Capri (NYSE:CPRI) Releases Q1 2026 Earnings Guidance

Capri (NYSE:CPRI - Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.100-0.150 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

A number of equities analysts recently issued reports on CPRI shares. UBS Group boosted their target price on shares of Capri from $14.00 to $18.00 and gave the stock a "neutral" rating in a research report on Thursday. Bank of America started coverage on shares of Capri in a report on Monday, February 10th. They set a "neutral" rating and a $23.00 price objective on the stock. Robert W. Baird reduced their target price on shares of Capri from $26.00 to $18.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. Barclays lowered their price target on Capri from $19.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 10th. Finally, Wells Fargo & Company reduced their price objective on Capri from $30.00 to $25.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $22.50.

Capri Price Performance

Capri stock traded down $0.37 during mid-day trading on Friday, reaching $18.14. The company had a trading volume of 3,286,106 shares, compared to its average volume of 3,306,285. The company has a current ratio of 1.21, a quick ratio of 0.59 and a debt-to-equity ratio of 1.36. Capri has a fifty-two week low of $11.86 and a fifty-two week high of $43.34. The company has a market cap of $2.14 billion, a P/E ratio of -2.12, a P/E/G ratio of 7.80 and a beta of 1.64. The business has a fifty day simple moving average of $16.33 and a 200 day simple moving average of $20.06.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its position 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 buying an additional 80,928 shares during the last quarter. Royal Bank of Canada increased its position 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 acquiring an additional 156,757 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Capri by 48.8% during the first quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company's stock worth $397,000 after acquiring an additional 6,595 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Capri by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company's stock worth $218,000 after acquiring an additional 1,313 shares during the last quarter. Institutional investors and hedge funds 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.