Capri Holdings Limited Announces Fourth Quarter and Annual Fiscal 2019 Results

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Capri Holdings (CPRI) PT Lowered to $40 at Cowen

May 30, 2019 7:35 AM EDT

Cowen analyst Oliver Chen lowered the price target on Capri Holdings (NYSE: CPRI) to $40.00 (from $50.00) while maintaining a Market Perform rating.

Chen commented, "The Michael Kors brand faces a weaker NA accessories market of flat to slightly down, watch/jewelry... More

Capri Holdings (CPRI) PT Lowered to $40 at Credit Suisse

May 30, 2019 7:08 AM EDT

Credit Suisse analyst Michael Binetti lowered the price target on Capri Holdings (NYSE: CPRI) to $40.00 (from $52.00) while maintaining a Neutral rating following the company's 4Q earnings report. F4Q EPS beat ($0.62 vs. Street $0.61) as a lower tax rate (11% vs 20% guide)... More

Capri Holdings (CPRI) PT Lowered to $54 at Needham & Company

May 30, 2019 6:47 AM EDT

Needham & Company analyst Rick Patel lowered the price target on Capri Holdings (NYSE: CPRI) to $54.00 (from $61.00) while maintaining a Buy rating.

Patel commented, "We attribute CPRI's 9.9% stock pullback yesterday (the S&P 500 was down 0.7%) to the Michael Kors (MK) brand,... More

Capri Holdings Limited (CPRI) Tops Q4 EPS by 2c, Offers FY Guidance

May 29, 2019 6:32 AM EDT

Capri Holdings Limited (NYSE: CPRI) reported Q4 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.33 billion.

GUIDANCE:

Capri Holdings Limited sees FY2020 EPS of $4.95, versus the consensus of... More