Tapestry Inc is a global luxury fashion holding company that encompasses a diverse portfolio of renowned brands, including Coach, Kate Spade, and Stuart Weitzman. The company focuses on designing, marketing, and selling high-quality accessories, apparel, and footwear, appealing to a wide range of consumers. Tapestry emphasizes a commitment to craftsmanship, creativity, and innovation in its products, which are sold through various retail channels, including e-commerce and brick-and-mortar stores. By integrating digital and physical shopping experiences, Tapestry strives to foster brand loyalty and deliver exceptional customer experiences in the competitive luxury marketplace. Read More
The second-quarter corporate earnings season has drawn to a close, painting a complex picture of resilience and vulnerability within the S&P 500. While a significant majority of companies defied expectations by surpassing earnings per share (EPS) estimates, a notable undercurrent of caution emerged as several prominent firms, including luxury
Curious about the top performers within the S&P500 index in the middle of the day on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Luxury fashion conglomerate Tapestry (NYSE:TPR) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 8.3% year on year to $1.72 billion. The company’s full-year revenue guidance of $7.2 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP loss of $2.49 per share was significantly below analysts’ consensus estimates.
New York, NY – Tapestry Inc. (NYSE: TPR), the parent company of iconic luxury brands Coach, Kate Spade, and Stuart Weitzman, saw its shares plummet by a staggering 16% recently, making it one of the leading decliners on the S&P 500 (NYSEARCA: SPY). This significant drop was triggered by a
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR)
fell 13.9% in the morning session after the company reported mixed second-quarter results that included a significant miss on profitability. While the parent company of Coach and Kate Spade posted revenue of $1.72 billion, up 8.3% year-on-year and beating analyst estimates, it recorded a steep GAAP loss of $2.49 per share, falling well short of Wall Street's profit expectations. The loss was driven by a dramatic contraction in operating margin, a key measure of profitability, which swung to negative 33.9% from a positive 14.8% in the prior year's quarter. Although Tapestry's full-year guidance was viewed as solid, the severe miss on the bottom line and deteriorating margins in the reported quarter prompted a sharp sell-off in the stock.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
The financial markets are once again demonstrating their volatile nature, with two prominent companies, Deere & Co. (NYSE: DE) and Tapestry (NYSE: TPR), experiencing significant stock declines following their latest earnings reports. Despite some aspects of their quarterly results exceeding analyst expectations, both companies issued cautious full-year outlooks, sending ripples of
Scott Roe said the total expected impact on profitability in fiscal 2026 from tariffs is $160 million, representing approximately 230 basis points of margin headwind.
Parent of Coach and Kate Spade, Tapestry, Inc. saw tumbled stock despite beating Wall Street forecasts with strong revenue growth for the fourth quarter.
Luxury fashion conglomerate Tapestry (NYSE:TPR) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 8.3% year on year to $1.72 billion. The company’s full-year revenue guidance of $7.2 billion at the midpoint came in 1.4% above analysts’ estimates. Its GAAP loss of $2.49 per share was significantly below analysts’ consensus estimates.
Tapestry Inc. (NYSE:TPR) reported strong Q4 and full-year 2025 earnings, beating estimates, but shares fell due to tariff-related 2026 outlook concerns. Revenue grew 8% in Q4, with EPS at $1.04. Greater China and Europe led growth, while Kate Spade declined. Dividend hiked 14%.
Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today reported results for the fiscal fourth quarter and full year ended June 28, 2025.
