Capri Holdings Limited (CPRI) Stock Price & How to Invest

Capri Holdings (NYSE: CPRI) is a global fashion luxury group that, following the completed sale of Versace to Prada for about $1.375 billion in December 2025, now operates two brands: accessible-luxury label Michael Kors and British footwear-and-accessories house Jimmy Choo. Michael Kors is the anchor, generating the large majority of revenue through handbags, apparel, watches and licensed products across retail, wholesale and licensing channels worldwide. Jimmy Choo is a smaller, higher-end shoe and accessories brand that has been running at an operating loss.

The investment picture is a turnaround. Group revenue fell to roughly $3.47 billion in fiscal 2026 (year ended around March 2026), continuing multi-year declines as demand for accessible-luxury handbags softened and the company deliberately pruned lower-quality sales. Management used Versace proceeds to repay the majority of debt, sharply cutting leverage, and is guiding for modest revenue growth and a large jump in operating income in fiscal 2027 as margins recover and Jimmy Choo returns to profitability. The market has kept the valuation depressed, reflecting doubt about whether the two remaining brands can actually reaccelerate.

Both remaining brands have been shrinking, and there is no guarantee the guided reacceleration materializes if accessible-luxury demand stays weak. Michael Kors is exposed to fashion cyclicality, discounting pressure and brand fatigue, while Jimmy Choo has a track record of losses. The trailing-twelve-month period included very large impairment and divestiture losses, so reported profitability has been deeply negative. Broader risks include soft consumer spending, tariffs and currency swings, and the execution risk inherent in any multi-brand turnaround. Wall Street sentiment has remained skeptical, keeping the multiple compressed.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Capri Holdings Limited's investor relations page or your broker.

• Revenue (FY2026): ~$3.47B
• Q4 FY2026 revenue: ~$796M
• FY2027 revenue guidance: ~$3.525B
• FY2027 EPS guidance: ~$2.15
• Market cap: ~$2.3B
• Versace sale proceeds: ~$1.375B

Fiscal 2026 revenue of about $3.47 billion continued a multi-year decline, and the trailing period carried large impairment and divestiture losses that pushed reported net income deeply negative. The forward story rests on fiscal 2027 guidance for modest revenue growth, roughly $190 million of operating income and about $2.15 of EPS. At a market cap near $2.3 billion, the stock trades as a depressed, show-me turnaround.

There are three common ways to get CPRI exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so CPRI sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where CPRI fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

Capri is a slimmed-down, deleveraged turnaround bet on reviving Michael Kors and Jimmy Choo, with the market still skeptical that the brands can grow.

Whether CPRI is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is CPRI a buy?, and where the stock could go from here in the CPRI stock forecast.

For income investors, whether CPRI pays a dividend and how the payout looks is covered in does CPRI pay a dividend?