Stock Data
$0.30 (1.97%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
LUXURY GOODS
Capri Holdings Limited is a global fashion powerhouse based in London, known for its high-end apparel, footwear, and accessories for both women and men. The company operates iconic brands including Versace, Jimmy Choo, and Michael Kors. With a wide distribution network that spans boutiques, department stores, specialty stores, and online platforms, Capri Holdings offers a diverse range of products from ready-to-wear and handbags to eyewear, watches, and home furnishings. Additionally, it manages licensing agreements for the manufacture and sale of branded watches, jewelry, eyewear, and fragrances.
Capri beat expectations on EPS and held its full-year outlook of roughly $2.15, funding it with expense cuts after trimming revenue guidance on inventory delays, softer EMEA demand and currency. Jimmy Choo revenue rose 10.5% while Michael Kors fell, so the two-brand rebuild now hinges on how fast Kors stabilizes.
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