NYSE:TPR - New York Stock Exchange, Inc. - US8760301072 - Common Stock - Currency: USD
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The performance of consumer discretionary businesses is closely linked to economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months, the industry has stayed on track as its 6.3% return was close to the S&P 500’s.
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With this acquisition, Caleres’ brand portfolio segment will generate nearly half of the company’s total revenue and over half of its operating profit
Caleres acquires Stuart Weitzman from Tapestry for $105 million, strengthening its position in women's fashion footwear. Deal to close in summer 2025.
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For the second quarter, Tapestry posted earnings per share of $2.00, beating Wall Street estimates of $1.75, according to Stocktwits data
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Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 18.3% in the pre-market session after the company delivered a "beat-and-raise" quarter, its first since the $8.5 billion acquisition of Capri Holdings was called off due to antitrust concerns. Tapestry blew past analysts' constant currency revenue expectations. Its full-year revenue guidance was lifted, and full-year EPS guidance came in much higher than Wall Street's estimates. You may have noticed that EPS missed, but this was largely due to a one-time debt extinguishment charge rather than something fundamental. Overall, this quarter was very good.
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 18.3% in the pre-market session after the company delivered a "beat-and-raise" quarter, its first since the $8.5 billion acquisition of Capri Holdings was called off due to antitrust concerns. Tapestry blew past analysts' constant currency revenue expectations. Its full-year revenue guidance was lifted, and full-year EPS guidance came in much higher than Wall Street's estimates. You may have noticed that EPS missed, but this was la
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Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Tapestry surpassed market expectations in its Q2 fiscal 2025 earnings, driven by strong performances from its Coach brand, resulting in raised guidance despite challenges with other segments.
Luxury fashion conglomerate Tapestry (NYSE:TPR) announced better-than-expected revenue in Q4 CY2024, with sales up 5.3% year on year to $2.20 billion. The company’s full-year revenue guidance of $6.85 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP profit of $1.38 per share was 12.7% below analysts’ consensus estimates.
Tapestry Inc. raised its guidance again for the year on stronger-than-expected sales at its biggest brand Coach.