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2023-05-25 17:31:08 ET Summary Capri Holdings is a fashion company that owns brands Michael Kors, Versace, and Jimmy Choo. Michael Kors, its main brand, is in the later stages of brand recovery by increasing quality, marketing spend, reducing store footprints, and subsequently inc...
2023-05-25 09:00:00 ET Summary Luxury remains strong as confirmed by blowout reports from European luxury companies. While the US is growing at a slower rate, this is more than offset by strength in other markets. China's reopening rebound post-COVID lockdowns might be slower in a...
2023-05-19 05:56:26 ET Summary Capri Holdings is a luxury fashion company comprising three brands; Versace, Jimmy Choo, and Michael Kors. CPRI capitalizes on the strength of its brands to drive its performance and achieve its set targets. The Asian market provides a significan...
2023-05-18 09:19:54 ET Summary Capri Holdings is set to announce its earnings on May 31, 2023. The company's stock has declined by 40% since its Q3 earnings release due to weak Q4 guidance. Persistent inflation and macroeconomic headwinds can potentially affect the company's c...
Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its fourth quarter and fiscal year 2023 financial results on Wednesday, May 31, 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...
2023-05-02 11:01:31 ET Barclays warned on Tuesday that a product recession could take a deep toll on parts of the retail sector. Analyst Adrienne Yih and team see building risk to a second-half demand recovery. "For retail specifically, many have guided 1H23 to be weak, with even negati...
2023-04-25 17:28:47 ET Summary RL's strong Q3 results demonstrate the company's ability to execute and adapt to changing market conditions. While RL has a decent balance sheet and has generated a reasonable return on equity over the last decade, its revenue and free cash flow have...
2023-04-25 08:31:41 ET Capri Holdings ( NYSE: CPRI ) stock slid in premarket action on Tuesday as Jefferies took its rating on the stock to Hold from a prior Buy. Equity analyst Ashley Helgans reined in her rating due to “pressure on the accessible luxury consumer...
2023-04-20 08:54:50 ET Raymond James expects Capri Holdings ( NYSE: CPRI ) to exceed earnings expectations in May, which it anticipates will spark a rally. “We upgrade CPRI to Strong Buy from Outperform. After disappointing during F3Q results and significantly low...
2023-04-13 15:39:47 ET Summary Today, we provide you the first quarter update in our recurring series based on firms that have enjoyed unusual insider interest during the first quarter of the year. We stand behind our belief that insiders supply the market with high-quality invest...
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Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2025 financial results on Thursday, August 8, 2024, after the market closes via press release. Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not inten...
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...