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Barchart
Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Dip in Tapestry Stock?

Tapestry TPR Donald Trump CFRA Kate Spade

Tapestry (TPR) says it topped Street estimates on both top- and the bottom-line in its fiscal fourth quarter. Shares of the fashion giant still closed down some 15% on Thursday. 

TPR shares were punished primarily because management trimmed its earnings guidance for the full year, which did not particularly sit well with investors. 

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