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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. This press release features multimedia. View the full release here: https://www.businesswi...
Summary 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. Strategic brand development plans include both expanding its physical footprint and increasin...
Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2023 financial results on Wednesday, February 8, 2023, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET...
Summary David Einhorn's 13F stock portfolio value increased from $1.29B to $1.41B this quarter. Greenlight increased Kyndryl Holdings, LivaNova PLC, and Southwestern Energy while dropping Chemours, International Seaways, and Warner Bros. Discovery. The largest three positions are at...
Wells Fargo dampened hopes of a late surge in last-minute Christmas shopping after channel checks suggested deceleration from Black Friday. A team of analysts led by Ike Boruchow published research on Wednesday that showed that consumers were not eager to chase last minute bargains de...
Shares of luxury goods company Capri Holdings (NYSE: CPRI) are bucking the broader market trend and have raced to a 31% gain over the past quarter. Capri is the parent company of a trio of luxury brands: Versace, Jimmy Choo, and Michael Kors. The company reported strong second-quarter...
Discloses Continued Progress Toward Ambitious Goals to Foster More Resilient Environment, Promote Diversity and Inclusion and Give Back to Those in Need Aligns Direct Emissions Reduction Target with 1.5°C Pathway Capri Holdings Limited (NYSE:CPRI), a global fashion luxury g...
Capri Holdings (NYSE: CPRI) , which owns Versace, Jimmy Choo, and Michael Kors, reported record adjusted earnings per share in the second quarter of its fiscal 2023. That comes after it reported record earnings in the first quarter as well. But there's an underlying current that isn't quite...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that John D. Idol, Chairman and Chief Executive Officer, and Thomas J. Edwards, Executive Vice President, Chief Financial Officer and Chief Operating Officer, will be participating in a fireside chat at t...
Summary Kontoor Brands has experienced a bit of pain recently, especially when it comes to bottom line results. This may discourage some investors, but shares of the business look incredibly cheap at this point in time. Even if financial performance deteriorates, the company s...
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2024-06-20 17:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-30 16:00:06 ET Ashley Helgans from Jefferies issued a price target of $38.00 for CPRI on 2024-05-30 12:16:00. The adjusted price target was set to $38.00. At the time of the announcement, CPRI was trading at $34.245. The overall price target consensus is at $69.5...