Tapestry Inc (TPR) is gaining recognition in the market with it's bold decisions and investments. It recently announced a sizable
$3 billion share buyback program that impacted its valuation positively. In the wake of this, multiple firms such as
Rivermont Capital Management,
Sciencast Management and
NewEdge Advisors have adjusted their holdings in Tapestry along with numerous similar transactions conducted by companies like
Amundi and
Samlyn Capital. However, it's not all inbound; several groups like
UniSuper Management and
Alliancebernstein L.P. are reducing their position in Tapestry. Amid all, projected growth remains strong with analysts from
Barclays and
JPMorgan foreseeing a stock price increase. Additionally, the company aims to replicate Coach's success strategy for Kate Spade. On the downside, Tapestry has received some negative reviews due to tariff costs, causing a considerable slump in its stocks. Earnings are expected to grow and the recent quarter has topped estimates, yet Tapestry still faces challenges in a weakened luxury market.
Tapestry TPR News Analytics from Wed, 18 Jun 2025 07:00:00 GMT to Sun, 14 Sep 2025 01:32:10 GMT -
Rating 5
- Innovation 1
- Information 5
- Rumor 3
