Capri Holdings Ltd. (CPRI) News
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CPRI News Highlights
- For CPRI, its 30 day story count is now at 19.
- Over the past 23 days, the trend for CPRI's stories per day has been choppy and unclear. It has oscillated between 1 and 10.
- The most mentioned tickers in articles about CPRI are BEAT, SPWH and URBN.
Latest CPRI News From Around the Web
Below are the latest news stories about CAPRI HOLDINGS LTD that investors may wish to consider to help them evaluate CPRI as an investment opportunity.
Institutional investors may adopt severe steps after Capri Holdings Limited's (NYSE:CPRI) latest 12% drop adds to a year lossesKey Insights Institutions' substantial holdings in Capri Holdings implies that they have significant influence over the... |
Macy’s Falls After Cutting Outlook as Demand Trends Worsen(Bloomberg) -- Macy’s Inc. said earnings will be weaker than previously expected for the full-year, underscoring the uncertainty around US consumer spending through the remainder of 2023. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Warns of Real Estate Recession as Loans D |
Wall Street Skids As Investors Await Debt Ceiling DecisionWall Street is adding to premarket losses, as investors continue to monitor the debt ceiling negotiations. |
Capri Continues to Build Footwear Across Brands as It Looks for Growth OpportunitiesThe company reported a dip in fourth quarter sales. |
Why Capri Holdings Stock Fell TodayShares of fashion apparel company Capri Holdings (NYSE: CPRI) fell on Wednesday after the company released financial results for its fiscal fourth quarter of 2023. As of 1 p.m. ET, Capri Holdings stock was down 10% and hitting 52-week lows. In Q4, which ended April 1, Capri Holdings had revenue of $1.3 billion, which was down 10.5%. |
Capri Sees Record Revenue for Versace, Jimmy Choo in Fiscal ’23By Daniella Parra Global fashion luxury group Capri Holdings Limited (NYSE:CPRI) said it had record revenue at Versace and Jimmy Choo in fiscal 2023. The results drove high-single-digit revenue growth and returned $1.35 billion to shareholders, the company said. Fourth quarter revenue decreased 10.5% on a reported basis and 3.0% on a 52-week constant currency […] |
Capri Holdings (CPRI) Q4 Earnings Beat Estimates, Fall Y/YCapri Holdings' (CPRI) fourth-quarter fiscal 2023 results reflect a 10.5% decrease in total revenues, owing to lackluster performance from its brands Versace and Michael Kors. |
Capri Holdings (CPRI) Q4 Earnings: Taking a Look at Key Metrics Versus EstimatesThe headline numbers for Capri Holdings (CPRI) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
Capri Holdings (CPRI) Q4 Earnings and Revenues Surpass EstimatesCapri Holdings (CPRI) delivered earnings and revenue surprises of 3.19% and 4.67%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock? |
Michael Kors owner Capri posts upbeat results on China demand recoveryMichael Kors parent Capri Holdings Ltd on Wednesday beat estimates for fourth-quarter revenue and profit, buoyed by a rebound in China demand following easing of pandemic-related curbs late last year. Earlier this month, Coach handbag maker Tapestry Inc raised its annual profit outlook, betting on demand recovery in China and strong sales of its handbags. Quarterly revenue from Michael Kors, which made up 70% of Capri's sales in 2022, fell nearly 11% to $910 million, with Asia being the only region that saw some growth. |