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-0.000435729847494621 -0.0021786492374728 -0.000867102396514308 -0.00435729847494559 0.0111111111111111 0.0122004357298474 -0.00348583877995651 -0.0143790849673203
Stock impact report

Capri Holdings: Outlet To Nowhere - Sell [Seeking Alpha]

Capri Holdings Limited Ordinary Shares (CPRI) 
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am Check Earnings Report
Company Research Source: Seeking Alpha
CPRI's recent results showed declining revenue, shrinking gross margins, and persistent declining and now even negative free cash flow, despite management's optimistic language. The announced $1 billion buyback appears unrealistic given Capri's negative free cash flow, raising concerns about financial priorities. With Versace being sold and the rest underperforming, CPRI remains stuck between luxury and value, making the stock unattractive until proven recovery. Michelle Brittain/iStock Editorial via Getty Images Intro Capri Holdings ( CPRI ) began in the 1980s, initially as Michael Kors, the ultimate accessible-luxury darling that turned handbags into a middle-class status symbol. It went public in 2011 Surfing on the wave This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it Show less Read more
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