Michael Kors Parent Craters On Blocked Merger With Tapestry
Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.
Widlitz: Tapestry should thank the FTC for getting the company out of the Capri Holdings deal
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of Capri Holdings, the struggles in the luxury retail market, and two names that are bucking the negative trends: Deckers and Skechers.
Tapestry-Capri merger blocked by U.S. judge
CNBC's Kate Rooney joins 'Closing Bell Overtime' with breaking news on the Tapestry-Capri merger.
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors owner Capri
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors owner Capri
Will Tapestry (TPR) Beat Estimates Again in Its Next Earnings Report?
Tapestry (TPR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Tapestry (TPR) is a Top Value Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
US anti-trust trial in Tapestry bid for Capri ends, judge's decision awaited
The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in defending against claims that consumers would face higher prices.
Room to hike Kors prices seen in Tapestry-Capri merger, executive testifies
Fashion holding company Tapestry has room to raise prices and lower discounts on rival Capri's Michael Kors brand if the companies merged, a top Tapestry executive testified on Tuesday as regulators sought to block the $8.5 billion deal.
Interpreting Tapestry (TPR) International Revenue Trends
Explore how Tapestry's (TPR) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Tapestry: Uncertain Outlook With Visible Overhangs
I recommend a hold rating for Tapestry, Inc. due to uncertainties and overhangs, expecting the stock to remain range-bound in the near term. Tapestry's 4Q24 results showed mixed performance, with revenue declines in key brands but improved profitability driven by operational efficiencies and cost management. The Capri acquisition adds further uncertainty, with management's synergy expectations implicitly lowered and Capri's recent poor financial performance raising execution concerns.
U.S. Luxury Market Slows. LVMH, Tapestry, Capri And Ralph Lauren Feel It.
All eyes in the luxury market are fixed on the slowdown in China. With the notable exception of Hermès, most luxury brands are reporting declining sales there.
Tapestry, Inc. (TPR) Q4 2024 Earnings Call Transcript
Tapestry, Inc. (NYSE:TPR ) Q4 2024 Earnings Conference Call August 15, 2024 8:00 AM ET Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer & Chief Operating Officer Todd Kahn - Chief Executive Officer & Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matt Boss - JPMorgan Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Michael Binetti - Evercore ISI Rick Patel - Raymond James Aneesha Sherman - Bernstein Mark Altschwager - Baird Oliver Chen - TD Cowen Operator Good day, and welcome to the Tapestry Conference Call. Today's call is being recorded.
