Key Highlights

  • Capri Holdings (NYSE:CPRI) traded at USD 21.03 in a published screener snapshot on November 5, 2026, up 36.01% over one week and 47.35% over one month, leading both Mid cap lists, with a 40.18% three month gain and 11.97% over six months.
  • Second quarter fiscal 2027 Revenue slipped 5.5% to USD 809 million, while adjusted EPS swung to USD 0.42 from a loss of USD 0.03 and gross Margin widened to 63.3% from 61.0%.
  • Management raised fiscal 2027 guidance to about USD 3.42 billion of revenue, roughly USD 175 million of Operating Income and diluted EPS of about USD 2.20.
  • Buybacks totaled about 10.3 million shares, worth USD 150 million, in the quarter, while net Debt came down to USD 336 million from USD 1.6 billion twelve months earlier.

Second Quarter Results Reset Expectations

Capri Holdings (NYSE:CPRI) reported second quarter fiscal 2027 results on October 30, 2026, covering the quarter ended September 26. Revenue of USD 809 million trailed USD 856 million a year earlier, though roughly USD 20 million of wholesale sales moved forward from the third quarter. Operating income reached USD 10 million compared with a loss of USD 12 million, adjusted operating income was USD 31 million, and Net Income came to USD 27 million, or USD 0.25 per diluted share. Michael Kors sales declined 8.6% to USD 663 million, while Jimmy Choo rose 11.5% to USD 146 million. The stock closed the snapshot at USD 21.03, down 0.95% in the latest session.

A Guidance Raise and Margin Repair Drive the Turnaround

Margins and cash carry more weight here than top-line growth. Operating Margin improved to 1.2% from minus 1.4%, adjusted margin reached 3.8% from 2.3%, and inventory fell 7% to USD 712 million. Third quarter guidance points to revenue near USD 1,005 million and EPS near USD 0.95. Fiscal 2027 guidance implies diluted EPS of about USD 2.20 on roughly 108 million shares. Cash generation was healthier, with USD 51 million from operations and USD 36 million of free cash flow. Capri Holdings closed the Versace sale on December 2, 2025 and still holds USD 721 million of repurchase authorization. Published coverage singled out the guidance raise as the trigger.

Valuation Stretch and Revenue Pressure Ahead

A stock up 47.35% over one month can reverse quickly. Using about 108 million diluted shares and USD 21.03, the calculated Market Value is roughly USD 2.3 billion, which is inside the mid cap range of USD 2 billion to USD 10 billion yet close to the bottom. Divide the USD 21.03 price by the roughly USD 2.20 guided EPS and the multiple lands near 9.6, a calculation rather than a reported figure. Repurchases averaged about USD 14.56 a share, leaving the current price about 44% higher. Americas revenue fell to USD 447 million from USD 491 million, tariffs of 10% to 12.5% are assumed, and cash of USD 125 million sits against USD 461 million of borrowings. Year to date performance and average Volume were not captured.

Where Things Stand

Capri Holdings (NYSE:CPRI) jumped because its October 30, 2026 quarter swung profit positive while management lifted the fiscal 2027 outlook to EPS near USD 2.20. A published screener snapshot from November 5, 2026 places it first among mid cap gainers over one week and one month, with the 1M advance at 47.35% and the shares at USD 21.03.