Wells Fargo downgraded Capri Holdings from Overweight to Equal Weight and set a new price target of $42.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $42.00 → $26.00 | Market Perform | Telsey Advisory Group |
| 10/17/2024 | $42.00 | Overweight → Equal Weight | Wells Fargo |
| 9/13/2024 | $41.00 | Buy → Neutral | Citigroup |
| 6/25/2024 | $57.00 → $43.00 | Equal Weight → Overweight | Wells Fargo |
| 6/17/2024 | $41.00 | Neutral → Buy | Citigroup |
| 4/23/2024 | $57.00 → $42.00 | Market Perform | Telsey Advisory Group |
| 7/31/2023 | $47.00 | Overweight → Neutral | JP Morgan |
| 6/13/2023 | $55.00 → $40.00 | Overweight → Equal-Weight | Morgan Stanley |
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
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Wells Fargo analyst Ike Boruchow upgrades Capri Holdings (NYSE:CPRI) from Equal-Weight to Overweight and lowers the price target from $57 to $43.
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
8-K - Capri Holdings Ltd (0001530721) (Filer)
8-K/A - Capri Holdings Ltd (0001530721) (Filer)
8-K - Capri Holdings Ltd (0001530721) (Filer)
Telsey Advisory Group reiterated coverage of Capri Holdings with a rating of Market Perform and set a new price target of $26.00 from $42.00 previously
Wells Fargo downgraded Capri Holdings from Overweight to Equal Weight and set a new price target of $42.00
Citigroup downgraded Capri Holdings from Buy to Neutral and set a new price target of $41.00
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the first quarter of Fiscal 2025 ended June 29, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240808746293/en/(Photo: Business Wire) First Quarter Fiscal 2025 Highlights Revenue decreased 13.2% on a reported basis and 12.1% in constant currency Adjusted operating margin of 1.5% Adjusted earnings per share of $0.04 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall, we were disappointed with our first quarter results as performance continued to be impacted by softening deman
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the fourth quarter and full year fiscal 2024 ended March 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240529961065/en/(Photo: Business Wire) Fourth Quarter Fiscal 2024 Highlights Revenue decreased 8.4% on a reported basis and 7.9% in constant currency Adjusted operating margin of 6.4% Adjusted earnings per share of $0.42 John D. Idol, the Company's Chairman and Chief Executive Officer said, "Overall, we were disappointed with our results as performance in the fourth quarter continued to be impacted
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240208378853/en/(Photo: Business Wire) Third Quarter Fiscal 2024 Highlights Revenue decreased 5.6% on a reported basis and 6.6% in constant currency Adjusted operating margin of 12.1% Adjusted earnings per share of $1.20 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall, our performance in the third quarter continued to be impacted by softening demand for fashion luxury goods.
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Mahesh Madhavan will be appointed to the Board of Directors effective March 30, 2023. Mr. Madhavan will join the company's Compensation and Talent Committee as well as the Governance, Nominating and Corporate Social Responsibility Committee. As of the date of Mr. Madhavan's appointment, the Capri Holdings Board will again be comprised of eight directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230329005869/en/(Photo: Business Wire) Mr. Madhavan is the Chief Executive Officer of Bacardi Limited, the largest privately held internation
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230123005774/en/(Photo: Business Wire) Mr. Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022 and is currently Versace's Chief Operating Officer. Prior to his time at Versace, Mr. Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021. During his tenure as President of Michael Kors EMEA, Mr. Wilmot
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the appointment of Emmanuel Gintzburger as Chief Executive Officer of Versace effective September 12, 2022. Mr. Gintzburger will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220321005121/en/Versace (Photo: Business Wire) Mr. Gintzburger joins Versace from Alexander McQueen, where he served as CEO since May 2016. Prior to joining Alexander McQueen, Mr. Gintzburger was Worldwide Retail and Wholesale Director for Saint Laurent from 2011 to 2016, having joined the Parisia
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of the merger agreement, it intends to jointly file with Tapestry, Inc. a notice of appeal to the U.S. Court of Appeals for the Second Circuit regarding the U.S. District Court for the Southern District of New York's decision to grant the U.S. Federal Trade Commission's motion for a preliminary injunction to block Tapestry, Inc.'s pending acquisition of the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241024593346/en/(Photo: Business Wire) About Capri Holdings Limited Capri Holdings is a global fash
Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, kate spade new york, and Stuart Weitzman, today issued the following statement in response to the ruling made by the U.S. District Court in the Southern District of New York regarding Tapestry's proposed acquisition of Capri Holdings Limited (NYSE:CPRI): "Today's decision granting the FTC's request for a preliminary injunction is disappointing and, we believe, incorrect on the law and the facts. Tapestry and Capri operate in an industry that is intensely competitive and dynamic, constantly expanding, and highly fragmented among both established players and new entrants. We face competitive pr
Capri Holdings Limited (NYSE:CPRI) today announced that it plans to report its second quarter fiscal 2025 financial results on Thursday, November 7, 2024, after the market closes via press release. Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to hold conference calls to review its financial results. About Capri Holdings Limited Capri Holdings is a global fashion luxury group consisting of iconic, founder-led brands Versace, Jimmy Choo and Michael Kors. Our commitment to glamorous style and craftsmanship is at the heart of each of our luxury brands. We have built our reputation on designing exceptional, innovative products that cove