Capri Holdings Price Target Raised to $22 from $20 at Telsey Advisory.

Capri Holdings' Q1 results and outlook exceeded expectations, prompting Telsey Advisory to raise its price target to $22 from $20 and maintain a Market Perform rating. While the company has made progress in its turnaround, more work is needed, the firm notes.

Capri Holdings (CPRI) delivered a strong first-quarter performance, surpassing analysts' expectations and prompting Telsey Advisory to raise its price target to $22 from $20, while maintaining a Market Perform rating [3]. The luxury retailer reported earnings of $0.5 per share, compared to the Zacks Consensus Estimate of $0.13 per share, marking a significant improvement over the same period last year when earnings were $0.04 per share [1]. This quarterly report represents an earnings surprise of +284.62%, a notable turnaround for the company [1].

The company's revenue for the quarter ended June 2025 was $797 million, exceeding the Zacks Consensus Estimate by 2.91% and outperforming year-ago revenues of $1.07 billion [1]. This robust performance comes as Capri Holdings continues to navigate a challenging macroeconomic environment and shifting consumer priorities.

Telsey Advisory Group's analyst, Dana Telsey, highlighted the progress made by Capri Holdings but noted that more work is needed, particularly at its largest brand, Michael Kors. The company is focusing on e-commerce growth and targeted price increases to offset higher costs associated with U.S. President Donald Trump's tariff policies [3].

Investors should also consider the broader industry trends, as the Retail - Apparel and Shoes industry is currently ranked in the bottom 22% of the Zacks industries [1]. Despite this, Capri Holdings' turnaround in Q1 offers a positive outlook, suggesting that the company is making strides in its recovery.

In addition to Capri Holdings, Kaival Brands and DoorDash also saw significant chatter on Stocktwits, with Kaival Brands' retail user message count jumping 2,233% and Capri Holdings' increasing 2,000% over the last 24 hours [2]. This social media activity reflects the market's interest in these companies' performances and future prospects.

References:
[1] https://finance.yahoo.com/news/capri-holdings-cpri-beats-q1-115501015.html
[2] https://in.investing.com/news/stock-market-news/kaival-capri-and-doordash-dominate-stocktwits-chatter-among-consumer-stocks-find-out-why-4950331
[3] https://theimpression.com/capri-holdings-posts-q1-profit-rebound/