Capri (NYSE:CPRI) Issues FY 2027 Earnings Guidance

Capri (NYSE:CPRI) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.150-2.150 for the period, compared to the consensus EPS estimate of 1.850. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Capri also updated its Q1 2027 guidance to 0.400-0.400 EPS.

Capri Stock Up 8.1%

NYSE CPRI opened at $19.75 on Friday. Capri has a 12 month low of $16.22 and a 12 month high of $28.26. The stock’s 50 day moving average is $18.79 and its 200 day moving average is $21.52. The company has a current ratio of 1.21, a quick ratio of 0.52 and a debt-to-equity ratio of 4.08. The stock has a market cap of $2.35 billion, a PE ratio of 17.32, a P/E/G ratio of 0.24 and a beta of 1.43.

Capri (NYSE:CPRI) last posted its earnings results on Wednesday, May 27th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.11. The company had revenue of $796.00 million during the quarter, compared to analysts’ expectations of $800.04 million. Capri had a net margin of 3.94% and a return on equity of 664.22%. Capri’s quarterly revenue was down 23.1% on a year-over-year basis. During the same period last year, the company posted ($4.90) earnings per share. Capri has set its FY 2027 guidance at 2.150-2.150 EPS and its Q1 2027 guidance at 0.400-0.400 EPS. Research analysts predict that Capri will post 2.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CPRI. UBS Group decreased their price target on shares of Capri from $22.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday. Telsey Advisory Group decreased their price objective on Capri from $23.00 to $21.00 and set a “market perform” rating on the stock in a research report on Thursday. TD Cowen restated a “buy” rating on shares of Capri in a research report on Wednesday, February 4th. Barclays reduced their price target on Capri from $32.00 to $24.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Capri in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.79.

Insider Activity

In related news, CEO John D. Idol purchased 55,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the acquisition, the chief executive officer owned 2,257,645 shares of the company’s stock, valued at $40,592,457.10. The trade was a 2.50% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Capri News Summary

Here are the key news stories impacting Capri this week:

• Positive Sentiment: Capri beat Q4 earnings expectations with adjusted EPS of $0.22 versus $0.11 expected, and it guided FY2027 EPS to $2.15, above consensus. Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2026 Results
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and set a $30 price target, implying substantial upside from current levels. BTIG reaffirms Buy rating on Capri
• Positive Sentiment: JPMorgan also kept an Overweight rating and lifted its target to $29, suggesting confidence in Capri’s recovery path. JPMorgan lowers but keeps Overweight rating on Capri
• Neutral Sentiment: Telsey Advisory Group and Bank of America both cut price targets, but neither changed to a bearish stance; BofA moved to Neutral and Telsey to Market Perform. Analyst target changes for Capri
• Neutral Sentiment: Capri’s revenue of $796 million missed estimates slightly and declined 23.1% year over year, highlighting that the turnaround is still in progress. Capri earnings report and conference call
• Negative Sentiment: The company’s outlook for first-quarter FY2027 revenue came in below Wall Street expectations, which could temper enthusiasm despite the EPS beat. Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2026 Results

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CPRI. Royal Bank of Canada grew its position in shares of Capri by 70.0% in the 1st quarter. Royal Bank of Canada now owns 380,838 shares of the company’s stock worth $7,514,000 after buying an additional 156,757 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Capri by 48.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 20,120 shares of the company’s stock worth $397,000 after buying an additional 6,595 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Capri by 13.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,034 shares of the company’s stock worth $218,000 after buying an additional 1,313 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Capri by 22.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 764,509 shares of the company’s stock worth $15,084,000 after buying an additional 139,809 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Capri by 23.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 422,561 shares of the company’s stock worth $8,337,000 after buying an additional 80,928 shares during the last quarter. Hedge funds and other institutional investors own 84.34% of the company’s stock.

Capri Company Profile

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.