Capri Holdings Limited (CPRI)

Over the past six months, Capri Holdings Ltd.'s stock has increased by 35.99%. A significant event was the mutual termination of its merger agreement with Tapestry, Inc. The sale of Versace to Prada S.p.A. for $1.375 billion in cash in December 2025 was intended to provide financial flexibility and repay debt. In November 2025, Capri Holdings announced its second-quarter fiscal 2026 results, reporting an EPS of -$0.03, missing the consensus estimate, but exceeded revenue expectations. The company also provided earnings guidance for the third quarter and full fiscal year 2026. Analyst ratings have influenced the stock, with upgrades from The Goldman Sachs Group and Raymond James Financial, and a price target increase from Jefferies Financial Group. Conversely, Weiss Ratings reissued a "sell" rating. Insider selling activity was noted, with CFO Rajal Mehta selling 10,000 shares in December 2025.

Capri Holdings' focus on the holiday season suggests a seasonal peak in demand for its luxury fashion and accessory brands. The company aims to manage demand fluctuations by driving higher full-price sell-throughs through better product and marketing initiatives. The emphasis on accessories, which are "no-size" products, is noted to have higher margins. The company is also working to improve its regional mix, particularly in Asia, to drive future growth and improve gross margins.

Capri Holdings Limited (CPRI) is a global fashion luxury group involved in the design, marketing, distribution, and retail of branded apparel, footwear, and accessories for women and men. The company operates in the consumer discretionary sector, focusing on the apparel and accessories retail industry. Its portfolio includes Michael Kors and Jimmy Choo. Versace was previously part of the portfolio but was sold to Prada S.p.A. in December 2025. The company's products include ready-to-wear apparel, handbags, leather goods, footwear, eyewear, watches, jewelry, fragrances, scarves, belts, and home furnishings. Michael Kors products are available through Collection, Lifestyle, outlet stores, and e-commerce sites. Jimmy Choo focuses on luxury footwear, handbags, and small leather goods sold through retail and outlet stores, as well as e-commerce sites.

Capri Holdings Limited has a significant global presence with operations in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. The company distributes its products through boutiques, department stores, specialty stores, and e-commerce platforms. Its executive offices are located in London, United Kingdom, with operational offices in New York.

Capri Holdings' brand reputation has been impacted by strategic decisions and market challenges, particularly concerning the Michael Kors brand. The company faced a class-action lawsuit alleging misleading investors about the merger prospects with Tapestry, Inc. The Michael Kors brand experienced a decline in appeal and pricing power after attempting to reposition it as a more prestigious luxury brand, leading to a slowdown in sales and price cuts. The company closed 109 Michael Kors full-price stores while opening 8 new outlet stores. Management has implemented operational improvements for Michael Kors, including a reset of its pricing architecture, a revitalized marketing strategy, and marketplace cleanup, which have led to positive global Michael Kors full-price comparable sales in the last quarter. Jimmy Choo has remained resilient, with expectations for growth and operating earnings.

Capri Holdings Limited (CPRI) is primarily owned by institutional shareholders, who hold approximately 80.33% to 89.70% of the company's stock. Insiders own about 2.54% to 8.98%, and retail investors hold a smaller percentage. Major institutional owners include Fmr Llc, BlackRock, Inc., Vanguard Group Inc, Primecap Management Co/ca/, and State Street Corp. John D. Idol, the CEO, is the largest individual shareholder, owning approximately 4.61% of the company's shares. Michael David Kors is also a significant insider owner.