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The Latest Breaking News from Tapestry Inc

3 Luxury Retail Stocks to Buy as High-End Spending Rebounds

The luxury retail industry’s robust growth is being fueled by the increasing dominance of high-net-worth individuals and growing wealth inequality. In this environment, purchasing luxury retail stocks like Dillard’s (DDS), Tapestry (TPR), and Signet Jewelers (SIG) could be a smart move as high-end spending continues to rebound. Read on….

StockNews.com

3 Beaten-Down Retail Stocks That Are Ready for a Comeback

The retail sector is expanding with innovations in technology, marketing, and rising incomes, coupled with growing demand for both essentials and luxury items, making it a compelling investment opportunity now. Therefore, Target (TGT), Tapestry (TPR), and J.Jill (JILL) are wise portfolio additions, as they are poised for a comeback. Keep…

StockNews.com

3 Luxury Retail Stocks to Buy as Consumer Confidence Rises

The luxury retail industry’s strong growth is driven by the increasing dominance of millennials and Gen Z and the rising influence of branding and social media. Amid this backdrop, it could be wise to buy luxury retail stocks such as Estée Lauder (EL), Ralph Lauren (RL), and Tapestry (TPR) as…

StockNews.com

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FTC To Sue To Block Capri-Tapestry .5B Takeover: NYT

FTC considers lawsuit to block Capri Holdings acquisition by Tapestry Inc., raising antitrust concerns in luxury fashion industry.

Top News

3 Luxury Stock Buys for Stable Profits

Rising disposable income, changing customer priorities and digital advancements are offering ample growth opportunities to the luxury fashion stocks. Thus, it could be wise to invest in quality luxury fashion stocks Caleres (CAL), Tapestry (TPR), and PVH (PVH). Continue Reading….

StockNews.com

3 Luxury Stock Buys Riding Year-End Highs

The luxury goods industry is well-positioned for growth thanks to rising disposable income, flexible payment methods, and the influence of social media. Therefore, investors could consider buying soaring luxury goods stocks Gap (GPS), Ross Stores (ROST), and Tapestry (TPR). Keep reading….

StockNews.com

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TPR, GPS, and TJX - Do These Luxury Stocks Have Holiday Gain Potential?

The future appears bright for the luxury industry, spurred by attractive discount promotions, increased consumer spending, and a rising demand for premium experiences and goods. Given this backdrop, it seems prudent to consider investing in luxury stocks, such as The Gap (GPS), Tapestry (TPR), and The TJX Companies (TJX) now.…

StockNews.com

Make Smart Moves for Your Portfolio With 3 Luxury Stocks

The luxury industry is anticipated to thrive due to the increased popularity of online shopping and social media influence on fashion trends. Given stable demand, investors might consider buying luxury stocks, Guess? (GES), Tapestry (TPR), and Urban Outfitters (URBN). Read on.

StockNews.com

Is There a Buying Opportunity with These 3 Luxury Stocks?

The increasing inclination of the younger population toward fashion trends and the growing influence of social media is expected to drive growth in the luxury market. So, should you buy luxury stocks TJX Companies (TJX), Tapestry (TPR), and Chico’s FAS (CHS) now? Read more.

StockNews.com

3 Hot Fashion Stock Picks to Buy Today

The increasing inclination of the younger population towards fashion trends and the increased adoption of social media platforms is expected to drive growth in the fashion market. Therefore, it could be wise for investors to buy fundamentally strong fashion stocks Tapestry (TPR), Movado (MOV), and Vera Bradley (VRA) today. Read…

StockNews.com

2 Affordable S&P 500 Stocks Under $50

While the banking turmoil disrupted the rally of the S&P 500 index last month, experts believe the index will rebound soon. Therefore, fundamentally strong stocks BorgWarner (BWA) and Tapestry (TPR), trading at attractive valuations, might be ideal buys under $50. Read more.

StockNews.com

Tapestry — Owner Of Fashion Brand Coach — Is A "Structural Pandemic Winner," Jefferies Says In Upgrade: What Else Impressed This Analyst?

Tapestry Inc (NYSE: TPR) has been through a culture change focusing on data-driven results, which should continue to drive progress, according to Jefferies.

Benzinga

Tapestry Q3 Earnings Top Estimates; Cuts FY22 Outlook

Tapestry Inc (NYSE:TPR) reported third-quarter FY22 sales growth of 13% year-on-year, to $1.44 billion, beating the consensus of $1.42 billion. Adjusted EPS of $0.51 beat the analyst consensus of $0.41. Gross profit rose 10.2% Y/Y to $1.01 billion, with the margin contracting 170 basis points to 69.9%. The operating margin expanded 260 basis…

Benzinga

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Tapestry: A High-Quality Luxury Goods Cheaply Valued

Luxury goods concern Tapestry (TPR) has an average ‘Buy’ rating from the 19 research firms that cover it. However, the stock has declined more than 14% year-to-date and currently looks undervalued at its current price. So, with Wall Street analysts projecting a potential upside in the stock, I think it…

Benzinga

Tapestry Q2 Earnings Top Estimates; Raises FY22 Outlook

Tapestry Inc (NYSE:TPR) reported second-quarter FY22 sales growth of 27% year-on-year, to $2.14 billion, beating the analyst consensus of $2.00 billion. Sales rose 18% compared to pre-pandemic levels. Digital sales rose 30% Y/Y and nearly tripled compared to pre-pandemic levels. Adjusted EPS of $1.33 beat the analyst consensus of $1.18. Gross profit rose…

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