Capri Holdings stock was sliding Wednesday after the luxury conglomerate missed earnings estimates for the sixth consecutive quarter. Capri posted adjusted earnings of 45 cents a share for the third fiscal quarter ended December, well below analysts’ estimates calling for 66 cents a share, according to FactSet. Capri projected sales growth will remain lackluster well into fiscal 2026, but will return in fiscal 2027.
Yahoo! Finance: CPRI News
