Capri Holdings Ltd’s shares fell to a 52-week low of $13.61 on Tuesday, extending a year-to-date decline of 44% as the luxury fashion conglomerate cut its full-year sales outlook.
The stock closed at $13.65 on Aug. 21, slightly above the intraday low, after a first-quarter earnings beat. Adjusted earnings per share reached $0.67, surpassing Wall Street’s forecast of $0.39, while revenue totaled $769 million against expectations of $757 million. The outperformance was attributed to stronger margins and tighter cost controls.
Despite the positive results, Capri Holdings revised its full-year sales guidance downward, signaling caution amid broader retail challenges. The company’s shares have fallen nearly 52% from their 52-week high of $28.27 and are down 36.01% over the past year.
Valuation metrics reflect the stock’s decline. The price-to-earnings ratio stands at 17.78, while the PEG ratio is 0.15. InvestingPro ranks Capri Holdings among its most undervalued stocks, assigning a perfect Piotroski score of 9 and noting gross margins of 63%.
