Capri Holdings Limited Announces Third Quarter Fiscal 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
- Tesla acquires AI hardware company for up to $2 billion in stock
- Delta Air Lines (DAL) Raises Quarterly Dividend 14.7% to $0.2150; 1% Yield
Capri Holdings (CPRI) PT Raised to $60 at Wells Fargo Following EPS Beat
February 3, 2021 1:16 PM ESTWells Fargo analyst Ike Boruchow raised the price target on Capri Holdings (NYSE: CPRI) to $60.00 (from $50.00) while maintaining an Overweight rating following strong results.
The analyst commented, "Valuation remains relatively inexpensive and CPRI remains a top recovery name in our space. All 3... More
Capri Holdings Limited (CPRI) Tops Q3 EPS by 64c
February 3, 2021 6:32 AM ESTCapri Holdings Limited (NYSE: CPRI) reported Q3 EPS of $1.65, $0.64 better than the analyst estimate of $1.01. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.33 billion.
Third Quarter Fiscal 2021 Highlights
Revenue decline of 17%, a sequential improvement relative to the second quarterE-commerce sales improved sequentially, increasing 65%Positive retail sales in Asia across all luxury houses, led by double digit growth in Mainland ChinaDouble-digit global retail sales growth at VersaceAdjusted gross margin expansion of 520 basis points versus prior yearAdjusted operating margin expansion of 290... More