Here's Why Tapestry (TPR) is a Strong Value Stock

10:46am, Thursday, 27'th Feb 2025
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
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TPR is selling Stuart Weitzman to Caleres, focusing on Coach and Kate Spade while ensuring the brand's growth under new leadership.
The news comes just months after a federal judge blocked Tapestry's planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.
Coach parent Tapestry will sell the Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million in cash, the companies said on Wednesday.
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today announced that it entered into a definitive agreement to sell the Stuart Weitzman brand
ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a definitive agreement to acquire Stuart Weitzman from Tap
Tapestry, RTX, Cintas, Broadcom and Corning promise growth for investors.
TPR's strong operational efficiency, brand growth and global expansion make it a compelling long-term investment.
Note: Tapestry's FY'24 ended on June 29, 2024.
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