UPDATE 2-Capri furloughs all N.America retail staff, sees stores opening around June 1 [Reuters]
Capri Holdings Limited Ordinary Shares (CPRI)
Last capri holdings limited ordinary shares earnings: 2/5 06:30 am
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Source: Reuters
Capri furloughs all North America retail staff, sees stores opening around June 1 (Reuters) - Capri Holdings Ltd ( CPRI.N ) will furlough all its 7,000 retail staff in North America due to the coronavirus outbreak and expects to reopen stores around June 1, the owner of Michael Kors and Versace brands said on Monday. The company’s shares, which have lost more than three-quarters of their value this year, rose nearly 28%, as broader markets rallied on hopes that the pandemic was leveling-off in some of the hardest-hit regions. Shares of rival and Coach owner Tapestry Inc ( TPR.N ) were up about 16%. Many store-based U.S. retailers, including Kohl’s Corp ( KSS.N ), Macy’s Inc ( M.N ) and Gap Inc ( GPS.N ), have indefinitely shut their stores and furloughed tens of thousands of employees, while tapping their credit lines to shore up cash to ride out the hit from the outbreak. Capri, which had a total of about 17,800 employees at the end of fiscal 2019, said the furloughed emplo
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CPRI
News
- Tapestry (TPR) Stock Rises 62.5% in Six Months: Here's How [Yahoo! Finance]Yahoo! Finance
- Vera Bradley: Stitching Together An Opportunity [Seeking Alpha]Seeking Alpha
- Capri Holdings Limited (NYSE: CPRI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Capri Holdings ticks lower amid notice for FTC closed door meeting on Thursday [Seeking Alpha]Seeking Alpha
- Capri Holdings (NYSE:CPRI) investors are sitting on a loss of 16% if they invested three years ago [Yahoo! Finance]Yahoo! Finance
CPRI
Earnings
- 2/8/24 - Miss
CPRI
Sec Filings
- 2/13/24 - Form SC
- 2/9/24 - Form SC
- 2/8/24 - Form 10-Q
- CPRI's page on the SEC website