Core Insights - Capri Holdings' international operations are crucial for assessing its financial strength and growth potential, especially given its global presence [1][2][3] Group 1: Financial Performance - For the quarter ending December 2024, Capri Holdings reported total revenue of $1.26 billion, a decline of 11.6% year over year [4] - EMEA contributed $341 million, accounting for 27.04% of total revenue, with a surprise increase of +4.54% compared to expectations [5] - Asia generated $166 million, representing 13.16% of total revenue, with a slight surprise of +0.55% over consensus estimates [6] Group 2: Revenue Forecasts - Analysts predict Capri Holdings will report $1 billion in total revenue for the current fiscal quarter, reflecting an 18% decline from the previous year [7] - For the full year, total revenue is expected to be $4.38 billion, down 15.2% from the previous year, with EMEA and Asia projected to contribute 29.2% ($1.28 billion) and 15.2% ($667.73 million) respectively [8] Group 3: Market Trends and Stock Performance - The reliance on international markets presents both opportunities and challenges for Capri Holdings, making it essential to monitor international revenue trends for future projections [9] - Over the past month, Capri Holdings' stock has decreased by 7.6%, while the Zacks S&P 500 composite increased by 4.2% [13]

Core Viewpoint - A class action securities lawsuit has been filed against Capri Holdings Limited, alleging securities fraud that affected investors between August 10, 2023, and October 24, 2024 [1]. Group 1: Lawsuit Details - The lawsuit claims that Capri Holdings and Tapestry made false statements regarding the accessible luxury handbag market, asserting it is a distinct market within the overall handbag market [1]. - It is alleged that Capri and Tapestry maintained separate production facilities and supply chains for their accessible luxury handbags, differentiating them from luxury and mass market handbags [1]. - The complaint states that Capri and Tapestry viewed Coach and Michael Kors as their closest competitors, while not considering their brands in direct competition with luxury or mass market handbags [1]. - The rationale for the acquisition of Capri by Tapestry was to consolidate brands within the accessible luxury handbag market, aiming to reduce competition, increase prices, and improve profit margins [1]. - The lawsuit suggests that the risk of regulatory actions or the acquisition being blocked was higher than what was represented by the defendants [1]. Group 2: Next Steps for Investors - Investors who suffered losses in Capri Holdings during the specified timeframe have until February 21, 2025, to request to be appointed as lead plaintiff [2]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [2]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [3].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Capri Holdings Limited regarding a class action lawsuit alleging misleading statements and omissions related to the accessible luxury handbag market and the acquisition by Tapestry [1][2]. Group 1: Allegations - The complaint alleges that during the class period from August 10, 2023, to October 24, 2024, defendants made materially false and misleading statements about the accessible luxury handbag market [2]. - It is claimed that Capri and Tapestry maintained separate production facilities and supply chains for accessible luxury handbags, distinct from those for luxury or mass market handbags [2]. - The internal competition perception between Coach and Michael Kors was acknowledged, while the brands were not considered in direct competition with luxury or mass market handbags [2]. - The acquisition of Capri by Tapestry was primarily aimed at consolidating brands within the accessible luxury handbag market to reduce competition and increase prices [2]. - The risk of regulatory actions or the acquisition being blocked was allegedly higher than represented by the defendants [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by February 21, 2025, to participate in the case without any cost or obligation [3]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [3]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and illegal business practices [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Capri Holdings Limited ("Capri Holdings" or the "Company") (NYSE: CPRI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Capri Holdings investors who were adversely affected by alleged securities fraud between August 10, 2023 and October 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/capri-ho ...

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Capri Holdings Limited (NYSE: CPRI), Tapestry, Inc., and certain of Capri and Tapestry’s senior executives for potential violations of the federal securities laws. If you invested in Capri, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/capri-holdings-limited. Investors have until February 21, 2025, to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35368 CAPRI HOLDINGS LTD (Exact Name of Registrant as Specified in Its Charter) British Virgin Islands N/A (State or other jurisdiction ...

Capri Holdings Limited (CPRI) has posted drab third-quarter fiscal 2025 results, wherein the top and bottom lines declined year over year. Total revenues surpassed the Zacks Consensus Estimate, while earnings missed the same. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company's business faced challenges during the quarter, and the results have been disappointing. The company is re-evaluating its strategies to improve current sales trends. Its performance is expected to improv ...

Capri Holdings Limited (NYSE:CPRI) Q3 2025 Earnings Call February 5, 2025 8:30 AM ET Company Participants Jennifer Davis - VP, IR John D. Idol - Chairman and CEO Thomas J. Edwards, Jr. - EVP, CFO, and COO Conference Call Participants Simeon Siegel - BMO Capital Markets Robert Drbul - Guggenheim Securities Irwin Boruchow - Wells Fargo Securities Brooke Roach - Goldman Sachs Oliver Chen - TD Cowen Paul Lejuez - Citigroup Inc. Dana Telsey - Telsey Advisory Group Operator Greetings and welcome to the Capri Hold ...

Capri Holdings (CPRI) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this luxury retailer would post earnings of $0.74 per share when it actually produced earnings of $0.65, delivering a surprise of -12.16%.Over the last four quarters, the ...

Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging operating environment.Capri Holdings Limited (CPRI 0.33%), a global fashion luxury group known for its brands Versace, Jimmy Choo, and Michael Kors, released its third-quarter earnings on February 5, 2025. The company faced significant headwinds as it reported adjusted EPS of $0.45—a notable miss against analysts’ expectations of $0.657. The revenue of $1.26 billion exceeded forecasts of $1 ...