Capri Holdings Ltd
CPRI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.& | LOCK|<!X | LOCK|Yyw#!@ |
Capri Earnings: Results Provide Confidence in Michael Kors Turnaround; Shares Very Undervalued
Capri's fiscal 2026 second-quarter sales dropped 2.5% on declines of 1.8% and 6.4% at Michael Kors (86% of total) and Jimmy Choo (14%), respectively. Gross profit fell 130 basis points to 61% due to higher tariffs, while adjusted operating margin dropped 190 basis points to 2.3%.
