Analysts expect Capri Holdings to report Q2 2026 revenue of approximately $756.6 million and EPS of $0.40, with the stock currently trading at $16.18 against a $24.21 average price target. The central focus for investors is the stabilization of the Michael Kors brand following the company's $1.375 billion sale of Versace to Prada.
Management is under pressure to prove that its "classic retail turnaround" can drive higher full-price selling and improved inventory productivity after the failed Tapestry merger. Despite revenue projected to decline year-over-year, investors are looking for gross margin expansion as the group refocuses on its core Michael Kors and Jimmy Choo labels.