While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. For the quarter ended March 2024, Capri Holdings ...

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Capri Holdings (CPRI) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for ...

Table of Contents (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-----------------------------------------------------------------------------------------------|----------|------------------------| | (Exact Name of Registrant as Specified in \nCAPRI HOLDINGS LTD Virgin Islands | | Its Charter) \nN/A | | incorporation or organization) | | (I.R.S. Employer | | | | | | 90 Whitfield Street | | | | 2nd Floor | | | | London, United Kingdom | ...

London — May 29, 2024 — 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. • Adjusted earnings per share of $0.42 our dedicated employees around the world as Capri Holdings becomes part of a larger and more diversified company. By joining with Tapestry, our brands will have greater resources and capabilities to accelerate the expansion of their global reach while preserving their uniq ...

Wall Street analysts forecast that Capri Holdings (CPRI) will report quarterly earnings of $0.72 per share in its upcoming release, pointing to a year-over-year decline of 25.8%. It is anticipated that revenues will amount to $1.3 billion, exhibiting a decline of 3% compared to the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of thi ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

The Federal Trade Commission said Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition.This comes at a time when several US lawmakers have sought increased scrutiny from the FTC of several multi-billion dollar deals that might risk higher prices and affect consumers.US antitrust enforcers had also come out with new merger guidelines in December, in a bid to encourage fair, open and competitive markets. 3 Coach parent ...

The U.S. Federal Trade Commission on Monday sued to block the $8.5 billion acquisition of Capri Holdings by Coach and Kate Spade's parent company, Tapestry.The move by regulators brings at least a temporary halt to a deal that would marry two major names in American luxury retail and put six fashion brands under a single company: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's Versace, Jimmy Choo and Michael Kors. With the transaction, the luxury brands could be poised to better compete with Eu ...

Tapestry's Coach brand (Photo by Eduardo MunozAlvarez / VIEWpress via Getty Images)Corbis via Getty ImagesThe $8.5 billion Tapestry acquisition of Capri Holding deal announced last August is on ice, after the NYT Dealbook broke the news the Federal Trade Commission may sue to block the agreement.FTC commissioners will meet next week to take up the case, as they consider whether the acquisition could be in violation of anti-trust regulations. On a side note, the European Union and Japan have approved the acq ...