Capri (NYSE:CPRI) Issues Q1 2026 Earnings Guidance

Capri (NYSE:CPRI - Get Free Report) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.100-0.150 for the period, compared to the consensus estimate of 0.100. The company issued revenue guidance of $765.0 million-$780.0 million, compared to the consensus revenue estimate of $959.9 million. Capri also updated its FY 2026 guidance to 1.200-1.400 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CPRI. UBS Group increased their target price on Capri from $14.00 to $18.00 and gave the company a "neutral" rating in a report on Thursday. Guggenheim reiterated a "buy" rating and set a $30.00 target price on shares of Capri in a report on Wednesday, February 12th. Robert W. Baird lowered their target price on Capri from $26.00 to $18.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Telsey Advisory Group restated a "market perform" rating and set a $20.00 price objective (up previously from $17.00) on shares of Capri in a report on Wednesday. Finally, Barclays cut their target price on Capri from $19.00 to $13.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 10th. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $22.50.

Capri Stock Down 2.0%

Shares of CPRI traded down $0.37 during mid-day trading on Friday, reaching $18.14. 3,286,106 shares of the stock traded hands, compared to its average volume of 3,299,322. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of -2.12, a P/E/G ratio of 7.80 and a beta of 1.64. The stock has a fifty day simple moving average of $16.33 and a 200 day simple moving average of $20.06. Capri has a 12-month low of $11.86 and a 12-month high of $43.34. The company has a quick ratio of 0.59, a current ratio of 1.21 and a debt-to-equity ratio of 1.36.

Capri (NYSE:CPRI - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The company reported ($4.90) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($5.12). The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $989.05 million. Capri had a positive return on equity of 12.89% and a negative net margin of 21.79%. The firm's quarterly revenue was down 15.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.42 EPS. Sell-side analysts expect that Capri will post 0.98 EPS for the current fiscal year.

Institutional Trading of Capri

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Capri by 13.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company's stock worth $218,000 after buying an additional 1,313 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of 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 buying an additional 6,595 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Capri by 70.0% in 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of 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 worth $8,337,000 after buying an additional 80,928 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Capri by 22.4% in the first quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company's stock worth $15,084,000 after buying an additional 139,809 shares during the last quarter. Institutional investors own 84.34% of the company's stock.

Capri Company Profile

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.