Capri Holdings (CPRI) Gains As Market Dips: What You Should Know

Capri Holdings (CPRI) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

In the latest trading session, Capri Holdings (CPRI) closed at $66.01, marking a +0.14% move from the previous day. This move outpaced the S&P 500’s daily loss of 0.72%.

Capri Holdings (CPRI) Gains As Market Dips: What You Should Know – Zacks

Heading into today, shares of the luxury retailer had gained 4.2% over the past month, outpacing the Retail-Wholesale sector’s loss of 2.61% and the S&P 500’s gain of 0.11% in that time.

Investors will be hoping for strength from Capri Holdings as it approaches its next earnings release. The company is expected to report EPS of $1.67, up 1.21% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.47 billion, up 12.57% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.33 per share and revenue of $5.41 billion….

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