Capri Holdings Limited (CPRI): A Bull Case Theory

We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will summarize the bulls’ thesis on CPRI. Capri Holdings Limited (CPRI)'s share was trading at $17.33 as of 21^st May. CPRI’s trailing and forward P/E were 5.74 and 23.75 respectively according to Yahoo Finance.

[caption id="attachment_1238747" align="aligncenter" width="768"] A luxury apparel store, showcasing the high-end brand offerings.[/caption]

Capri Holdings (CPRI) recently announced the divestment of Versace to Prada for $1.375 billion—a notable step down...