Capri (NYSE:CPRI) Releases Earnings Results, Beats Expectations By $0.11 EPS

Posted by Chris Copeland on May 28th, 2026

Capri (NYSE:CPRI – Get Free Report) released its earnings results on Wednesday. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.11, FiscalAI reports. The firm had revenue of $796.00 million during the quarter, compared to the consensus estimate of $800.04 million. Capri had a negative return on equity of 430.23% and a negative net margin of 13.57%.The company’s revenue was down 23.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($4.90) EPS. Capri updated its FY 2027 guidance to 2.150-2.150 EPS and its Q1 2027 guidance to 0.400-0.400 EPS.

Here are the key takeaways from Capri’s conference call:

Capri said fiscal 2026 marked a turnaround, with the company returning to profitability and generating positive free cash flow, while also completing the sale of Versace to strengthen the balance sheet.
Fourth-quarter revenue fell 3.7% to $796 million, but gross margin expanded sharply and EPS rose to $0.22, helped by stronger full-price sell-throughs, higher AURs, and a tariff refund benefit.
Michael Kors showed improving consumer trends in full-price retail, with positive comparable sales in the quarter, better traffic, and early success from brand storytelling, product refreshes, and store renovations.
Jimmy Choo returned to growth in the back half of fiscal 2026, and management said the brand is positioned to return to profitability in fiscal 2027 as accessories and casual footwear gain traction.
For fiscal 2027, Capri guided to low single-digit revenue growth, about 200 basis points of gross margin expansion, roughly 60% operating income growth, and EPS of about $2.15, while continuing share repurchases and store investments.

Capri Price Performance

Shares of CPRI stock opened at $18.25 on Thursday. The company has a quick ratio of 0.52, a current ratio of 1.14 and a debt-to-equity ratio of 2.07. Capri has a twelve month low of $16.22 and a twelve month high of $28.26. The company has a market cap of $2.17 billion, a P/E ratio of -4.28, a P/E/G ratio of 0.29 and a beta of 1.43. The business has a fifty day simple moving average of $18.77 and a 200 day simple moving average of $21.53.

Wall Street Analysts Forecast Growth

CPRI has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their target price on Capri from $27.00 to $21.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 4th. BTIG Research restated a “buy” rating and set a $30.00 price objective on shares of Capri in a research report on Friday, January 30th. Robert W. Baird upgraded Capri from a “neutral” rating to an “outperform” rating and set a $26.00 price objective for the company in a research report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of Capri in a research report on Wednesday, February 4th. Finally, Raymond James Financial restated an “outperform” rating on shares of Capri in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $25.92.

Read Our Latest Report on CPRI

Capri News Roundup

Here are the key news stories impacting Capri this week:

Positive Sentiment: Capri posted adjusted EPS of $0.22 for fiscal Q4, more than double the $0.11 consensus estimate, signaling better-than-expected earnings performance. Article: Capri Holdings (CPRI) Q4 Earnings Surpass Estimates
Positive Sentiment: The company raised FY27 EPS guidance to $2.15, above Wall Street’s estimate of $1.85, suggesting management sees continued earnings improvement ahead. Article: Capri Holdings Limited (CPRI) Q4 2026 Earnings Call Transcript
Positive Sentiment: Investors also reacted to unusual bullish options activity, with call volume surging well above normal, which can reflect speculative optimism around the stock.
Neutral Sentiment: Management’s Q1 FY27 EPS outlook of $0.40 topped expectations, but revenue guidance of $750 million came in below the consensus estimate of about $792.7 million, keeping the sales outlook cautious. Article: Capri Holdings Limited Announces Fourth Quarter and Full Year Fiscal 2026 Results
Negative Sentiment: Fourth-quarter revenue of $796 million missed expectations slightly and fell 23.1% year over year, reinforcing concerns that top-line growth remains weak despite the earnings beat. Article: Capri Holdings reports mixed financial results for the fourth quarter

Insider Buying and Selling at Capri

In other Capri news, CEO John D. Idol acquired 55,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was acquired at an average cost of $17.98 per share, for a total transaction of $988,900.00. Following the transaction, the chief executive officer directly owned 2,257,645 shares in the company, valued at $40,592,457.10. This represents a 2.50% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Capri

A number of institutional investors and hedge funds have recently bought and sold shares of CPRI. Arrowstreet Capital Limited Partnership acquired a new position in Capri in the 4th quarter worth about $53,759,000. State Street Corp increased its holdings in Capri by 19.3% in the 2nd quarter. State Street Corp now owns 4,479,231 shares of the company’s stock worth $79,282,000 after purchasing an additional 724,967 shares in the last quarter. Rubric Capital Management LP acquired a new position in Capri in the 4th quarter worth about $16,470,000. Jain Global LLC acquired a new position in Capri in the 4th quarter worth about $11,491,000. Finally, Bank of America Corp DE increased its holdings in Capri by 125.2% in the 2nd quarter. Bank of America Corp DE now owns 693,849 shares of the company’s stock worth $12,281,000 after purchasing an additional 385,785 shares in the last quarter. Institutional investors and hedge funds own 84.34% of the company’s stock.

About Capri

(Get Free Report)

Capri Holdings Limited (NYSE: CPRI) is a global luxury fashion company that designs, markets and distributes a range of premium lifestyle products. The company’s principal brands—Michael Kors, Versace and Jimmy Choo—offer handbags, ready-to-wear apparel, footwear, watches, jewelry, fragrance and other accessories. Capri Holdings combines in-house design talent with international sourcing, manufacturing and retail operations to deliver collections that reflect each brand’s distinct heritage and aesthetic vision.

Formed in 2018 through the rebranding of Michael Kors Holdings following the acquisition of Versace, Capri has since integrated Jimmy Choo into its portfolio.