Published on 19 Jan 2022 on Zacks via Yahoo Finance
Capri Holdings (CPRI) closed the most recent trading day at $56.50, moving -1.02% from the previous trading session. This change lagged the S&P 500's 0.97% loss on the day. At the same time, the Dow lost 0.96%, and the tech-heavy Nasdaq gained 0.23%.
Heading into today, shares of the luxury retailer had lost 6.43% over the past month, lagging the Retail-Wholesale sector's loss of 5.18% and the S&P 500's loss of 0.78% in that time.
Investors will be hoping for strength from Capri Holdings as it approaches its next earnings release, which is expected to be February 2, 2022. In that report, analysts expect Capri Holdings to post earnings of $1.67 per share. This would mark year-over-year growth of 1.21%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.47 billion, up 12.57% from the year-ago period.