Latest news with #CPRI
Reuters
31-07-2025
- Business
- Reuters
Campari's net sales rise 3.5% in second quarter
MILAN, July 31 (Reuters) - Italian spirits group Campari ( opens new tab reported on Thursday a 3.5% organic increase in net sales in the second quarter, amid uncertainty about the impact of U.S. tariffs. Adjusted operating profit rose by 2.9% organically in the same period. The group said that the negative impact from U.S. tariffs is expected between a minimum of 4 million euros, assuming tariffs towards EU countries are lifted, and a maximum of 45 million euros ($51 million )before actions to offset the impact. "Looking forward, we confirm that our previously provided guidance for 2025 remains our target, before the impact of U.S. tariffs, and the third quarter will be fundamental for clearer visibility," Campari Chief Executive Simon Hunt said in a statement. ($1 = 0.8749 euros)
Yahoo
27-06-2025
- Business
- Yahoo
Why Is Capri Holdings (CPRI) Down 5.3% Since Last Earnings Report?
It has been about a month since the last earnings report for Capri Holdings (CPRI). Shares have lost about 5.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Capri Holdings due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. It turns out, fresh estimates flatlined during the past month. The consensus estimate has shifted 48.57% due to these changes. Currently, Capri Holdings has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the top 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Capri Holdings has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Capri Holdings Limited (CPRI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Capri Holdings Limited (CPRI): A Bull Case Theory
We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will summarize the bulls' thesis on CPRI. Capri Holdings Limited (CPRI)'s share was trading at $17.33 as of 21st May. CPRI's trailing and forward P/E were 5.74 and 23.75 respectively according to Yahoo Finance. A luxury apparel store, showcasing the high-end brand offerings. Capri Holdings (CPRI) recently announced the divestment of Versace to Prada for $1.375 billion—a notable step down from its 2018 purchase price but still a strategic win for investors betting on the deal. Despite the anticipated stock rally post-announcement, shares faltered due to the reintroduction of steep tariffs under Trump, particularly a 145% rate on Chinese goods, which significantly impacted sentiment around CPRI, whose Michael Kors and Jimmy Choo brands rely heavily on Asian manufacturing. Still, this tariff pressure is seen as unsustainable. The belief is that Trump will be forced to reverse course, either by market pressure—such as rising 10-year Treasury yields—or pushback from corporations, as was the case with his 90-day pause on electronics tariffs. Capri's now net-cash position, excluding operating leases, strengthens the investment case. Even after paying down $1 billion in debt, the company could still hold $250 million in cash, providing flexibility for reinvestment, buybacks, or further deleveraging. This financial pivot, paired with the sale of a loss-making segment, positions CPRI for re-rating—especially once tariff-related overhangs ease. While the core brands (KORS and CHOO) aren't the most exciting in isolation, the improved balance sheet and optionality create an attractive setup. Investors see a path for a 25%+ move from current levels once macro risks subside. With no imminent catalyst but strong structural improvements in place, the stock is viewed as a mispriced asset in the wake of temporary geopolitical noise, setting the stage for significant upside as clarity returns. Capri Holdings Limited (CPRI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held CPRI at the end of the fourth quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of CPRI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CPRI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
29-05-2025
- Business
- Yahoo
Capri Holdings Limited (CPRI): A Bull Case Theory
We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will summarize the bulls' thesis on CPRI. Capri Holdings Limited (CPRI)'s share was trading at $17.33 as of 21st May. CPRI's trailing and forward P/E were 5.74 and 23.75 respectively according to Yahoo Finance. A luxury apparel store, showcasing the high-end brand offerings. Capri Holdings (CPRI) recently announced the divestment of Versace to Prada for $1.375 billion—a notable step down from its 2018 purchase price but still a strategic win for investors betting on the deal. Despite the anticipated stock rally post-announcement, shares faltered due to the reintroduction of steep tariffs under Trump, particularly a 145% rate on Chinese goods, which significantly impacted sentiment around CPRI, whose Michael Kors and Jimmy Choo brands rely heavily on Asian manufacturing. Still, this tariff pressure is seen as unsustainable. The belief is that Trump will be forced to reverse course, either by market pressure—such as rising 10-year Treasury yields—or pushback from corporations, as was the case with his 90-day pause on electronics tariffs. Capri's now net-cash position, excluding operating leases, strengthens the investment case. Even after paying down $1 billion in debt, the company could still hold $250 million in cash, providing flexibility for reinvestment, buybacks, or further deleveraging. This financial pivot, paired with the sale of a loss-making segment, positions CPRI for re-rating—especially once tariff-related overhangs ease. While the core brands (KORS and CHOO) aren't the most exciting in isolation, the improved balance sheet and optionality create an attractive setup. Investors see a path for a 25%+ move from current levels once macro risks subside. With no imminent catalyst but strong structural improvements in place, the stock is viewed as a mispriced asset in the wake of temporary geopolitical noise, setting the stage for significant upside as clarity returns. Capri Holdings Limited (CPRI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 47 hedge fund portfolios held CPRI at the end of the fourth quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of CPRI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CPRI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
28-05-2025
- Business
- Washington Post
Capri Holdings: Fiscal Q4 Earnings Snapshot
LONDON — LONDON — Capri Holdings Limited (CPRI) on Wednesday reported a loss of $645 million in its fiscal fourth quarter. On a per-share basis, the London-based company said it had a loss of $5.44. Losses, adjusted for one-time gains and costs, came to $4.90 per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share. The luxury retailer posted revenue of $1.03 billion in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $982.8 million. For the year, the company reported a loss of $1.18 billion, or $10 per share. Revenue was reported as $4.44 billion. For the current quarter ending in June, Capri Holdings said it expects revenue in the range of $765 million to $780 million. The company expects full-year earnings to be $1.20 to $1.40 per share, with revenue ranging from $3.3 billion to $3.4 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CPRI at
