Stocks in Action USA: Regeneron, CareDx, Capri

Capri Holdings returns to profitability and exceeds expectations – Revenue forecast lowered due to Michael Kors! Capri Holdings achieved a profit in the second quarter, exceeding market expectations. The net profit was $27 million or $0.25 per share, following a loss of $28 million in the same period last year. Adjusted, the company earned $0.42 per share, which is double what analysts had expected. Revenue fell by 5.5% to $809 million but was above the consensus estimate of $786.5 million. Particularly burdensome was Michael Kors, with a revenue...