Versace Sale Would Support Parent Capri Holdings Lean Portfolio: Analyst - Capri Holdings (NYSE:CPRI)

Versace Sale Would Support Parent Capri Holdings Lean Portfolio: Analyst - Capri Holdings (NYSE:CPRI)

Telsey Advisory Group analyst Dana Telsey reiterated the Market Perform rating on Capri Holdings Limited (NYSE:CPRI), raising the price forecast from $17 to $20. On Wednesday, the firm reported a fourth-quarter adjusted loss of $4.90 per share, missing the Street view of a 14-cent loss. Quarterly sales of $1.035 billion (down 15.4% year over year) outpaced the analyst consensus estimate of $986.57 million. On a constant currency basis, total rev…

Capri reports dismal fourth quarter

The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.

Capri Holdings Limited (CPRI) Sees Price Target Increase by Telsey Advisory

Dana Telsey of Telsey Advisory Group has raised the price target for NYSE:CPRI to $20, indicating an 8.05% potential upside. Despite a significant fourth-quarter adjusted loss, Capri Holdings’ sales exceeded expectations, reaching $1.035 billion. The company is undergoing strategic changes, including the sale of Versace to Prada for $1.375 billion, aiming to reshape its future […]

Capri Holdings revenues fall by 15% to $1bn in Q4

Versace owner Capri Holdings saw its revenues fall by 15.4% to $1bn (£742m) in the fourth quarter ended 29 March. It comes as net losses widened to $645m (£478m), up from a net loss of $472m (£350m) the prior year.  Gross profit also fell to $631m (£468m) and gross margin was 61.0%, compared to $767m (£569m) and 62.7% the prior year. Over the period, Versace revenues fell 21.2% to $208m (£154m) while ​​operating loss was $13m (£9.6m). Michael Ko…

Losses deepen for Versace owner Capri Holdings

Capri Holdings, which owns premium and luxury fashion brands Versace, Michael Kors and Jimmy Choo, has reported a net loss and a decrease in profit for the fourth quarter and full year ended March 29, 2025, in what was described as “a challenging year”.

Capri Holdings reports deeper loss in fourth quarter

Capri Holdings Limited posted a steep revenue fall and a deepened net loss in its fourth quarter of its 2024-25 fiscal year, although results slightly beat market expectations. The US-based fashion house that owns Michael Kors, Jimmy Choo, and Versace continued to struggle with weak demand at all its brands. The quarterly report also contains […] The post Capri Holdings reports deeper loss in fourth quarter appeared first on Apparel Resources.