CPRI / Capri Holdings Is Still Attractive, Buy Reiterated

Rising rates, sticky inflation and the prospect of slowing consumer spending have sparked a flurry of deals in the fashion industry. more_horizontal

Capri Holdings (CPRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared more_horizontal

CPRI, CZWI and WIRE have been added to the Zacks Rank #5 (Strong Sell) List on August 28, 2023. more_horizontal

While Tapestry's acquisition of Capri Holdings makes sense on paper, numerous unquantifiable human factors will ultimately make or break its long-term more_horizontal

Tapestry CEO Joanne Crevoiserat says the portfolio of brands held by Capri is very promising and gives the company more access to higher-end luxury co more_horizontal

Tapestry (TPR), the parent company of luxury designer brands like Coach and Kate Spade, posts an all-around earnings miss in its fourth quarter, divul more_horizontal

Tapestry (TPR) announced it will spend $8.5 billion to buy its long-time rival Capri Holdings (CPRI), adding luxury brands Versace, Michael Kors, and more_horizontal

Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended June 2023, it might be worth co more_horizontal