Tapestry, Inc. (TPR)<\/b> fluctuated alongside the market, with its Q3 earnings seeming to beat the estimates, while sales declined year over year. While multiple stake decreases were witnessed in the company by outfits such as Benjamin F. Edwards & Company Inc., Dana Investment Advisors Inc., and Amalgamated Bank, it also saw new investments from International Assets Investment Management LLC and Principal Street Partners LLC. A planned merger with Capri Holdings is under FTC review. The firm trimmed its revenue outlook citing North American challenges, which led to some backlash. However, its stocks rose over six months, with financial performance remaining robust. Alleyed are on the company's future moves, particularly concerning dividends, value stocks, and debt management. With significant international growth strategies and global expansion currently at play, Tapestry might recover from these setbacks.
Tapestry TPR News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sun, 12 May 2024 22:08:17 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor -10
