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Capri Holdings Limited (CPRI)

NYSE - NYSE Delayed Price. Currency in USD
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52.39+4.69 (+9.83%)
At close: 4:00PM EST
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  • F
    Frank
    Any news to trigger today's price raise?
  • P
    PaulB
    $MYTE conversation
    Good day for buying.
    Luxury consumers shopped online more than ever in the past year, forced by coronavirus-related restrictions to stay away from city-center stores and airport duty-free concessions.
    e-commerce sales have skyrocketed, with many if not most brands reporting increases in online revenue.
    Online sales at Gucci's parent company Kering, for example, more than doubled in the third quarter, the last period it reported on. They rose by two-thirds at German premium-apparel company Hugo Boss AG in the same period, and increased by triple figures at Swiss group Cie. Financière Richemont SA in the second half of its fiscal year. As a whole, online luxury sales almost doubled in 2020 to account for 23% of the market, Bain & Company said in a recent report with Italian trade association Altagamma.
    Online channels will account for a third of total luxury sales by 2025, from 12% in 2019.
    "The pandemic has fast-forwarded changes that were already happening in the online world," said Francesca DiPasquantonio, Deutsche Bank's head of global luxury research. "Companies that were already better positioned and had invested [in the online channel] since a long way back, they've found themselves in the best place to benefit from this shift. Companies that have neglected this channel find it hard to catch up," she said.
    The global luxury goods market is expected to grow with a CAGR of 10% from 2019 to 2024.
    Earnings Date: 2/25/21
    $CPRI $TPR $LVMHF $JWN $WSM $FTCH
  • J
    Jose
    After $49 this thing will fly. 🚀🌚
  • P
    Prgnsft
    No news
    Just overall retail roping through the market
    Just part of the reopening trade and sell off of tech
    Likely this is just a trade
    May have another leg up to 55 -56 but will likely retest 50 again in the future
    Just seems like the computers are running the market and it’s retail time
    Only time will tell if the results really support it
    I think it will, as they have taken so
    many costs out of the business I think that this year they could bank eps of over 4 bucks
    IMO
  • Y
    Yahoo Finance Insights
    Capri is up 7.19% to 51.13
  • S
    Shaggy
    Nice profit beat though the revenue miss means that the open and the end of day may look completely different from each other. Over exuberance in the morning and reality in the evening. I would just warn people trying to buy in at these prices at the open, you may see a major drop over the day.
  • Y
    Yahoo Finance Insights
    Capri reached a 52 Week high at 47.60
  • A
    Anonymous
    This is large holding in a fun I own SVCTF , how well do you all think this company is run? How bullish are you its prospects compared to the market as a whole?
  • s
    stocktargetadvisor
    $CPRI
    Maintains Morgan Stanley Overweight USD 46 » USD 53
    Target Raised by Barclays Overweight USD 50 » USD 52
  • Y
    Yahoo Finance Insights
    Capri is down 5.13% to 45.47
  • m
    mike
    Buy COTY guys. Easily huge gain.
  • Y
    Yahoo Finance Insights
    Capri is up 7.42% to 45.90
  • S
    Shaggy
    Funny how everyone loves Grasso now, remember how many times he pumped it. I personally like the company though think it has become overextended given the current situation. I think with corporate taxes likely to go up as well as income taxes on higher wage earners who are mostly MK, Jimmy Choo or even Versace type shoppers that it will have a longer term drag on the stock.
  • Y
    Yahoo Finance Insights
    Capri is down 5.13% to 44.77
  • p
    pcnerd47
    The take in China must be incredible for CPRI.
  • g
    grishania
    why is it down today?
  • J
    Juhain
    Silver Spike Acquisition Corp.
    Steve Grasso in Twitter:

    Wednesday 1/6/21 first day back on air @CNBCFastMoney looking forward to it! Still own all my favorites names $BFT $STPK $TSE $CPRI $WRK $OLN among others. Bought $AAPL recently still holding.
  • Y
    Yahoo Finance Insights
    Capri is down 5.12% to 43.51
  • S
    Sonu
    why is it dropping AH?
  • p
    pcnerd47
    Tomorrow is last half-day of trading for the year.....which has been up big since March. Profit taking is inevitable but, the luxury economy and cruising haven't even begun to roar. There are a LOT of rich people.