Capri Holdings Sees Annual EPS Above Street Estimates as Michael Kors Turnaround Drives Strategy
Capri Holdings said it expects fiscal 2027 profit per share of about $2.15, above the $1.83 analysts' forecast compiled by LSEG, as management leans on a Michael Kors revival and full-price selling to counter slipping demand. The company also recorded a $65 million tariff refund tied to the International Emergency Economic Powers Act and saw its sh…