Capri Holdings Ltd

CPRI remains in a Stage 4 decline with a confirmed support failure and persistent lower-highs/lower-lows. The medium-term bias is bearish under a Speculative mandate, but price is extreme oversold and has not tested declining EMAs. Execution is deferred: wait for a bounce into the 9/21 EMA zone or prior resistance area for a rejection-based short entry.

• ↑Q4 FY26 EPS $0.22 vs -$4.90 YoY; gross margin +490bps to 64.8%.
• ↑FY27 adjusted EPS forecast +40%; operating income ~$190M.
• ↓Q4 FY26 revenue fell 4% YoY to $796M after quality initiatives.