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Stock impact report

Capri Q3 Earnings Call Highlights [Yahoo! Finance]

Capri Holdings Limited Ordinary Shares (CPRI) 
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
full-price sell-throughs and lower promotions that lifted “underlying” gross margin ~70 bps, although reported gross margin fell due to higher tariffs. The company completed the sale of Versace for about $1.4 billion in cash and used proceeds to slash debt, ending the quarter with roughly $80 million net debt versus ~ $1.6 billion the prior quarter, enabling prioritized brand investment and a planned $1 billion buyback program beginning in fiscal 2027. By brand, Michael Kors revenue declined mid-single digits but showed sequential improvement from stronger full-price selling and Gen Z traction in smaller bags, while Jimmy Choo grew ~5% with margin recovery (66.5% gross margin, 1.8% operating margin); management reiterated confidence in returning to revenue and earnings growth in fiscal 2027. Interested in Capri Holdings Limited? Here are five stocks we like better. As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum Capri (NYSE:CPRI) said its fiscal third-quarte Show less Read more
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