Capri Holdings Limited Announces Second Quarter Fiscal 2025 Results
Capri Holdings Limited Ordinary Shares (CPRI)
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am
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Source: Business Wire
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2025 ended September 28, 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107559622/en/(Photo: Business Wire)Second Quarter Fiscal 2025 HighlightsRevenue decreased 16.4% on a reported basis and 16.4% in constant currencyAdjusted operating margin of 3.0%Adjusted earnings per share of $0.65John D. Idol, the Company's Chairman and Chief Executive Officer, said, “Overall, we were disappointed with our second quarter results as performance continued to be impacted by softening demand globally for fashion luxury goods. Despite the challenging global retail environment, we remain focused on executing our strategic initiatives to deliver long-term sustainable growth across all three of our luxury houses.”Mr. Idol continued, “Versace, Jimmy Choo and Michael Kors
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- Capri Holdings Limited (NYSE: CPRI) had its "equal weight" rating re-affirmed by analysts at Barclays PLC. They now have a $21.00 price target on the stock.MarketBeat
- Capri Holdings Limited (NYSE: CPRI) had its price target lowered by analysts at TD Cowen from $57.00 to $22.00. They now have a "hold" rating on the stock.MarketBeat
- Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down [Forbes]Forbes
- Tapestry Confirms End of Merger Deal With Capri Holdings [Yahoo! Finance]Yahoo! Finance
CPRI
Earnings
- 11/7/24 - Miss
CPRI
Sec Filings
- 11/14/24 - Form 8-K
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- CPRI's page on the SEC website