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via seekingalpha.comBusiness & Companies

Capri signals fiscal 2027 EPS of $2.20 on about $3.42B revenue as Michael Kors targets return to growth in Q4

FROM THE WIRE · SEEKINGALPHA.COM

Earnings Call Insights: Capri Holdings Limited (CPRI) Q2 fiscal 2027 MANAGEMENT VIEW * "We are encouraged by the momentum build at both Michael Kors and Jimmy Choo" (Chairman & CEO John Idol), adding that "new fall product introductions are generating some of the strongest full…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRaised fiscal 2027 revenue and EPS guidance can shift expectations for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Management increased its fiscal 2027 revenue and earnings per share guidance.
  2. 02Inventory delays reduced Michael Kors revenue by approximately 50 million dollars.
  3. 03New fall product introductions are generating some of the strongest full price sell-throughs in years.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Capri Holdings LimitedCPRIStock18.68 USDMarket closedtoday +16.31%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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