Capri (NYSE:CPRI) Issues FY 2026 Earnings Guidance

Key Points

• Capri (NYSE: CPRI) provided FY 2026 earnings guidance with an EPS forecast of 1.200-1.400 and revenue guidance of $3.4 billion-$3.5 billion, both aligning closely with consensus estimates.
• The company's shares traded down 0.8% to $20.67, reflecting a trading volume of over 3 million shares, while the stock's one-year range has been between $11.86 and $43.34.
• Several analysts adjusted their price targets for Capri, with UBS increasing its target from $18.00 to $23.00 and Barclays lowering it from $19.00 to $13.00, indicating varying outlooks on the stock's future performance.

Capri (NYSE:CPRI - Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.200-1.400 for the period, compared to the consensus EPS estimate of 1.302. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.4 billion. Capri also updated its Q2 2026 guidance to 0.100-0.150 EPS.

Capri Trading Down 0.8%

Shares of NYSE CPRI traded down $0.18 during mid-day trading on Thursday, hitting $20.67. The stock had a trading volume of 3,254,336 shares, compared to its average volume of 3,683,089. Capri has a 1 year low of $11.86 and a 1 year high of $43.34. The business has a 50 day moving average price of $18.22 and a two-hundred day moving average price of $18.88. The company has a debt-to-equity ratio of 3.97, a quick ratio of 0.49 and a current ratio of 1.14. The firm has a market cap of $2.44 billion, a P/E ratio of -2.08, a price-to-earnings-growth ratio of 0.39 and a beta of 1.72.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.37. Capri had a negative return on equity of 39.55% and a negative net margin of 26.61%. The firm had revenue of $797.00 million during the quarter, compared to analyst estimates of $773.18 million. During the same quarter in the previous year, the firm earned $0.04 EPS. Capri's quarterly revenue was down 6.0% compared to the same quarter last year. On average, equities analysts anticipate that Capri will post 0.98 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the stock. UBS Group increased their price target on shares of Capri from $18.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday. Robert W. Baird lowered their price objective on Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Wells Fargo & Company dropped their price objective on shares of Capri from $30.00 to $25.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Telsey Advisory Group reissued a "market perform" rating and issued a $22.00 price objective (up from $20.00) on shares of Capri in a research note on Wednesday. Finally, Barclays lowered their price objective on shares of Capri from $19.00 to $13.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $23.33.

Hedge Funds Weigh In On Capri

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

About Capri

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 well as through e-commerce sites.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.