Capri Holdings Ltd (CPRI) faces a challenging quarter with a 12% revenue drop, while focusing on strategic pricing and brand repositioning to drive future growth.
Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like Michael Kors and Versace.
The world's largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name ...
Consumer companies fell after mixed earnings. Shares of Capri Holdings slid after Chief Executive John Idols conceded that steep price increases backfired, helping to induce a nearly 12% decline in ...
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
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Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
Capri Holdings Limited ( NYSE: CPRI) Q3 2025 Earnings Call February 5, 2025 8:30 AM ET Jennifer Davis - VP, IR John D. Idol - Chairman and CEO Thomas J. Edwards, Jr. - EVP, CFO, and COO ...
Capri Holdings Limited (NYSE:CPRI) shares are trading lower in the premarket session on Wednesday. The company reported that ...
As expected, the US fashion group Capri Holdings Limited suffered significant revenue losses in the third quarter of fiscal ...