Weekly Recap: 40% EPS growth target and inventories down ~27% YoY
Capri Holdings Limited (NYSE:CPRI) reaffirmed a 40% EPS growth target as Michael Kors’ full—price Jet Set rollout, stronger Jimmy Choo accessories/sneakers and ~27% lower inventories boost margins, while TikTok/influencer traction and regional mix drive growth across channels and geographies.Previo…