|Bid||0.00 x 3100|
|Ask||0.00 x 800|
|Day's Range||35.26 - 36.24|
|52 Week Range||31.91 - 55.50|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||14.35|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||1.35 (3.84%)|
|1y Target Est||44.56|
In her sophomore collection for Kate Spade, creative director Nicola Glass has stayed true to the brand’s roots in upbeat designs. (Feb. 12)
Yahoo Finance's Melody Hahm and Yahoo Finance reporter Seana Smith recap on Tapestry's not-so-fashionable Q4 earnings and its sales decline. Despite the numbers, the parent company of Coach and Kate Spade has reason to be optimistic about the year ahead.
Tapestry missed earnings expectations amid a surprising decline in Kate Spade sales. Yahoo Finance's Julie Hyman, Adam Shapiro and Brian Sozzi discuss.
CNBC's Jim Cramer recaps recent earnings reports in the retail space to see who wins out among the apparel brands. Ralph Lauren, Capri Holdings and Columbia Sportswear seem to be working here, the "Mad Money" host says. Tapestry and Canada Goose, on the other hand, aren't looking too hot, he argues.
Headline retail sales dropped 1.2 per cent month-on-month, a sharp turn from November’s 0.1 per cent gain and far worse than the 0.2 per cent increase economists had pencilled in. The “control” category of sales — which strips out items including cars, petrol, building materials and food services — fell by a steeper amount, 1.7 per cent, in the month, the poorest reading since 2001.
Barry Manilow played at the Michael Kors show. The women wore shaggy, faux fur overcoats, tailored knickerbockers, sparkly disco dresses, leg warmers and layered knits. The men wore Shaft-style trench coats and checkered suits.
The Anna Sui collection was inspired by the graphic artists Victor Moscoso, best known for producing rock posters, advertisements and underground comics, and Gary Grimshaw, the radical activist famed for the posters he created from the late 1960s and who, like Sui, grew up in Detroit. Tory Burch, looked back a bit further, to the liberal arts school Black Mountain College, which is associated with such artistic luminaries as Merce Cunningham, John Cage, Josef and Anni Albers and Allen Ginsberg.
T. Rowe Price has cut down its stake in Tesla Inc. to 5.2%, or 8.977 million shares, according to a filing Monday. The institutional investor held a 10.1% stake, or 17.38 million shares, at the end of September, the latest reporting period, according to FactSet. T. Rowe Price also tweaked higher its stake in Tapestry Inc. , formerly Coach, to 10% from 9.9%, and lowered its stake in Canada Goose Holdings Inc. to 10.2% from 12.4%, among other changes. Tesla shares rose 3.3% in midday trading Monday and are 1.8% higher in the past 12 months, which compares with gains of 3.5% for the S&P 500 index.
Tapestry shares have plummeted after an earnings report that suggests weakness in the company’s Kate Spade brand.
It’s a salient reminder of how valuable power brands capable of staging huge attention-grabbing shows are in stimulating interest — not to mention clients, celebrities and critics — in a city. It’s a reminder also of how damaging the absence of just a few shows can be to a city’s reputation as a fashion destination: New York still has Ralph Lauren, Tom Ford, Coach, Michael Kors and Marc Jacobs to play with.
Let's see what the charts and indicators suggest for the parent of names like Coach and Kate Spade. In this daily bar chart of TPR, below, we can see the recent downside price gap or void accompanied by very heavy volume. This does not mean that TPR is out of the technical woods as prices are below the declining 50-day moving average line and the bearish 200-day moving average line.
Tapestry Inc NYSE:TPRView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for TPR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TPR. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding TPR totaled $20.30 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
French luxury handbag label Hermes said on Friday that sales momentum in its Chinese stores stayed strong in the fourth quarter, adding to reassuring signals from rivals over enduring demand in one of the industry's biggest markets. Luxury groups rely on Chinese consumers for over a third of sales, sparking investor jitters over the potential fallout for the sector from China's slowing economic growth and the Washington-Beijing trade war. "We are still growing strongly in Asia, we did not see any change in momentum in our stores in China," Hermes Chief Executive Axel Dumas told journalists on Friday, after the group posted a 9.6 percent rise in fourth quarter sales at constant exchange rates, unchanged from three months earlier.
Stocks that moved substantially or traded heavily on Thursday: SunTrust Banks Inc., up $5.98 to $64.72 Southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank ...
Shares of Coach, Kate Spade parent company plunge almost 17% after fiscal second-quarter earnings ring in well below analysts' expectations.
Tapestry CEO Victor Luis talks with Yahoo Finance following a mixed holiday season that surprised investors.
Inc. said same-store sales at its Kate Spade brand declined 11% in the latest quarter, dragging down overall sales at the owner of Coach and other fashion labels. said Thursday Kate Spade’s sales were hurt by a lack of new products from the previous design team. Overall, Kate Spade’s sales fell 1% to $428 million.
A rough macroeconomic environment and surprise sales woes at Kate Spade hurt second-quarter results.
Bulls argue that the setback from a disappointing earnings report and weaker sales outlook is a temporary one.
Tapestry Stock Fell Due to Dismal Q2 ResultsTapestry’s second-quarter results Tapestry (TPR) stock has fallen 16.6% as of 9:57 AM EST on February 7. The company lagged analysts’ expectations for the second quarter of fiscal 2019, which ended