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2023-08-10 10:01:48 ET The stock market got off to a strong start Thursday morning, as major stock market benchmarks climbed as much as 1% at the open. Investors were generally pleased as year-over-year consumer inflation levels continued to move lower, reaching just 3.2% as of the latest r...
2023-08-10 08:19:35 ET Ralph Lauren Corporation ( NYSE: RL ) traded lower early on Thursday after topping revenue and EPS expectations with its FQ1 report, but falling short of the consensus mark for comparable sales after stripping out FX swings. The apparel giant said Nort...
2023-08-10 07:02:07 ET Tapestry ( NYSE: TPR ) announced that it struck a deal to acquire Capri Holdings Limited ( NYSE: CPRI ) for $57.00 per share in cash. The deal will have a total enterprise value of approximately $8.5B. The acquisition is noted to bring to...
2023-08-10 05:20:44 ET Stock futures rose in premarket trading on Thursday, as market players await the release of the Consumer Price Index, which could influence the Federal Reserve's next rate move. Here are some of Thursday's biggest stock movers in premarket trading: Biggest sto...
2023-08-09 22:29:23 ET Tapestry Inc. ( NYSE: TPR ), owner of the Coach brand, is in talks to purchase Capri Holdings ( NYSE: CPRI ), known for brands such as Michael Kors, Jimmy Choo and Versace. A deal, which has been under disdussions for months, could be annou...
2023-08-09 11:41:01 ET Capri ( NYSE: CPRI ) is scheduled to announce Q2 earnings results on Thursday, August 10th, before market open. The consensus EPS Estimate is $0.71 (-60.3% Y/Y) and the consensus Revenue Estimate is $1.2B (-14.9% Y/Y). Over the last 2 years, CPRI...
2023-08-07 12:33:02 ET Capri ( NYSE: CPRI ) is scheduled to announce Q1 earnings results on Tuesday, August 8th, before market open. The consensus EPS Estimate is $0.71 (-52.7% Y/Y) and the consensus Revenue Estimate is $1.2B (-11.8% Y/Y). Over the last 2 years, CPRI ...
Capri Holdings Limited (NYSE: CPRI) today announced that it is rescheduling its first quarter fiscal 2024 earnings release and conference call that were previously scheduled for Tuesday, August 8, 2023. The Company now plans to report its financial results on Thursday, August 10, 2023, at approxi...
2023-08-04 03:32:14 ET Summary Tapestry is positioned well in the fashion industry due to its strong brands Coach and Kate Spade, with Coach showing signs of improved growth. Margins have remained stable, but improvement in the performance of Kate Spade could lead to an overall im...
2023-08-01 22:12:16 ET Summary Capri's share price has underperformed due to weak financial results and a lack of commercial development. The company owns three valuable brands but has faced increased competition and a changing market, with a mediocre response. The business ha...
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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...