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Capri Holdings Limited

CPRI · NYSE

Market closed$16.38$-0.560000 (-3.31%)After hours $16.50 · +0.73%

Key statistics

Previous close$16.94
Open$16.79
Day high$17.13
Day low$16.29
52-week high$28.27
52-week low$16.21
Market cap1.88B
Volume1.92M
Average volume3.21M
P/E ratio10.92
Forward P/E—
EPS1.50
Dividend yield0.00%

Market context

Why it moved

Capri Holdings (CPRI) shares declined as investor sentiment remained subdued ahead of the company's upcoming Q1 2027 earnings report, with ongoing concerns about the luxury fashion brand's turnaround progress and revenue performance weighing on the stock.

MarketbeatMarketbeatWboiThe New York TimesCapriholdings

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Capri Holdings closed down 3.31%, brushing near its 52-week low of $16.21, as the Michael Kors, Versace, and Jimmy Choo parent continues to face persistent headwinds from declining revenues and downward analyst pressure. Despite beating Q4 FY2026 EPS estimates ($0.22 vs. $0.11 expected), revenue fell 23.1% year-over-year, prompting multiple analysts—including Wells Fargo, Telsey, and Bank of America—to cut price targets following May earnings. With Q1 FY2027 results scheduled for August 5, investors remain cautious ahead of the next catalyst, even as GuruFocus flags the stock as undervalued and the consensus price target of $24.79 implies significant upside from current levels.

-3.3058

July 17, 2026Capri Holdings shares rose roughly 2.6% on Wednesday, recovering from a 52-week low hit just days earlier, as a broader luxury sector rebound—sparked by Richemont's blockbuster Q1 beat—lifted sentiment across the space. Investors are also weighing Capri's post-Versace strategic reset, focused on reviving Michael Kors and returning Jimmy Choo to profitability by fiscal 2027, ahead of its August 5 Q1 fiscal 2027 earnings call. Analysts remain cautious, with multiple firms trimming price targets following the May quarter's 23% revenue decline, though the consensus average target of ~$24.79 implies significant upside from current depressed levels.

2.6045

July 16, 2026Capri Holdings closed modestly lower, touching a fresh 52-week low of $16.21 intraday amid heavy volume more than double its average, as the stock continues its steep 28% year-to-date decline. The session came despite a broader luxury sector lift — Richemont surged 6% on blowout Q1 results, lifting peers like LVMH — underscoring Capri's company-specific headwinds. Investor focus remains on the post-Versace repositioning strategy unveiled at the Bernstein Retail Forum, where management outlined plans to invest in Michael Kors and Jimmy Choo store refreshes and target younger consumers, but analyst skepticism persists with Wells Fargo cutting its price target to $16 and a consensus Hold rating. Q1 FY2027 results are scheduled for August 5.

-1.0192

July 15, 2026Capri Holdings closed sharply lower, hitting a fresh 52-week low near $16.63, as investors remain skeptical of the company's post-Versace turnaround narrative. Despite management outlining ambitious plans at Bernstein's Retail Forum—targeting a Michael Kors revenue recovery to ~$4B and Jimmy Choo profitability by fiscal 2027—the stock has fallen over 26% year-to-date and 15% in the past 30 days alone, weighed down by continued revenue pressure, unmitigated tariff headwinds, and lingering concerns over brand fatigue at its two remaining labels.

-4.522

July 11, 2026Capri Holdings closed essentially flat after a turbulent week, as the stock digested a sharp 7.78% sell-off on Wednesday amid broader market weakness tied to the US-Iran conflict escalation. At the Bernstein Retail Forum on July 8, management outlined a turnaround strategy centered on Michael Kors and Jimmy Choo following the Versace sale, targeting Michael Kors revenue growth to ~$4B and Jimmy Choo profitability in fiscal 2027, backed by a $1B buyback program and $300M in store renovations — though the stock remains down ~26% over the past six months.

-0.2212

July 10, 2026Capri Holdings closed sharply lower the prior session — among the S&P 500's worst performers with a drop of nearly 8% on Wednesday — but shares recovered modestly in Thursday's session, rising about 1%, as investors reassessed the turnaround narrative following management's appearance at the Bernstein 2nd Annual Retail Forum. CEO John Idol outlined a post-Versace reset built on Michael Kors and Jimmy Choo, targeting $4B and $800M in revenue respectively, with a $1B buyback and $300M in store renovations underpinning the plan, while cautioning that Europe has softened and the brand repositioning remains in its 'early innings.'

1.0056

July 9, 2026Capri Holdings tumbled nearly 8% — well above average volume — as the company presented at the Bernstein Retail Forum, where management acknowledged the Michael Kors turnaround remains in "very early innings" despite some positive signals. The sharp decline came amid a broader risk-off session triggered by President Trump declaring the U.S.-Iran ceasefire deal "over," sending oil prices surging 5%+ and pressuring consumer discretionary stocks globally. While CEO John Idol pointed to renovated stores outperforming and full-price comps turning positive, investors focused on near-term headwinds: outlet weakness persisting through October-November, expected unit declines in fiscal 2027, and softening European demand — leaving the turnaround story under pressure in a volatile macro environment.

-7.827

July 7, 2026Capri Holdings closed modestly lower as investors digested the company's recent reclassification into Russell growth indices and an amended revolving credit facility — reducing total commitments to $1.0 billion while extending maturity to June 2031. While the index shift and updated credit line signal lenders and benchmarks are reassessing Capri's profile, near-term headwinds remain, including persistent revenue declines, brand fatigue at Michael Kors and Jimmy Choo, tariff pressures, and elevated inventory. Peer Tapestry also navigated a shifting luxury accessories landscape, while broader luxury sentiment was supported by Vietnam's counterfeit crackdown benefiting authentic brand channels.

-0.6329

Simply Wall Street · July 15, 2026Capri Holdings (CPRI) Unveils Post Versace Plan Focused On Michael Kors And Jimmy ChooSeeking Alpha · June 16, 2026Capri Holdings: A Cleaner Turnaround, But Still Not A Low-Risk Story (NYSE:CPRI)Investing.com · May 27, 2026Earnings call transcript: Capri Holdings beats Q4 2026 earnings expectationsTradingView · May 27, 2026Capri Q4 Earnings Call HighlightsCapri Holdings Limited - Investor Relations · February 24, 2026Tyler Reddien Appointed Chief Financial Officer and Chief Operating Officer of Capri Holdings
Benzinga · July 16, 2026Barclays Maintains Overweight on Capri Holdings, Lowers Price Target to $20
Benzinga · July 15, 2026Wells Fargo Maintains Equal-Weight on Capri Holdings, Lowers Price Target to $16
Benzinga · June 9, 2026Stephen Reitman Takes Money Off The Table, Sells $349K In Capri Holdings Stock
Mt Newswire · June 9, 2026Capri Holdings Insider Sold Shares Worth $349,166, According to a Recent SEC Filing
Mt Newswire · June 2, 2026Capri Holdings Insider Sold Shares Worth $1,706,919, According to a Recent SEC Filing
Benzinga · May 28, 2026UBS Maintains Neutral on Capri Holdings, Lowers Price Target to $20
Benzinga · May 28, 2026JP Morgan Maintains Overweight on Capri Holdings, Lowers Price Target to $29
Mt Newswire · May 28, 2026Capri Fiscal 2027 Recovery Hinges on Tariffs, Macro Backdrop, UBS Says

Peers

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