Capri Holdings Stock Fair Value – CAPRI HOLDINGS Reports Q2 FY2024 Earnings Results for November 9 2023
November 22, 2023
🌥️Earnings Overview
CAPRI HOLDINGS ($NYSE:CPRI) reported total revenue of USD 1291.0 million for the second quarter of FY2024, ending on November 9 2023, which was an 8.6% decrease compared to the same period in the previous year. Net income for the period was USD 90.0 million, down 59.8% from the same quarter in 2023. This data was released on September 30 2023.
Stock Price
On Thursday, November 9 2023, CAPRI HOLDINGS reported their quarterly earnings results for the second quarter of FY2024. The company opened the day at $48.5 and closed at $48.2, a slight decrease in stock value. This was attributed to robust online sales and cost savings initiatives implemented during the quarter. CAPRI HOLDINGS attributed part of the success to investments in new technology and their focus on creating a more efficient product pipeline.
Additionally, the company is investing in research and development activities to further strengthen their offering and to ensure continuous innovation. Going forward, CAPRI HOLDINGS plans to continue to invest in new technology and expand their reach into new markets. They are focused on creating an agile and resilient business model that is able to withstand changing market conditions. The company also plans to invest in marketing and advertising efforts to better reach global audiences and to continue driving growth. Overall, CAPRI HOLDINGS is well-positioned to capitalize on growth opportunities for the remainder of FY2024. With a strong balance sheet and an impressive portfolio of offerings, CAPRI HOLDINGS is poised to take advantage of favorable market conditions in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Capri Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 5.37k | 329 | 9.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Capri Holdings. More…
| Operations | Investing | Financing |
| 635 | -230 | -369 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Capri Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.35k | 5.43k | 16.45 |
Key Ratios Snapshot
Some of the financial key ratios for Capri Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 33.7% | 9.5% |
| FCF Margin | ROE | ROA |
| 7.5% | 17.1% | 4.3% |
Analysis – Capri Holdings Stock Fair Value
At GoodWhale, we believe in making the stock market a better place. We’re proud to announce that, after conducting a thorough analysis of CAPRI HOLDINGS, our proprietary Valuation Line values the company’s share at around $61.4. This means that the current market value of $48.2 is undervalued by approximately 21.5%. We believe that this presents a great opportunity for investors to capitalize on the current market conditions and purchase stock in CAPRI HOLDINGS at a discount to its intrinsic value. Our team looks forward to continuing to monitor CAPRI HOLDINGS and other similar stocks to help investors make data-driven decisions. More…
Peers
The fashion industry is extremely competitive, with companies constantly vying for market share. Capri Holdings Ltd is no exception, and must compete against other major players such as Dazzle Fashion Co Ltd, PVH Corp, and Sub-Urban Brands Inc. In order to stay ahead of the competition, Capri Holdings Ltd must continually innovate and offer consumers unique and desirable products.
– Dazzle Fashion Co Ltd ($SHSE:603587)
Dazzle Fashion Co Ltd is a fashion company with a market cap of 6.76B as of 2022. The company has a Return on Equity of 11.66%. The company designs, manufactures, and markets women’s apparel and accessories. The company offers a wide range of products including dresses, tops, bottoms, outerwear, and swimwear. The company operates in two segments: wholesale and retail. The wholesale segment consists of sales to department stores, specialty stores, and e-commerce platforms. The retail segment consists of sales through the company’s own e-commerce platform and brick-and-mortar stores.
– PVH Corp ($NYSE:PVH)
PVH Corp is a publicly traded company with a market capitalization of 3.08 billion as of 2022. The company has a return on equity of 11.85%. PVH Corp is a holding company that operates through its subsidiaries. The company’s businesses include Calvin Klein and Tommy Hilfiger, which design, market, and distribute men’s, women’s, and children’s apparel; and Van Heusen, which designs and markets dress shirts, sportswear, neckwear, footwear, and other related products.
Summary
CAPRI HOLDINGS reported a total revenue of USD 1291.0 million for the second quarter of FY2024, showing an 8.6% decrease year over year. Net income for the quarter was USD 90.0 million, a decrease of 59.8% compared to the same period the previous year. This indicates that CAPRI HOLDINGS is not performing well and investors should be cautious when investing in the company. In addition, investors should review the company’s financial statements, business strategies, and compare its performance to its peers to gain a better understanding of CAPRI HOLDINGS’ financial health and potential future growth prospects.
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