Capri Holdings Limited Stock News

Capri Holdings' shares jumped over 19% on Friday after the luxury ​group raised its annual revenue and profit ‌forecasts and said it expected sales to return to growth, helped by new collections and increased marketing.

Capri Holdings swung to a second-quarter profit and edged up its full-year earnings target, even as declining revenue at Michael Kors prompted the luxury group to lower its annual revenue forecast.

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2027 ended September 26, 2026. Second Quarter Fiscal 2027 Highlights from Continuing Operations Revenue decreased 5.5% on a reported basis and 4.9% in constant currency Operating margin was 1.2%; adjusted operating margin was 3.8% Ear...

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, today announced the appointment of Catherine So as Chief Legal and Sustainability Officer, effective October 19, 2026. Ms. So will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. Ms. So joins Capri from Tiffany & Co., where she most recently served as Senior Vice Presiden...

LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that John D. Idol, Chairman and Chief Executive Officer, and Tyler Reddien, Chief Financial and Chief Operating Officer, will be participating in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference 2026, held at the Conrad New York Downtown in New York City, on Tues...

Capri Holdings ​cut its annual revenue forecast ‌on Wednesday, citing second-quarter inventory delays at its key Michael Kors brand and softer demand ​for its pricey handbags and ​accessories in some markets.