Capri (NYSE:CPRI) Announces Quarterly Earnings Results

Capri (NYSE:CPRI) announced its quarterly earnings data on Tuesday. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.78 by $0.03, FiscalAI reports. Capri had a negative net margin of 29.55% and a negative return on equity of 138.53%. During the same quarter in the prior year, the company earned $0.63 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. Capri updated its FY 2026 guidance to 1.300-1.400 EPS.

Capri Stock Performance

Shares of CPRI opened at $23.12 on Tuesday. The company has a 50 day moving average price of $25.19 and a 200-day moving average price of $22.37. The stock has a market capitalization of $2.75 billion, a PE ratio of -2.35, a PEG ratio of 0.44 and a beta of 1.45. Capri has a fifty-two week low of $11.86 and a fifty-two week high of $28.26.

Wall Street Analyst Weigh In

CPRI has been the subject of several analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Capri in a research note on Wednesday, January 21st. The Goldman Sachs Group started coverage on shares of Capri in a report on Thursday, January 8th. They set a “neutral” rating and a $27.00 price objective for the company. BTIG Research reissued a “buy” rating and set a $30.00 target price on shares of Capri in a research note on Friday. Zacks Research lowered Capri from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Raymond James Financial raised shares of Capri from a “market perform” rating to an “outperform” rating and set a $25.00 price objective for the company in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Capri presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Trending Headlines about Capri

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Reported adjusted EPS of $0.81, beating consensus $0.77 — a surprise beat that likely supported the stock rally. Press Release
• Positive Sentiment: Capri raised its annual revenue forecast, citing steady demand across Jimmy Choo and Michael Kors — a top?line improvement that supports growth expectations. Article Title
• Positive Sentiment: BTIG reiterated a Buy rating on CPRI, providing additional analyst support that can bolster investor sentiment. Article Title
• Neutral Sentiment: Capri set FY?2026 EPS guidance of $1.30–$1.40 (consensus ~$1.39) and revenue guidance near $3.5B — broadly in line with expectations but with limited upside vs. consensus. Press Release
• Neutral Sentiment: Recent analyst/valuation pieces are assessing CPRI after recent share volatility — useful for longer?term context but not direct catalysts. Assessing Capri Valuation Earnings Preview
• Negative Sentiment: Third?quarter revenue fell ~4% (5.9% in constant currency) and operating margin remains modest (4.5%; adjusted 7.7%), flagging near?term top?line pressure. Q3 Results
• Negative Sentiment: Company-level profitability metrics remain concerning (reported negative net margin and a negative return on equity), which could weigh on valuation despite the recent beat. Press Release

Insider Transactions at Capri

In other news, CFO Rajal Mehta sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $25.96, for a total value of $259,600.00. Following the completion of the sale, the chief financial officer directly owned 741 shares in the company, valued at $19,236.36. The trade was a 93.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Capri

Large investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in Capri by 70.0% in the first quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock worth $7,514,000 after acquiring an additional 156,757 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in Capri by 48.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock valued at $397,000 after purchasing an additional 6,595 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Capri by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock worth $218,000 after purchasing an additional 1,313 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Capri by 22.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock valued at $15,084,000 after acquiring an additional 139,809 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Capri by 23.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock worth $8,337,000 after acquiring an additional 80,928 shares during the period. 84.34% of the stock is currently owned by institutional investors and hedge funds.

About Capri

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.