Tapestry Stock News

Barclays analyst Adrienne Yih raised the price target on Tapestry Inc (NYSE: TPR ) to $51 from $48 and kept an Overweight rating on the shares, implying a 30.17% upside. Yih said that the company demonstrated positive demand trends across its brands in … Full story available on Benzinga.com

Barclays analyst Adrienne Yih raised the price target on Tapestry Inc (NYSE: TPR) to $51 from $48 and kept an Overweight rating on the shares, implying a 30.17% upside. Yih said that the company

As lovebirds around the world celebrate Valentine's Day, investors may want to consider companies that profit from Cupid's bow and arrows.

Full story available on Benzinga.com

The company raises fiscal-year guidance thanks to strong performance from its Kate Spade and Coach brands.

Tapestry, Inc. (TPR) CEO Joanne Crevoiserat on Q2 2022 Results - Earnings Call Transcript

Tapestry's (TPR) second-quarter results reflect strength in North America as well as sustained growth in Digital and China. Management lifts revenues and earnings per share view for fiscal 2022.

(Reuters) Coach parent Tapestry Inc raised its full-year revenue and profit forecast on Thursday as consumers splurge on luxury handbags and apparel in the United States and Europe.

Tapestry Inc. shares rose 2.3% in premarket trade Thursday, after the company blew past earnings estimates for its fiscal second quarter and raised its full-year guidance. The parent of Coach, Kate Spade and Stuart Weitzman brands posted net income of $317.9 million, or $1.15 a share, for the quarter to Jan. 1, up from $311.0 million, or $1.11 a share, in the year-earlier period. Adjusted per-share earnings came to $1.33, well ahead of the $1.18 FactSet consensus. Sales climbed to $2.14 billion from $1.69 billion, also ahead of the $1.99 billion FactSet consensus. The company is now expecting fiscal 2022 revenue of about $6.75 billion, up from prior guidance of $6.6 billion. It expects EPS of $3.60 to $3.65, up from prior guidance of $3.45 to $3.50. Shares have gained 4% in the last 12 months, while the S&P 500 has gained 17%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Tapestry Inc. shares undefined rose 2.3% in premarket trade Thursday, after the company blew past earnings estimates for its fiscal second quarter and raised

https://www.investing.com/news/stock-market-news/tapestry-lifts-annual-revenue-forecast-on-rising-demand-for-luxury-handbags-apparel-2761229

(Reuters) – Coach parent Tapestry Inc raised its full-year revenue forecast on Thursday, as consumers splurge on luxury handbags and apparel in the United States and Europe. The company forecast fiscal 2022 revenue of about $6.75 billion, compared with its prior estimate of nearly $6.6 billion. (Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by … Read More

Tapestry press release (TPR): Q2 Non-GAAP EPS of $1.33 beats by $0.14.Revenue of $2.14B (+26.6% Y/Y) beats by $140M.Drove Revenue Growth of 27% Compared to Prior Year; Revenue…