UPDATE 1-Coach owner Tapestry to start reopening North America stores [Reuters]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: Reuters
UPDATE 1-Coach owner Tapestry to start reopening North America stores (Adds details on store reopenings) April 30 (Reuters) - Coach handbag maker Tapestry Inc said on Thursday it would begin reopening some stores in North America, as the company tries to recover from the sales damage caused by the coronavirus pandemic. Luxury goods companies have been among the worst hit in the retail sector as fashion capitals in Italy, France and the United States virtually halt business activity and restrict people’s movement to help curb the spread of the virus. Tapestry said about 90% of its stores were either closed or operating on shortened hours during its third quarters, but it will reopen about 40 stores in North America for contactless curbside pickup services beginning May 1. The company has already opened most of its stores in China and South Korea. Net sales fell 19.4% to $1.07 billion in the third quarter ended March 28. The company reported a net loss of $677.1 million, or $2.45 per sh
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News
- Jim Cramer on Tapestry: “Buy Half of It, and Then If It Falls, Buy Some More” [Yahoo! Finance]Yahoo! Finance
- Is Tapestry, Inc. (TPR) One of the Best Luxury Stocks to Buy Now? [Yahoo! Finance]Yahoo! Finance
- Tapestry (NYSE:TPR) was upgraded by analysts at BNP Paribas Exane to a "strong-buy" rating.MarketBeat
- Always on, always judged: the mentality reshaping Gen Z's shopping habits [Los Angeles Times (CA)]Los Angeles Times
- Tapestry (NYSE:TPR) is now covered by analysts at BNP Paribas Exane. They set an "outperform" rating on the stock.MarketBeat
TPR
Earnings
- 2/5/26 - Beat
TPR
Sec Filings
- 3/4/26 - Form 4
- 2/19/26 - Form 4
- 2/18/26 - Form 4
- TPR's page on the SEC website