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Revenue fell 5.5% but operating income surged 55%, showing how pricing discipline and cost control are reshaping profitability.
Capri Holdings (CPRI) recently reported a strong fiscal second quarter combined with a sizable share repurchase program, surpassing earnings expectations, raising guidance, and retiring more than 10.3 million shares over a few months.
Capri Holdings walked into this Q2 FY2027 report with a value label on the stock and a luxury discount in the P/E multiple. Then the market ripped the price 16.3% higher in one session to about $18.68. That kind of jump invites a hard question.
Capri Holdings’ Michael Kors is in turnaround mode as demand for Jimmy Choo strengthens, partly thanks to Taylor Swift.
Key TakeawaysCapri Holdings jumped 17% after fiscal second-quarter adjusted EPS of $0. 42 doubled the $0.
Capri Holdings Ltd (NYSE:CPRI) was one of the few stocks to buck a broad Wall Street sell-off on Friday, with shares surging nearly 16% after the luxury fashion group reported better-than-expected quarterly earnings and raised its full-year financial outlook.
Capri (NYSE:CPRI) reported second-quarter fiscal 2027 results above its expectations and raised its full-year revenue and earnings outlook, citing improving sales trends at Michael Kors and continued momentum at Jimmy Choo.
Capri Holdings' (CPRI) shares surged Friday after the luxury fashion company delivered a 100% quarte
While the top- and bottom-line numbers for Capri Holdings (CPRI) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.