Capri (NYSE:CPRI) Issues FY 2026 Earnings Guidance

Capri (NYSE:CPRI) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.300-1.400 for the period, compared to the consensus earnings per share estimate of 1.390. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion.

Capri Stock Performance

Shares of Capri stock traded down $1.14 on Thursday, reaching $19.61. 494,586 shares of the stock were exchanged, compared to its average volume of 3,223,856. The firm has a market capitalization of $2.34 billion, a PE ratio of -4.57, a PEG ratio of 0.39 and a beta of 1.45. Capri has a 1-year low of $11.86 and a 1-year high of $28.26. The business has a fifty day moving average price of $24.99 and a two-hundred day moving average price of $22.37. The company has a current ratio of 1.14, a quick ratio of 0.69 and a debt-to-equity ratio of 2.07.

Capri (NYSE:CPRI) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. Capri had a negative net margin of 13.57% and a negative return on equity of 430.23%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $999.84 million. During the same quarter last year, the firm earned $0.63 earnings per share. The firm’s revenue was down 4.0% compared to the same quarter last year. Capri has set its FY 2026 guidance at 1.300-1.400 EPS. As a group, research analysts anticipate that Capri will post 0.98 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. The Goldman Sachs Group dropped their price objective on Capri from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday. Wells Fargo & Company decreased their target price on shares of Capri from $27.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Barclays upped their price target on shares of Capri from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Wednesday. Zacks Research cut shares of Capri from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 5th. Finally, BTIG Research reissued a “buy” rating and set a $30.00 price objective on shares of Capri in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $26.21.

Insider Activity

In related news, CFO Rajal Mehta sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $25.96, for a total value of $259,600.00. Following the sale, the chief financial officer directly owned 741 shares in the company, valued at $19,236.36. The trade was a 93.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.30% of the stock is owned by company insiders.

Institutional Trading of Capri

A number of large investors have recently made changes to their positions in CPRI. CIBC Bancorp USA Inc. acquired a new position in Capri in the 3rd quarter valued at about $247,000. Integrated Wealth Concepts LLC grew its holdings in shares of Capri by 4.9% during the third quarter. Integrated Wealth Concepts LLC now owns 20,246 shares of the company’s stock worth $403,000 after buying an additional 940 shares in the last quarter. Gotham Asset Management LLC grew its holdings in shares of Capri by 41.4% during the third quarter. Gotham Asset Management LLC now owns 229,247 shares of the company’s stock worth $4,567,000 after buying an additional 67,114 shares in the last quarter. Bank of America Corp DE raised its position in shares of Capri by 10.3% in the third quarter. Bank of America Corp DE now owns 765,097 shares of the company’s stock valued at $15,241,000 after buying an additional 71,248 shares during the last quarter. Finally, Algert Global LLC purchased a new position in shares of Capri during the third quarter valued at approximately $3,568,000. Institutional investors and hedge funds own 84.34% of the company’s stock.

About Capri

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.