Capri Holdings Limited design, markets, distributes, and retails branded women's and men's apparel and accessories. It operates in four segments: MK Retail, MK Wholesale, MK Licensing, and Jimmy Choo. The MK Retail segment sells women's apparel; handbags and small leather goods; men's apparel; footwear; and licensed products comprising watches, jewelry, fragrances, and beauty and eyewear. It operates collection stores and lifestyle stores, including concessions and outlets. As of March 31, 2018, this segment operated 379 Michael Kors retail stores, including concessions in the United States and Canada, and Latin America; and 450 international retail stores, including concessions in Europe and Asia, as well as e-commerce sites in North America, Canada, Europe, China, Japan, and South Korea. The MK Wholesale segment sells handbags and small leather goods; footwear; and women's and men's apparel to department stores and specialty shops in the Americas, Europe, and Asia. The MK Licensing segment licenses its trademarks to third parties to operate retail stores and/or sell the its products in Brazil, the Middle East, South Africa, Eastern Europe, Asia, and Australia. The Jimmy Choo segment sells luxury footwear, handbags, and small leather goods through directly operated Jimmy Choo stores in North America; Europe, the Middle East, and Africa; and Asia, as well as through Jimmy Choo e-commerce sites. It is also involved in the wholesale distribution activities worldwide; and licensing agreements related to the manufacture and sale of fragrance, sunglasses, and eyewear. As of March 31, 2018, this segment operated 629 wholesale doors. The company sells its products under the names of MICHAEL KORS, MICHAEL MICHAEL KORS, JIMMY CHOO, and other trademarks and logos. The company was formerly known as Michael Kors Holdings Limited and changed its name to Capri Holdings Limited in December 2018. Capri Holdings Limited was founded in 1981 and is based in London, the United Kingdom.
Industry, Sector and Symbol
Industry Leather & leather products
Sub-IndustryN/A
SectorRetail/Wholesale
CIKN/A
Phone44-20-7632-8600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.24 billion
Profitability
Miscellaneous
Employees17,797
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable
Capri (NYSE:CPRI) Frequently Asked Questions
What is Capri's stock symbol?
Capri trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPRI."
How were Capri's earnings last quarter?
Capri Holdings Ltd (NYSE:CPRI) released its quarterly earnings data on Wednesday, August, 7th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.90 by $0.05. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.37 billion. Capri had a return on equity of 30.29% and a net margin of 7.45%. Capri's revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $1.32 earnings per share. View Capri's Earnings History.
When is Capri's next earnings date?
What guidance has Capri issued on next quarter's earnings?
Capri updated its FY20 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $4.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.91. The company issued revenue guidance of ~$5.8 billion, compared to the consensus revenue estimate of $6.01 billion.
What price target have analysts set for CPRI?
13 Wall Street analysts have issued 12 month target prices for Capri's stock. Their predictions range from $35.00 to $73.00. On average, they expect Capri's share price to reach $51.4545 in the next year. This suggests a possible upside of 60.7% from the stock's current price. View Analyst Price Targets for Capri.
What is the consensus analysts' recommendation for Capri?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Capri in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Capri.
What are Wall Street analysts saying about Capri stock?
Here are some recent quotes from research analysts about Capri stock:
- 1. According to Zacks Investment Research, "Shares of Capri Holdings have declined and underperformed the industry in the past six months. The company’s trimming of fiscal 2020 sales forecast due to adverse foreign currency fluctuations and lower Michael Kors revenue might have hurt investor sentiment. Also, a top line miss and year-over-year fall in the bottom line during the first quarter were not well perceived. Management expects Michael Kors’ revenue to decline moderately in the second quarter with operating margin expected to be lower than the year-ago period. Nonetheless, we believe that constant deployment of resources to expand product offerings and upgrade distribution infrastructure along with cost containment efforts, focus on e-commerce platform and accretive buyouts bode well. Also, lowered full-year revenue view still indicates year-over-year improvement." (9/12/2019)
- 2. Guggenheim analysts commented, "We remain NEUTRAL and await signs of sustainable comp/margin improvement for the MK brand, as efforts to improve positioning globally are ongoing, while investment/dilution around Jimmy Choo and Versace remain and pressure earnings." (5/29/2019)
Has Capri been receiving favorable news coverage?
Headlines about CPRI stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capri earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Capri.
Who are some of Capri's key competitors?
Some companies that are related to Capri include IAC/InterActiveCorp (IAC), Fastenal (FAST), Ctrip.Com International (CTRP), Restaurant Brands International (QSR), Yum China (YUMC), Best Buy (BBY), Darden Restaurants (DRI), CARREFOUR SA/S (CRRFY), CarMax (KMX), Ulta Beauty (ULTA), Burlington Stores (BURL), ZALANDO SE/ADR (ZLNDY), Wayfair (W), Carvana (CVNA) and Tractor Supply (TSCO).
What other stocks do shareholders of Capri own?
Who are Capri's key executives?
Capri's management team includes the folowing people:
- Mr. John D. Idol, Chairman & CEO (Age 60)
- Mr. Thomas J. Edwards Jr., Exec. VP, CFO & COO (Age 55)
- Ms. Cathy Marie Robinson, COO & Sr. VP of Transformation (Age 51)
- Ms. Pascale Meyran, Sr. VP & Chief HR Officer (Age 59)
- Mr. Don Witkowski, Pres
Who are Capri's major shareholders?
Capri's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.38%), BlackRock Inc. (6.87%), BlackRock Inc. (6.84%), Invesco Ltd. (6.18%), AQR Capital Management LLC (2.17%) and Nuveen Asset Management LLC (1.68%). Company insiders that own Capri stock include Cathy Marie Robinson, John D Idol and Thomas Jr Edwards. View Institutional Ownership Trends for Capri.
Which major investors are selling Capri stock?
CPRI stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, APG Asset Management N.V., Point72 Asset Management L.P., Morgan Stanley, Teacher Retirement System of Texas, ClariVest Asset Management LLC, Robeco Institutional Asset Management B.V. and Panagora Asset Management Inc.. View Insider Buying and Selling for Capri.
Which major investors are buying Capri stock?
CPRI stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Nuveen Asset Management LLC, Prudential Financial Inc., Senvest Management LLC, Primecap Management Co. CA, Miura Global Management LLC, Unigestion Holding SA and Hodges Capital Management Inc.. Company insiders that have bought Capri stock in the last two years include John D Idol and Thomas Jr Edwards. View Insider Buying and Selling for Capri.
How do I buy shares of Capri?
Shares of CPRI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Capri's stock price today?
One share of CPRI stock can currently be purchased for approximately $32.01.
How big of a company is Capri?
Capri has a market capitalization of $4.85 billion and generates $5.24 billion in revenue each year. The company earns $543 million in net income (profit) each year or $4.97 on an earnings per share basis. Capri employs 17,797 workers across the globe.View Additional Information About Capri.
What is Capri's official website?
How can I contact Capri?
Capri's mailing address is 33 KINGSWAY, LONDON X0, WC2B 6UF. The company can be reached via phone at 44-20-7632-8600 or via email at [email protected]
MarketBeat Community Rating for Capri (NYSE CPRI)
MarketBeat's community ratings are surveys of what our community members think about Capri and other stocks. Vote "Outperform" if you believe CPRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CPRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
