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Capri Holdings posts surprise quarterly loss, warns of tariff hit
Capri Capri (US:CPRI) Yahoo Finance·2025-11-05 00:18

By Anuja Bharat Mistry (Reuters) -Capri Holdings reported an unexpected quarterly loss on Tuesday and warned that tariffs could impact current quarter margins, amid rising economic uncertainty affecting consumer sentiment and business operations in the retail industry. The company - which imports the majority of products sold in the U.S. from countries including Vietnam and China - said it still expects the unmitigated tariff impact to be about $85 million in fiscal 2026. The U.S. imposes a 20% tariff o ...