Capri Holdings: Early Signs Of A Turnaround In A Still-Uncertain Rebuild (NYSE:CPRI)
Capri Holdings, rated a 'buy', shows early signs of a turnaround with stabilization from the Versace sale and manageable debt. Jimmy Choo demonstrates consistent growth, while Michael Kors struggles with brand perception. Management's strategy aims for margin recovery through store renovations and disciplined pricing, offering attractive optionality at 8.5x EV/EBITDA for patient investors.
https://seekingalpha.com/article/4895196-capri-holdings-early-signs-of-a-turnaround-in-a-still-uncertain-rebuild