-year rate retreating 2.9 basis points to 4.02% and the 10-year rate off 2.6 basis points to 4.47%.US consumer confidence fell in May amid mounting inflation concerns as the Middle East conflict has stretched for about three months now, a survey by the Conference Board showed Tuesday.Wednesday's economic calendar has the weekly mortgage applications bulletin at 7 am ET, followed by the Federal Reserve Bank of Richmond's manufacturing index for May at 10 am. The Atlanta Fed's survey of business uncertainty for this month is out at 11 am.Federal Reserve Governor Lisa Cook is scheduled to speak at 3:55 pm, while Fed Vice Chair Philip Jefferson speaks later at 8 pm.PDD (PDD), Dick's Sporting Goods (DKS), Dycom Industries (DY), Bath & Body Works (BBWI), Abercrombie & Fitch (ANF), Manchester United (MANU) and Capri (CPRI) report their latest financial results before the bell, among others. Marvell, Salesforce (CRM), Synopsys (SNPS), Snowflake (SNOW) and HP (HPQ) post their earnings after the markets close.Gold edged down 0.4% to $4,484 per troy ounce, while bitcoin was up slightly at $75,878.
