Tapestry Says FTC's Case Against $8.5B Capri Buyout ‘Makes No Sense' [Yahoo! Finance]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: Yahoo! Finance
Such is the case in the Federal Trade Commission's effort to block Tapestry Inc.'s $8.5 billion deal to buy Capri Holdings — which would create an accessible handbag giant with Tapestry's Coach and Kate Spade and Capri's Michael Kors. More from WWD 'Accessible Luxury' on Trial: Tapestry Pushes FTC to Define the Term Sydney Sweeney Embarks on California Road Trip in Jimmy Choo Summer Campaign Coachtopia Collaborates With Upcyle Designers on New Iterations of the Fan-favorite Ergo Bag and Recycled Shirt In its initial salvo , the FTC argued that “consumers will lose the benefit of head-to-head competition on price, discounts and promotions, innovation, design, marketing and employee wages and workplace benefits” if the deal goes through. In a court filing late Tuesday, Tapestry shot back at length, framing itself as a kind of savior for Michael Kors , which has seen its sales decline since the deal was revealed in August. “The FTC's attempt to block Tapestry's revitalizat
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News
- Tapestry Named One of America's 50 Most Community-Minded Companies by Points of Light [Yahoo! Finance]Yahoo! Finance
- Tapestry, Inc. (NYSE: TPR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Tapestry, Inc. (NYSE: TPR) had its price target lowered by analysts at JPMorgan Chase & Co. from $56.00 to $54.00. They now have an "overweight" rating on the stock.MarketBeat
- Tapestry, Inc. (NYSE:TPR) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Tapestry (TPR) Q3 Earnings Beat Estimates, Sales Decline Y/Y [Yahoo! Finance]Yahoo! Finance
TPR
Earnings
- 5/9/24 - Beat
TPR
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 4/22/24 - Form 8-K
- TPR's page on the SEC website