MARKET COMPOSITE
TPR - Tapestry Inc8:00:02 PM 5/2/2024
Price
$38.79
-0.70 (-1.77%)
Tapestry, Inc. is an American multinational luxury fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman. Originally named Coach, Inc., the business changed its name to Tapestry on October 31, 2017. Coach was founded in 1941. Starting as a workshop, it grew into a company with over 17,000 employees. Seeking wider recognition and a larger market, the company acquired brands such as Kate Spade and Stuart Weitzman. This broadened the appeal to consumers of all three brands. The company changed names, reducing the share price because investors felt that the name change was not well received by customers. The share price later recovered.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue2.1B+38%
Gross Profit1.5B+36%
Cost Of Revenue591.3MM+42%
Operating Income447.6MM+77%
Operating Expenses1B-
Net Income322.3MM+65%
Stock Chart

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Stock news

    Tapestry (TPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    NORTHAMPTON, MA / ACCESSWIRE / May 2, 2024 / Tapestry, Inc. Tapestry partnering with the New York Fashion Tech Lab for fourth yearNew York Fashion Tech Lab 2024 Fashion Cohort In March, Tapestry joined the celebration of the launch of the New York ...

    Tapestry stock finished the month of May higher only two times in the last 10 years

    In this article, we discuss the top 11 luxury clothing stocks to invest in now. To skip the detailed analysis of the luxury goods industry, go directly to the Top 5 Luxury Clothing Stocks to Invest in Now. Brand Affinity Guides Spending Behavior In an interview with CNBC on March 7, the CEO of luxury […]

    A Sartorial Take on Social Impact04-30-2024 12:45:00 PM

    NORTHAMPTON, MA / ACCESSWIRE / April 30, 2024 / Tapestry, Inc. Tapestry's Stuart Weitzman launches capsule collection with Mercado Global pairing traditional, artisanal handcrafted fabrics with modern footwear design Stuart Weitzman, part of Tapestry's ...

    The FTC’s lawsuit to nix Tapestry’s $8.5 billion Capri takeover complicates fashion dealmaking.

    Written by Brigid Hogan NORTHAMPTON, MA / ACCESSWIRE / April 26, 2024 / Tapestry, Inc. Originally published by Built In Imagine for a moment that you're facing down your closet and getting ready to leave the house. Whether you're choosing a bag that ...

    NEW YORK, April 25, 2024--On Thursday, May 9, 2024 at 8:00 a.m. (ET), Tapestry, Inc. (NYSE: TPR) will hold a conference call to discuss the Company’s fiscal 2024 third quarter results which will be reported via press release earlier that morning.

    The Federal Trade Commission is suing to stop Tapestry from acquiring rival Capri Holdings. One of the two stocks looks especially promising.

    (Bloomberg) -- There’s a risk that shares of Capri Holdings Ltd. decline by roughly 30% or more if a proposed $8.5 billion tieup with Tapestry Inc. fails to get across the finish line.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapTesla Soars as Musk’s Cheaper EVs