Capri (NYSE:CPRI) Updates 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 earnings per share (EPS) guidance of 1.200-1.400 for the period, compared to the consensus 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 Price Performance

NYSE:CPRI traded down $0.28 during midday trading on Monday, hitting $19.43. The company had a trading volume of 2,841,869 shares, compared to its average volume of 3,309,160. The company has a market capitalization of $2.29 billion, a PE ratio of -2.06, a P/E/G ratio of 0.42 and a beta of 1.72. The stock's fifty day moving average price is $18.34 and its 200-day moving average price is $18.71. The company has a quick ratio of 0.61, a current ratio of 1.17 and a debt-to-equity ratio of 3.97. Capri has a 52-week low of $11.86 and a 52-week high of $43.34.

Capri (NYSE:CPRI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.37. The firm had revenue of $797.00 million for the quarter, compared to analysts' expectations of $773.18 million. Capri had a negative net margin of 26.73% and a negative return on equity of 53.50%. The business's revenue for the quarter was down 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.04 earnings per share. As a group, research analysts expect that Capri will post 0.98 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on CPRI shares. JPMorgan Chase & Co. lifted their price objective on shares of Capri from $18.00 to $21.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. UBS Group upped their price objective on shares of Capri from $18.00 to $23.00 and gave the company a "neutral" rating in a report on Thursday. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $22.00 price objective (up from $20.00) on shares of Capri in a report on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Capri from a "sell" rating to a "hold" rating in a research report on Saturday. Nine investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Capri has an average rating of "Hold" and a consensus target price of $23.33.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Capri by 13.5% during the first 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 period. Integrated Wealth Concepts LLC boosted its stake in Capri by 48.8% in the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company's stock worth $397,000 after purchasing an additional 6,595 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Capri by 23.7% during 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 acquiring an additional 80,928 shares during the period. Goldman Sachs Group Inc. increased its holdings in Capri by 22.4% in the first 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 last quarter. Finally, Royal Bank of Canada increased its holdings in Capri by 70.0% in the first quarter. Royal Bank of Canada now owns 380,838 shares of the company's stock valued at $7,514,000 after purchasing an additional 156,757 shares during the last quarter. 84.34% of the stock is 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.