Welcome to our dedicated page for Capri Holdings news (Ticker: CPRI), a resource for investors and traders seeking the latest updates and insights on Capri Holdings stock.
Capri Holdings Limited (NYSE: CPRI) regularly issues news and regulatory updates that provide insight into its operations as a global fashion luxury group. Company communications highlight developments across its portfolio of iconic brands, with recent disclosures focusing on Michael Kors and Jimmy Choo and on the completed sale of subsidiaries operating the Versace business to Prada S.p.A. News items also reflect Capri Holdings’ emphasis on glamorous style, craftsmanship and fashion luxury positioning.
Visitors to this CPRI news page can review earnings announcements, guidance updates and commentary from Capri Holdings’ leadership on trends affecting its fashion luxury houses. The company’s press releases cover quarterly and annual financial results, including discussions of revenue trends, margins and strategic initiatives. Capri Holdings also announces key corporate actions, such as the decision to sell Versace-related subsidiaries, the classification of Versace as a discontinued operation and the completion of that transaction.
In addition to financial results and transaction-related news, Capri Holdings publishes notices about upcoming earnings release dates, conference calls and participation in investor conferences. These updates often include details on how to access live webcasts and replays. Other communications describe board-approved programs, such as a multi-year share repurchase authorization, and provide context on the company’s review of strategic priorities and its focus on Michael Kors and Jimmy Choo.
For investors and followers of the fashion luxury sector, this news stream offers a centralized view of Capri Holdings’ public announcements, from financial performance and capital allocation decisions to portfolio changes and shareholder communications. Checking this page allows readers to see how the company describes its progress on strategic initiatives and how it presents its fashion luxury brands in the context of its overall corporate strategy.
Capri Holdings Limited (NYSE: CPRI) announced it will report its second quarter fiscal 2023 financial results on November 9, 2022, at 6:45 a.m. ET. A conference call will follow at 8:30 a.m. ET for discussion of the results. Interested participants can dial (877) 704-4453 or (201) 389-0920 (international). A live webcast will be accessible on www.capriholdings.com. A replay of the call will be available until November 16, 2022, via telephone and webcast.
Capri Holdings Limited (NYSE:CPRI) will have its CEO John D. Idol and CFO Thomas J. Edwards participate in a fireside chat at the Goldman Sachs 29th Annual Global Retailing Conference on September 8, 2022, at 10:30 AM ET in New York City. The event will be available via live webcast on the company's Investor Relations website, with a replay accessible afterward. Capri Holdings is a global luxury fashion group known for brands like Versace, Jimmy Choo, and Michael Kors.
Capri Holdings Limited (NYSE:CPRI) reported record first quarter results for Fiscal 2023, ending July 2, 2022. Revenue reached $1.36 billion, up 8.5% year-over-year, with 15.2% growth in constant currency. Adjusted earnings per share (EPS) were $1.50, exceeding expectations. Although gross margin slightly declined to 66.3%, adjusted operating margin improved to 18.5%. Notably, Versace and Jimmy Choo performed strongly, with revenues increasing 14.6% and 21.1% respectively. The company anticipates full-year revenue of approximately $5.85 billion.
Capri Holdings Limited (NYSE: CPRI) will report its first quarter fiscal 2023 financial results on August 9, 2022, at approximately 6:45 a.m. ET. A conference call is scheduled for 8:30 a.m. ET the same day to discuss these results. Interested participants can join via telephone or through a live webcast available on the Company’s website. A replay of the call will be accessible until August 16, 2022.
Capri Holdings Limited (NYSE: CPRI) will host an Investor Day on July 20, 2022, in New York City. The event will kick off at 10:00 a.m. ET and end around 1:00 p.m. ET, featuring presentations from the executive management team, including John Idol and Tom Edwards, along with leaders from its brands Versace, Jimmy Choo, and Michael Kors. In-person attendance requires invitation and registration, while a live video broadcast will be available on the Company’s Investor Relations website.
Capri Holdings Limited (NYSE:CPRI) reported record financial results for FY 2022, with revenue increasing 24.6% to $1.492 billion and adjusted EPS of $1.02. Strong performance across Versace, Jimmy Choo, and Michael Kors contributed to highest gross margin of 64.1% and an operating margin of 14.2%. The company authorized a new $1 billion share repurchase program. For FY 2023, Capri expects total revenue of approximately $5.95 billion, a 5% increase year-over-year, and aims for continued growth despite ongoing macro challenges.
Capri Holdings Limited (NYSE:CPRI) has launched The Versace Foundation with a $10 million commitment to promote LGBTQIA+ equality, wellness, and safety. Announced during Pride Month 2022, the foundation will collaborate with various organizations to support LGBTQIA+ culture and history. Chief Creative Officer Donatella Versace and CEO John D. Idol emphasized the importance of inclusivity and the mission to help the LGBTQIA+ community. This initiative aligns with Capri Holdings' commitment to diversity and inclusion.
Capri Holdings Limited (NYSE: CPRI) will announce its fourth quarter and fiscal year 2022 financial results on June 1, 2022, at approximately 6:45 a.m. ET. A conference call to discuss these results will take place the same day at 8:30 a.m. ET. Interested participants can join the call by dialing (877) 704-4453 or (201) 389-0920 for international calls, using conference ID 13729782. A live webcast will be available on the Company’s website, with a replay option offered until June 8, 2022.
Capri Holdings Limited (NYSE:CPRI) announced a donation of over €1 million in essential clothing from its brands, Versace, Jimmy Choo, and Michael Kors, to support those displaced by the war in Ukraine. The clothing will be distributed through local initiatives in Poland and Ukraine, utilizing collection points set up by Venlo Helps Ukraine. This initiative also involves logistics support from Rutilli, a transportation company, ensuring the seamless delivery of goods to refugees in need.
Capri Holdings Limited (NYSE:CPRI) announced the appointment of Emmanuel Gintzburger as the new Chief Executive Officer of Versace, effective September 12, 2022. Gintzburger previously served as CEO of Alexander McQueen and held senior roles at Saint Laurent and Lanvin. This leadership change aims to accelerate Versace’s growth and enhance its market position. Chairman John D. Idol expressed confidence in Gintzburger's capabilities to drive the brand's success.