Capri Holdings Ltd
CPRI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.r | LOCK|^! | LOCK|>!^yl%t |
Capri Earnings: Progress in Building Brand Health Despite Near-Term Issues; Shares Attractive
Capri's first-quarter sales fell 3.5% as a 7.1% decrease from Michael Kors (77% of total) offset a 10.5% rise from Jimmy Choo (23%). Gross margin increased 2 percentage points to 65% and adjusted operating margin improved to 3.6% from 2.5%.
