|Bid||14.77 x 900|
|Ask||15.45 x 800|
|Day's Range||14.64 - 15.56|
|52 Week Range||5.42 - 39.90|
|Beta (5Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 04, 2020 - Nov. 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.48|
Good morning, everyone, and thank you for joining us on Capri Holdings Limited's First Quarter Fiscal 2021 Conference Call. With me this morning are Chairman and Chief Executive Officer, John Idol; and Chief Financial and Chief Operating Officer, Tom Edwards.
Shares of Capri Holdings (NYSE: CPRI) were trading higher on Wednesday, after the company reported a narrower-than-expected quarterly loss and said that demand in China and online has been strong. Shares of the company, which owns the Michael Kors, Jimmy Choo, and Versace luxury brands, were up about 12.3% from Tuesday's close as of 2:30 p.m. EDT on Wednesday. Capri Holdings reported earnings for the quarter that ended on June 27, the first quarter of its 2021 fiscal year, and the results were better than Wall Street had expected.
Perhaps there is more behind the impressive run in gold prices than simply fears of a lingering U.S. recession.