Tapestry (TPR) has shown a mix of positive and negative performance with elevated Q1 results, continued dividend commitments, and a strong Gen Z purchasing boost. Experts cite reasons to affirm Tapestry as a solid growth stock with records revenues posted despite a sinking stock price following the Q1 forecasts. However, the stock saw a dip of 11.3% even after beating Q1 estimates and raising its revenue outlook, causing some concern amongst investors. The company also announced a US$3 billion share repurchase program through the fiscal year 2028, reflecting its long-term confidence.
Tapestry suffered stock slumps following tariff impacts, despite an upward revision of the outlook. Despite these pressures, positive commentary from Jim Cramer and Q1 results topping estimates followed by raised outlook signals potential for growth. However, despite better-than-expected sales in Q2, the stock dropped 16.3%. Amid these events, Tapestry bought nearly a 10% stake in recycled leather brand Gen Phoenix, and saw Florida Fund take a $17 million stake in it. Yet again, the stock traded down due to impacts from teen spending data and trade tensions.
Tapestry TPR News Analytics from Mon, 07 Jul 2025 07:00:00 GMT to Sat, 15 Nov 2025 14:34:51 GMT - Rating 3 - Innovation -4 - Information 5 - Rumor -6
