Why did CPRI miss earnings forecasts in Q2 2025?

Capri Holdings (CPRI) likely missed earnings forecasts in Q2 2025 due to a combination of factors:

1. Challenging Retail Environment: The company is facing a difficult retail environment, which has impacted its performance. The decline in stock price to a 52-week low of $18.19 and the significant drop in stock value over the past year (56.7%) indicate the market's concerns about the company's prospects.
2. Shift in Luxury Market: Capri Holdings has been grappling with a shifting luxury market and broader economic pressures. The decline in revenue across all its brands, including Versace, Michael Kors, and Jimmy Choo, suggests that the company's core market is experiencing challenges.

In summary, CPRI's failure to meet earnings expectations in Q2 2025 can be attributed to a combination of a challenging retail environment and a shift in the luxury market.