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
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR)
jumped 3.4% in the afternoon session after JPMorgan Chase & Co. raised its price target on the company. The investment bank lifted its price objective to $142.00 from $139.00, implying a potential upside of over 33% from the stock's current price, while maintaining an "overweight" rating. This positive view from JPMorgan aligns with broader market sentiment.
Let's delve into the developments on the US markets one hour before the close of the markets on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
High-end brands have been a prominent theme in retail investing in 2025. Is there more upside to come? For these three companies, the answer appears to be yes.
The American economy is currently caught in a perplexing paradox: while the nation's stock market soars to unprecedented heights, a deep-seated pessimism pervades the sentiment of the average U.S. consumer regarding future economic conditions. This stark disconnect presents a formidable challenge for policymakers, investors, and businesses alike, signaling a
Tapestry Inc. outlines long-term growth strategy to increase revenue, margins, and shareholder returns by 2028, with focus on younger consumers and international expansion.
Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today is hosting its 2025 Investor Day in New York City. At the event, the Company will present its long-term growth strategy and financial targets.
The performance of consumer discretionary businesses is closely linked to economic cycles. Thankfully for the industry, all signs are pointing up as discretionary stocks have gained 13.9% over the past six months,
beating the S&P 500’s 10.5% return.
The U.S. economy finds itself at a precarious juncture, characterized by a stark divergence between top-line unemployment figures and the underlying anxieties of American consumers. While headline job numbers and retail sales data have often painted a picture of resilience, recent revisions to historical job data and a consistent
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.
