Capri (NYSE:CPRI) Issues Q2 2027 Earnings Guidance

Capri (NYSE:CPRI) updated its second quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.200-0.200 for the period, compared to the consensus estimate of 0.450. The company issued revenue guidance of $780.0 million-$780.0 million, compared to the consensus revenue estimate of $857.0 million. Capri also updated its FY 2027 guidance to 2.150-2.150 EPS.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CPRI. Wells Fargo & Company reduced their price objective on shares of Capri from $20.00 to $16.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 15th. Telsey Advisory Group cut their price target on Capri from $23.00 to $21.00 and set a “market perform” rating on the stock in a report on Thursday, May 28th. JPMorgan Chase & Co. reduced their price target on Capri from $29.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday. BTIG Research reaffirmed a “buy” rating and set a $30.00 price objective on shares of Capri in a research report on Thursday, May 28th. Finally, UBS Group dropped their price objective on Capri from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $23.33.

Capri Price Performance

Capri stock traded down $0.53 during midday trading on Wednesday, reaching $15.99. The company had a trading volume of 4,858,578 shares, compared to its average volume of 3,155,284. The firm’s fifty day simple moving average is $18.21 and its 200-day simple moving average is $19.28. The company has a debt-to-equity ratio of 4.08, a current ratio of 1.21 and a quick ratio of 0.60. The company has a market capitalization of $1.84 billion, a P/E ratio of 13.92, a P/E/G ratio of 0.30 and a beta of 1.41. Capri has a 12-month low of $15.19 and a 12-month high of $28.26.

Capri (NYSE:CPRI) last released its earnings results on Wednesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.27. Capri had a net margin of 3.94% and a return on equity of 664.22%. During the same quarter last year, the business earned $0.50 earnings per share. Capri’s revenue was down 3.5% compared to the same quarter last year. Capri has set its Q2 2027 guidance at 0.200-0.200 EPS and its FY 2027 guidance at 2.150-2.150 EPS. As a group, equities analysts anticipate that Capri will post 2.06 EPS for the current year.

Insider Transactions at Capri

In other Capri news, Director Stephen F. Reitman sold 17,981 shares of Capri stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $19.42, for a total value of $349,191.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.60% of the company’s stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri reported fiscal Q1 2027 earnings of $0.67 per share, well above the $0.40 analyst consensus and up from $0.50 a year earlier. Revenue also exceeded expectations, providing a near-term earnings positive. Capri Holdings Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: JPMorgan maintained an Overweight rating, although it lowered its price target from $29 to $22. The revised target still implied substantial upside based on the reported share price. JPMorgan Capri Price Target
• Neutral Sentiment: Capri’s Q1 revenue declined 3.5% year over year, suggesting that the earnings beat was not accompanied by broad-based sales growth. Analysts are also watching operating metrics across the company’s luxury brands. Key Metrics from Capri Q1 Earnings
• Negative Sentiment: Capri issued sharply weaker fiscal Q2 guidance: EPS of $0.20 versus the $0.45 consensus and revenue of $780 million versus expectations of $857 million. Full-year revenue guidance of approximately $3.4 billion was also below the $3.5 billion consensus, overshadowing the quarterly profit beat.
• Negative Sentiment: Management cited inventory delays and softer demand for Michael Kors handbags and accessories in some markets. Because Michael Kors is Capri’s largest brand, the weakness raises concerns about near-term sales momentum, inventory management and the company’s turnaround prospects. Capri Cuts Annual Revenue Forecast on Michael Kors Weakness

Institutional Investors Weigh In On Capri

Several large investors have recently modified their holdings of the company. Quantbot Technologies LP purchased a new position in shares of Capri in the 2nd quarter valued at approximately $39,000. Headlands Technologies LLC purchased a new position in shares of Capri during the second quarter valued at approximately $139,000. Corient Private Wealth LLC acquired a new position in Capri in the fourth quarter valued at $201,000. State of Wyoming purchased a new position in shares of Capri during the 2nd quarter worth about $173,000. Finally, Brooklyn Investment Group purchased a new position in shares of Capri in the 4th quarter worth $254,000. 84.34% of the stock is owned by institutional investors and hedge funds.

Capri Company Profile

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.