Capri Holdings Ltd
CPRI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.F% | LOCK|D& | LOCK|nq!!<n< |
Capri Earnings: Encouraging Signs of Stability As Expectations Exceeded; Shares Very Attractive
Sales of both Michael Kors (80% of total) and Jimmy Choo (20%) decreased 6% in Capri's fiscal 2026 first quarter. The firm's adjusted operating margin fell 120 basis points to 2.5%, but adjusted EPS rose to $0.50 from $0.16. Versace was treated as a discontinued operation given its impending sale.
