Tapestry (TPR) saw fluctuating performance, registering strong Q4 sales but missing EPS estimates. Despite a strong Q4 and introduction of a new 'Amplify' strategy, its shares fell significantly due to tariff impacts. Nevertheless, Cowen upgraded the stock and maintained the target price. Despite outperforming the market, the company's stock took a downturn on tariff costs. Tapestry announced a US$3 billion share repurchase program through fiscal year 2028. The stock drew attention for its momentum and growth potential. However, Tapestry’s shares took a significant hit after a cut in profit forecast due to tariff hit. Despite this, the company set aggressive long-term financial targets. Tapestry's move to buy back $3B and raise dividends was seen as potentially game-changing. Goldman Sachs Group increased their shares of Tapestry. However, uncertainty looms as insiders and short sellers are dumping the stock. Even with attempts to expand the Gen Z market and margin through 2028, concerns were raised about overvaluation and possible tariff effects. TPR's plans to use its successful Coach playbook to drive Kate Spade’s success are being watched closely.
Tapestry TPR News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 27 Sep 2025 22:07:01 GMT -
Rating 0
- Innovation 0
- Information 6
- Rumor 2
