Capri Holdings Limited (CPRI) is down by 14.69 percent during Wednesday trading, dropping $3.53 to $20.50. The decline follows a net loss of $546 million for the third quarter, compared with a net income of $105 million in the same period last year.
CPRI is currently trading at $20.65, down $3.38 from the previous close of $24.03. The stock has fluctuated today, reaching a high of $22.60 and a low of $20.36. Trading volume has surged to 6.86 million shares, significantly higher than the average volume of 3.9 million. Despite the sharp decline in net income and revenue, the stock remains within its 52-week range of $18.70 to $47.80.
The company also reported a decrease in diluted earnings per share to $4.61, compared to $0.88 previously. Total revenue for the quarter decreased to $1.26 billion from $1.43 billion.
Despite the sharp decline in net income and revenue, the stock remains within its 52-week range of $18.70 to $47.80.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.