Significant insights have been gathered regarding Tapestry Inc. (NYSE:TPR), with a focus on financial performances, acquisition strategies, market behavior, and expert predictions. Much buzz has surrounded Tapestry with the proposed acquisition of Capri Holdings Limited under scrutiny by the Federal Trade Commission (FTC). Nevertheless, the firm has maintained confidence about the deal. Interestingly, Tapestry’s shares have earned a compound annual growth rate of 9.8% over the last five years despite recent dips. Operational performance and financial strategy have gained runway with a client-centric approach, improving ROE, and noteworthy Q3 earnings. Major firms including SG Americas Securities LLC, Norden Group LLC, and Sumitomo Mitsui Trust Holdings Inc. mentioned as increasing their holdings in Tapestry. However, Empowered Funds LLC and Commonwealth Equity Services LLC have decreased their holdings. There's also anticipation for the company’s Q3 earnings with emphasis on Tapestry's increasing reliance for its revenue on international markets while facing challenges in North America. Analyst discussions reveal a moderate buy consensus yet Tapestry’s stock trends have been shaky this year causing a bit of investor unease.
Tapestry TPR News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:46:21 GMT - Rating 0 - Innovation 6 - Information 6 - Rumor -6
