Investors need to pay close attention to Capri Holdings (CPRI) stock based on the movements in the options market lately.

Yahoo Finance speaks with Tapestry CEO Jide Zeitlin fresh off the company's latest earnings report.

Shares of Under Armour (NYSE: UAA) (NYSE: UAA), Hanesbrands (NYSE: HBI), and Capri Holdings (NYSE: CPRI) were among the big winners Tuesday as the broad market rallied on economic reopenings continuing and signs that more companies were entering the vaccine race. Apparel retailers have been hit hard by the COVID-19 pandemic as they were forced to close stores, being non-essential retailers.

S&P Dow Jones Indices said late Wednesday that Domino's Pizza Inc. will join the S&P 500 index , replacing Capri Holdings Ltd. . With the change, Store Capital Corp. will move to the S&P MidCap 400, S&P said. Additionally, DexCom Inc. will replace Allergan Plc in the S&P 500, and S&P 500 constituent Salesforce.com will replace Allergan in the S&P 100, the company said. AbbVie Inc. is buying Allergan in a deal expected to be completed soon. The changes are effective before the bell on May 12, S&P Dow Jones said.

What happened Shares of many apparel and home-goods stores did very well in April, as investors grew more upbeat about their cash situations and ability to withstand store-closures amid the coronavirus pandemic — and, later in the month, about the growing likelihood of seeing stores reopen in May.

After years of dwindling foot traffic and sales, J.C. Penney is considering “strategic alternatives” and has decided not to make a scheduled $12 million interest payment on a 2036 bond.

Shares of several upscale apparel and home-goods companies were rising on Monday afternoon amid a broad-based market rally driven by a promising report from early trials of a COVID-19 vaccine. Capri Holdings (NYSE: CPRI) was up 12.2%. Ralph Lauren (NYSE: RL) was up 7.7%.

It's not surprising Capri Holdings (NYSE: CPRI) has lost two-thirds of its valuation this year as the COVID-19 pandemic shutdown all but essential retail operations. Piper Sandler analyst Erinn Murphy says that means investors will need a much longer timeline to see her investment thesis pay off. It's not just that consumers are no longer able to go to the store to buy clothes, Murphy said in a note to clients.

Bear of the Day: Capri Holdings Limited (CPRI)

Zoom Video, Capri, Teladoc Health, Allscripts Healthcare Solutions and Masimo highlighted as Zacks Bull and Bear of the Day

The you know what is about to hit the fan in America's retail sector because of the coronavirus pandemic.

A recent survey released by Piper Sandler, which assessed consumer behavior changes amidst COVID-19, concluded that most respondents were generally optimistic about the economy, more than half are spending less since mid-March, and 55% of consumers don’t expect to return to normal spending behavior for >6 months after COVID-19 concerns fade. The Final Round panel breaks down the survey and discusses what the survey means for retailers in a post-coronavirus world.

Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, is proud to release its first group-wide corporate social responsibility strategy on the 50th anniversary of Earth Day.

Instagram’s lead on fashion partnerships fills WWD in on steps brands can take to successfully pivot content.

Several upscale apparel and retail companies were trading lower on Friday, on investor concerns about the prospects for premium retail following the coronavirus pandemic and a new report that J.Crew is preparing to file for bankruptcy. Urban Outfitters (NASDAQ: URBN) was down about 3.2%. All were down, along with many other retail stocks, on broad concerns about the prospects for brick-and-mortar retail as stores gradually begin to reopen in coming weeks, the prospects specifically for upscale full-price retail given the job losses of the past two months, and concerns about the growing list of retail operators that are reportedly preparing for bankruptcy filings.

Michael Kors parent Capri Holdings Ltd. disclosed Tuesday that it will delay the filing of its annual report, as a result of the COVID-19 pandemic, as it takes advantage of Securities and Exchange Commission rules that are allowing for filing delays of up to 45 days. Separately, Capri said it had about $900 million in liquidity as of May 15, which the company believes is "sufficient to meet future operating needs." Capri said the original deadline for its 10-K filing is May 27. The company said because many of its corporate offices have been closed as a result of the pandemic, the employees preparing the 10-K filing have been working remotely and need additional time to finalize the audit and to analyze the impact of the pandemic. The stock, which slipped 0.2% in premarket trading, had plunged 62.3% year to date through Monday, while the S&P 500 has declined 8.6%.

S&P; Dow Jones Indices will make the following changes to the S&P; 500, S&P; 100, S&P; MidCap 400, and S&P; SmallCap 600 effective prior to the opening on Tuesday, May 12:

Capri Holdings (CPRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bear of the Day: Boot Barn (BOOT)