Capri Holdings Q3 Earnings Announcement Scheduled
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Should l Buy CPRI?
Source: seekingalpha
- Earnings Release Date: Capri Holdings is set to announce its Q3 earnings on February 3 before market open, with a consensus EPS estimate of $0.78, reflecting a significant year-over-year increase of 73.3%, indicating strong profitability potential.
- Revenue Expectations Decline: Despite the robust EPS forecast, the revenue estimate stands at $1 billion, representing a 20.6% year-over-year decline, suggesting potential challenges in market demand that could impact overall performance.
- Historical Performance Review: Over the past two years, Capri has only beaten EPS estimates 25% of the time while exceeding revenue estimates 63% of the time, highlighting volatility in the company's revenue forecasts.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen 11 upward revisions with no downward adjustments, indicating analyst confidence in profitability, while revenue estimates have faced 4 upward revisions and 8 downward adjustments, reflecting market concerns about revenue growth.
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Analyst Views on CPRI
Wall Street analysts forecast CPRI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CPRI is 26.73 USD with a low forecast of 22.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
6 Buy
9 Hold
0 Sell
Moderate Buy
Current: 19.670
Low
22.00
Averages
26.73
High
32.00
Current: 19.670
Low
22.00
Averages
26.73
High
32.00
About CPRI
Capri Holdings Limited is a global fashion luxury company, consisting of brands, such as Michael Kors and Jimmy Choo. Its Michael Kors segment includes the sale of Michael Kors products through four primary Michael Kors retail formats: Collection stores, Lifestyle stores (including concessions), outlet stores and e-commerce sites, through which it sells Michael Kors products, as well as licensed products bearing the Michael Kors name, directly to consumers throughout the Americas, certain parts of EMEA and certain parts of Asia. It also sells Michael Kors products directly to department stores, primarily located across the Americas and Europe, to specialty stores and travel retail shops, and to its geographic licensees. Its Jimmy Choo segment includes the sale of Jimmy Choo luxury footwear, handbags and small leather goods through directly operated Jimmy Choo retail and outlet stores throughout the Americas, certain parts of EMEA and certain parts of Asia, through its e-commerce sites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Significant Debt Reduction: The completion of the Versace sale allowed Capri to reduce net debt from $1.6 billion to $80 million, enhancing financial flexibility and supporting future strategic investments, which is crucial for long-term growth.
- Brand Strategy Adjustments: Revenue for Michael Kors declined by 5.6%, while Jimmy Choo saw a 5% increase, reflecting the company's efforts in brand repositioning and market strategy, which are expected to lay a solid foundation for sustainable growth.
- Optimistic Future Outlook: Management narrowed full-year fiscal 2026 revenue guidance to between $3.45 billion and $3.475 billion, with an anticipated gross margin of 61%, demonstrating confidence in future growth driven by ongoing strategic investments and disciplined cost management.
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- Significant Debt Reduction: The sale of Versace enabled Capri Holdings to reduce net debt to $80 million, down from $1.17 billion a year ago, enhancing financial flexibility and securing the foundation for future strategic investments.
- Differentiated Brand Performance: Michael Kors generated $858 million in revenue, a 5.6% decline, while Jimmy Choo's revenue increased by 5.0% to $167 million, indicating positive outcomes in brand portfolio management and potential for further resource optimization.
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See More
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- Strong Cash Flow: The company generated $271 million in cash flow from operating activities in Q3, with capital expenditures of $19 million, resulting in a robust free cash flow of $252 million, enhancing financial flexibility for future investments.
- Significant Debt Reduction: As of December 27, 2025, Capri's net debt decreased to $80 million from $1.17 billion a year earlier, indicating substantial progress in debt management and improving the company's balance sheet.
- Optimistic FY 2026 Outlook: Capri anticipates total revenue for FY 2026 to range between $3.45 billion and $3.475 billion, surpassing consensus estimates, with projected EPS of $1.30 to $1.40, reflecting strong confidence in future growth prospects.
See More
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- Diverse Brand Performance: Revenue for Michael Kors fell by 5.6%, while Jimmy Choo saw a 5% increase, suggesting effective brand management that may lead to increased investment in high-performing segments moving forward.
- Debt Management Success: Capri significantly reduced its debt levels to $80 million by utilizing proceeds from the Versace sale, demonstrating positive progress in financial stability that will facilitate future capital operations.
- Optimistic Outlook: The company anticipates FY26 total revenue between $3.45 billion and $3.475 billion, with adjusted EPS expected in the range of $1.30 to $1.40, reflecting a confident outlook for growth and a strategic foundation for sustainable performance.
See More
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- Significant Debt Reduction: The sale of Versace allowed Capri to reduce its net debt to $80 million, enhancing financial flexibility to support strategic investments in Michael Kors and Jimmy Choo, thereby increasing long-term shareholder value.
- Ongoing Brand Strategy: CEO John D. Idol noted that strategic initiatives for Michael Kors and Jimmy Choo are progressing steadily, with expectations to lay the groundwork for growth in Fiscal 2027, reflecting confidence in future market conditions.
- Cautiously Optimistic Outlook: Despite facing global macroeconomic uncertainties, Capri maintains an optimistic outlook for the future, emphasizing continued focus on the potential impacts of currency fluctuations and inflationary pressures on performance.
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