|Bid||26.36 x 14600|
|Ask||26.42 x 14300|
|Day's Range||26.16 - 26.41|
|52 Week Range||24.97 - 47.12|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||10.86|
|Forward Dividend & Yield||1.20 (4.83%)|
|1y Target Est||N/A|
Tapestry, the parent of Coach, Kate Spade and Stuart Weitzman, posted strong results from last quarter and is now buying back $1 billon in stock. Yahoo Finance's Brian Sozzi spoke with Tapestry CEO Victor Luis, and talked about the conversation with Alexis Christoforous.
Allianz SE said on Friday it closed its acquisition of a stake in New York's second-tallest office tower for 342 million euro ($384 million) and an undisclosed amount of debt, increasing its footprint in the city's fashionable Hudson Yards. Allianz said in a statement it acquired a 49% equity interest in 26 floors at 30 Hudson Yards previously owned by AT&T's WarnerMedia. The deal's closing makes New York the fifth most significant city for Allianz's real estate portfolio, the German insurer said.
After hosting an investor dinner with several Tapestry Inc (NYSE: TPR ) executives including CEO Victor Luis, Piper Jaffray maintains its bullish stance on the company. The Analyst Piper Jaffray analyst ...
Capri reported Wednesday that comparable sales for the Michael Kors brand decreased 1 percent in the fourth quarter from a year earlier. Executives said the decline reflected a number of factors, including a drag from its watch business and from efforts to transition its jewelry to a higher price point.
Investors shopping for stocks are better off simply favoring cheap ones with decent long-term growth prospects, rather than reacting to each new development on tariffs and other fleeting factors.
South Dakota’s retirement system also nearly doubled its investment in upscale-goods maker Tapestry, and bought more Verizon stock in the first quarter.
Tapestry Stock Soared on Q3 Earnings and Share Buyback Plan(Continued from Prior Part)Gross margin expansionTapestry’s (TPR) gross margin expanded 20 basis points to 68.8% in the third quarter of fiscal 2019, which ended on March 30. On an
Tapestry Stock Soared on Q3 Earnings and Share Buyback Plan(Continued from Prior Part)Key drivers for Kate SpadeTapestry’s (TPR) net sales of $1.33 billion grew 0.7% on a year-over-year basis in the third quarter of fiscal 2019, which ended on
Tapestry Stock Soared on Q3 Earnings and Share Buyback PlanFiscal Q3 resultsTapestry (TPR) stock rose 8.5% on May 9 after the company announced better-than-expected earnings for the third quarter of fiscal 2019 and a new share repurchase plan. The
Tapestry Inc (NYSE: TPR ) recorded mixed third-quarter earnings with a 42-cent bottom-line exceeding 41-cent estimates and $1.33 billion in revenue falling short of $1.34 billion forecasts. Analysts were ...
U.S. stocks remained under pressure ahead of additional tariffs on Chinese imports set to take effect at midnight.
Stocks that moved substantially or traded heavily on Thursday: Stamps.com Inc., down $46.49 to $36.90 The online postage provider slashed its full-year profit forecast because of contract changes between ...
Wall Street's main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible. U.S. stocks had fallen more than 1% earlier in the session but recovered much of those losses after Trump said he had received a "beautiful letter" from Chinese President Xi Jinping.
U.S. President Donald Trump vowed not to back down on imposing new tariffs unless Beijing "stops cheating our workers", as two-day talks begin in Washington on Thursday. China has threatened to retaliate if tariffs on $200 billion worth of Chinese goods increase to 25% on Friday, rekindling worries of a worldwide economic slowdown and triggering flight to safety among investors. The technology sector posted the steepest declines, slipping 1.96%, dragged down by a drop in shares of iPhone maker Apple Inc and chipmakers, which get a large portion of their revenue from China.
Today’s earnings report wasn’t perfect, but was reassuring enough to send the shares higher after a steady decline in recent months
U.S. stocks tumbled on Thursday, with focus on a high-stakes meeting between the United States and China that could decide the fate of a long-awaited trade deal, even as additional tariffs on Chinese goods loomed. China has threatened to retaliate if tariffs on $200 billion worth of Chinese goods increase to 25% on Friday, rekindling worries of a global economic slowdown and triggering flight to safety among investors.
Shares of Tapestry, parent company of Coach, Stuart Weitzman and Kate Spade, surge after the company weaves a fiscal third-quarter earnings report that exceeds analysts' forecasts.
Tapestry Inc on Thursday unveiled its biggest buyback plan in nearly seven years and beat Wall Street estimates for third-quarter profit as it sold more Coach and Kate Spade handbags, sending its shares up 17 percent. The company is planning to buy back $1 billion in stock, representing about 11 percent of its shares outstanding, a move aimed at placating investors after weak holiday quarter sales and recent underperformance at the Kate Spade brand. Tapestry has struggled to boost sales at millennial-focused Kate Spade, which it bought in 2017, as the lack of new designs put off shoppers and heavy discounting dented margins and brand value.
The New York-based company said it had profit of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to 42 cents per share. The results beat Wall Street expectations. The average ...