Why Tapestry Stock Jumped 26% in September [The Motley Fool]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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tapestry.com/investors
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Source: The Motley Fool
Why Tapestry Stock Jumped 26% in September A new CEO is looking to improve performance at the luxury fashion house. Shares of Tapestry ( NYSE:TPR ) climbed 26.2% last month, according to data provided by S&P Global Market Intelligence . Investors cheered the news that the operator of luxury brands, including Coach, Kate Spade, and Stuart Weitzman, appointed its own chairman of the board, Jide Zeitlin, to lead the company as the new CEO. The company hasn't been able to grow fast enough to justify the high valuation it had at the start of the year, which led to a dramatic collapse in the stock price. Investors are hopeful that the new head honcho can instill new life into a business with a lot of potential to perform better in the growing luxury goods industry. Jide Zeitlin is not an outsider. He has served on the company's board of directors since 2006 and was appointed chairman in 2014, a role he will continue to hold. Tapestry is not doing as badly as its stock price indicates, but
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News
- Driving Change in the Marketplace Through Increasing Vendor Diversity [Yahoo! Finance]Yahoo! Finance
- Tapestry, Inc. (NYSE: TPR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- FTC may try to block yet another business merger [FOX Business Network]FOX Business Network
- FTC As The Final Hurdle In Tapestry's Acquisition Of Capri Holdings [Seeking Alpha]Seeking Alpha
- Spotting Winners: Tapestry (NYSE:TPR) And Apparel, Accessories and Luxury Goods Stocks In Q4 [Yahoo! Finance]Yahoo! Finance
TPR
Earnings
- 2/8/24 - Miss
TPR
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 8-K
- 3/4/24 - Form 4
- TPR's page on the SEC website