Tapestry, Inc. (TPR)
TPR Price and Sentiment
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Shares of the high-end retailer rose after it reported third-quarter earnings.
Tapestry, Inc. (TPR) CEO Joanne Crevoiserat on Q1 2022 Earnings Conference Call - Earnings Call Transcript2021-11-11 14:29
Tapestry, Inc. (TPR) CEO Joanne Crevoiserat on Q1 2022 Earnings Conference Call - Earnings Call Transcript
Tapestry's (TPR) first-quarter fiscal 2022 results reflect strength in North America as well as sustained growth in Digital and China. Management lifts revenues and earnings per share forecast for the fiscal year.
Coach owner Tapestry shares rose after the high-end handbag owner hiked its revenue forecast for the year.
Tapestry Inc (NYSE: TPR) reported first-quarter FY22 sales growth of 26% year-on-year, to $1.48 billion, beating the analyst consensus of $1.44 billion. Sales rose 9% compared to pre-pandemic levels.
Shares of Tapestry Inc. TPR, +0.33% shot up 4.4% in premarket trading Thursday, after fashion company, with brands including Coach and Kate Spade, reported fiscal first-quarter profit and revenue that beat expectations and raised the full-year outlook, citing "strong" customer engagement and increased demand. Net income for the quarter to Oct. 2 slipped to $226.9 million, or 80 cents a share, from $231.7 million, or 83 cents a share, in the year-ago period.
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands including Coach, Kate Spade, and Stuart Weitzman, today reported results for the fiscal first quarter ended October 2, 2021. Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “We delivered another quarter of solid performance, reflecting strong customer engagement and increased demand for our brands. Importantly, revenue trends accelerated co
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Tapestry, a luxury goods retailer of handbags, shoes, and accessories under the Coach, Kate Spade, and Stuart Weitzman brands, is scheduled to report its fiscal first-quarter results on Thursday, November 11. We expect the apparel retailer stock to trade higher post the fiscal Q1 release.
Tapestry's (TPR) first-quarter fiscal 2022 results might show gains from its Acceleration Program, immense brand strength and robust omni-channel capabilities.