Capri Holdings Limited (CPRI)

NYSE: CPRI · IEX Real-Time Price · USD
36.51
-1.45 (-3.82%)
At close: Apr 23, 2024, 4:00 PM
36.59
+0.08 (0.22%)
After-hours: Apr 23, 2024, 7:51 PM EDT
-3.82%
Market Cap 4.26B
Revenue (ttm) 5.28B
Net Income (ttm) 209.00M
Shares Out 116.57M
EPS (ttm) 1.92
PE Ratio 19.02
Forward PE 8.45
Dividend n/a
Ex-Dividend Date n/a
Volume 6,198,101
Open 37.20
Previous Close 37.96
Day's Range 36.22 - 37.50
52-Week Range 34.17 - 54.52
Beta 2.05
Analysts Hold
Price Target 48.10 (+31.75%)
Earnings Date May 29, 2024

About CPRI

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as wel... [Read more]

Industry Luxury Goods
IPO Date Dec 15, 2011
Employees 15,500
Stock Exchange NYSE
Ticker Symbol CPRI
Full Company Profile

Financial Performance

In 2023, Capri Holdings's revenue was $5.62 billion, a decrease of -0.62% compared to the previous year's $5.65 billion. Earnings were $616.00 million, a decrease of -25.06%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CPRI stock is "Hold." The 12-month stock price forecast is $48.1, which is an increase of 31.75% from the latest price.

Price Target
$48.1
(31.75% upside)
Analyst Consensus: Hold
Stock Forecasts

News

The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives' could complicate its case.

When the Federal Trade Commission on Monday sued to block Tapestry Inc.'s acquisition of Capri Holdings, the agency said it was trying to keep handbags made by brands like Coach, Kate Spade and Michae...

Other symbols: TPR
7 hours ago - Market Watch

US Sues to Block $8.5 Billion Tapestry-Capri Luxury Deal

The US Federal Trade Commission sued to stop Tapestry's $8.5 billion takeover of rival Capri Holdings, saying the acquisition would harm consumers by raising prices on handbags and accessories in the ...

Other symbols: TPR
21 hours ago - Bloomberg Markets and Finance

FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors

Tapestry had offered to buy Capri in August, hoping to create a US fashion behemoth that could effectively battle bigger European rivals such as Louis Vuitton parent LVMH.

Other symbols: TPR
1 day ago - New York Post

US sues to block Tapestry-Capri $8.5bn merger, citing monopoly concerns

FTC lawsuit to block Coach parent from buying Michael Kors owner says deal would deprive consumers of competition

Other symbols: TPR
1 day ago - The Guardian

Capri Holdings Limited Issues Statement on FTC Action Seeking to Block Proposed Transaction with Tapestry, Inc.

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today issued the following statement in response to the U.S. Federal Trade Commission's (FTC) unprecedented ...

Other symbols: TPR
1 day ago - Business Wire

FTC sues to block Tapestry's acquisition of Capri

The Federal Trade Commission on Monday sued to block Tapestry Inc.'s TPR, -0.76% $8.5 billion acquisition of Capri Holdings CPRI, -1.48%, arguing that a deal would reduce competition and allow Tapestr...

Other symbols: TPR
1 day ago - Market Watch

Tapestry, Inc. Responds to the FTC's Lawsuit

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today issued the following statement in ...

Other symbols: TPR
1 day ago - Business Wire

US sues to block merger of Coach and Michael Kors handbag makers

The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri , saying it would eliminate "direct head-to-head competition" betwee...

Other symbols: TPR
1 day ago - Reuters

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings

Other symbols: TPR
1 day ago - CNBC

FTC Could Scuttle Tapestry-Capri Merger, Killing Its Ability To Compete In The Luxury Market

The $8.5 billion Tapestry acquisition of Capri Holding deal announced last August is on ice, after the NYT Dealbook broke the news the Federal Trade Commission may sue to block the agreement.

Other symbols: TPR
5 days ago - Forbes

FTC may try to block yet another business merger

The FTC is reportedly planning to file suit to block a merger between luxury fashion firms Tapestry and Capri, the parent companies of several prominent brands like Versace and Coach.

Other symbols: TPR
6 days ago - Fox Business

FTC is gearing up to block the proposed merger of Coach parent Tapestry and Michael Kors parent Capri: NYT

The Federal Trade Commission is gearing up to block the proposed merger of Tapestry Inc. and Capri Holdings, the New York Times Dealbook reported on Wednesday, citing two people with knowledge of the ...

Other symbols: TPR
6 days ago - Market Watch

US FTC preparing to sue to block $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports

The U.S. Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings , NYT Dealbook reported on Wednesday, citing peo...

Other symbols: TPR
6 days ago - Reuters

Tapestry merger with Versace owner Capri gets EU, Japan approval

Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday.

Other symbols: TPR
8 days ago - Reuters

This is what the Red Sea attacks means for U.S. retailers, says Moody's

While the Houthi attacks on cargo ships in the Red Sea have impacted global supply chains, U.S. retailers are better positioned to deal with the disruption than their European counterparts, according ...

Other symbols: ANFGPSTPR
2 months ago - Market Watch

Capri Holdings Limited Announces Third Quarter Fiscal 2024 Results

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023. Third Qu...

2 months ago - Business Wire

Red Sea disruption forces retailers to rethink back-to-school and holiday shipments

The disruption caused by Houthi attacks on cargo ships in the Red Sea is forcing U.S. retailers to rethink how back-to-school and holiday shipments are handled, according to the National Retail Federa...

Other symbols: CHEFCOSTDGDLTRNKERLSKX
3 months ago - Market Watch

These retail stocks could be exposed to Red Sea disruption, say analysts

A number of retail stocks could be exposed to the fallout from the Houthi attacks on cargo ships in the Red Sea, say analysts.

Other symbols: DLTRNKERLSKX
3 months ago - Market Watch

Capri Holdings Limited Announces Reporting Date For Third Quarter Fiscal 2024 Financial Results

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its third quarter fiscal 2024 financial results on Thursday, February 8, 2024, after the market clo...

3 months ago - Business Wire

The former bond king, Bill Gross, says 10-year Treasury is ‘overvalued'

The former bond king doesn't like the fixed-income security that's the lynchpin of the financial world.

Other symbols: AGNCKRENLYREMTPR
3 months ago - Market Watch

Capri upgraded to buy at CFRA as it's trading below the $57 acquisition price being offered by Tapestry

CFRA upgraded Capri Holdings Ltd.'s stock CPRI to buy from hold on Wednesday, and said it's looking undervalued at its current price.

Other symbols: TPR
5 months ago - Market Watch

Tapestry launches bond offering to fund Capri acquisition

Tapestry Inc. TPR, +7.02% said Wednesday it has commenced an offering of dollar-denominated senior unsecured notes to fund its acquisition of rival Capri Holdings Ltd. The parent to Coach, Kate Spade ...

Other symbols: TPR
5 months ago - Market Watch

Capri Holdings Limited Announces Second Quarter Fiscal 2024 Results

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2024 ended September 30, 2023. Second...

5 months ago - Business Wire

Capri Holdings Limited Announces Reporting Date For Second Quarter Fiscal 2024 Financial Results

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its second quarter fiscal 2024 financial results on Thursday, November 9, 2023, after the market cl...

6 months ago - Business Wire

CAPRI HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Capri Holdings Limited - CPRI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Capri Holdings L...

Other symbols: TPR
7 months ago - Business Wire