Coach parent Tapestry tops forecast on profit [MarketWatch]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: MarketWatch
Coach parent Tapestry shares up 4.6% after profit beat Tapestry Inc. shares TPR, +0.87% rose 4.6% in premarket trade Tuesday, after the owner of Coach, Kate Space and Stuart Weitzman brands beat profit estimates for its fiscal first quarter. The company said it had net income of $20 million, or 7 cents a share, in the quarter, down from $122 millin, or 42 cents a share, in the year-earlier period. Adjusted per-share earnings came to 40 cents, ahead of the 36 cents FactSet consensus. Sales fell to $1.36 billion from $1.38 billion, just below the $1.37 billion FactSet consensus. Sales at Coach rose 1% to $966 million, Kate Spade sales fell 6% to $306 million and Stuart Weitzman sales fell 9% to $87 million. The company is expecting fiscal 2020 sales to rise in the low single digits, while EPS is expected to be roughly flat versus fiscal 2019. Shares have fallen 21% in 2019, while the S&P 500 SPX, +0.37% has gained 23%.
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News
- Meghan Markle's best style moments of 2025 [Business Insider]Business Insider
- Every Pantone Color Of The Year From 2000 To 2025 [Forbes]Forbes
- Love Stuart Weitzman boots? Don't miss up to $380 off at this Black Friday shoe sale [USA TODAY]USA TODAY
- Tapestry (NYSE:TPR) had its price target raised by analysts at JPMorgan Chase & Co. from $147.00 to $148.00. They now have an "overweight" rating on the stock.MarketBeat
- Top Technology Executives Recognized at the 2025 NewYorkCIO ORBIE Awards [Yahoo! Finance]Yahoo! Finance
TPR
Earnings
- 11/6/25 - Beat
TPR
Sec Filings
- 12/4/25 - Form 144
- 12/2/25 - Form 4
- 12/2/25 - Form 144
- TPR's page on the SEC website