# Capri Holdings Stock Surges

> Capri Holdings stock jumps 7.33% after beating earnings estimates.
- Title: Capri Holdings Stock Surges · The Motley Fool | Shortify
- Summary: Capri Holdings stock jumps 7.33% after beating earnings estimates. Capri Holdings stock rose 7.33% following a quarterly earnings report that exceeded…
- Keywords: capri holdings, stock, earnings report, fiscal quarter, analyst estimates, jimmy choo, michael kors, finance, money, Capri, Holdings, Surges
- Source: The Motley Fool — https://fool.com/investing/2026/11/02/why-capri-holdings-stock-crushed-it-today
- Author: Eric Volkman
- Published: 2026-11-02T22:41:13+00:00
- Read time: 1 min
- Topics: capri holdings, stock, earnings report, fiscal quarter, analyst estimates, jimmy choo, michael kors, finance, money
## Stock surge after earnings
Capri Holdings stock rose 7.33% on Monday following a quarterly earnings report that exceeded analyst expectations.
## Earnings report details
The company reported a non-GAAP net income of $45 million and revenue of $809 million for fiscal 2027's second quarter.
## Analyst reactions
Goldman Sachs raised its target to $24 from $18 while Barclays increased its target to $24 from $19.
## Fashion line performance
Jimmy Choo performed well while Michael Kors is in turnaround mode with cost-cutting measures underway.
## Key takeaway

Capri Holdings stock rose 7.33% following a quarterly earnings report that exceeded analyst expectations.