Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Shares of Tapestry (TPR) surged Thursday morning while Capri Holdings (CPRI) stock slipped after the parent companies of a number of luxury brands called off their planned merger over ongoing legal challenges.
Should Value Investors Buy Tapestry (TPR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TPR & CPRI Scrap Merger, ASML's Bullish A.I. Outlook, JD Slips on Beat
Tapestry (TPR) and Capri (CPRI) agreed to close merger talks due to legal uncertainties, which Tapestry investors favored. ASML Holding (ASML) ticked higher with bullish commentary on their outlook through 2030.
Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.
The Federal Trade Commission had sued to block the deal between the two luxury companies.
Tapestry's stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.' stock jumped 6.8% early Thursday, while Capri Holdings Inc.'s stock fell about 4%, after Tapestry said it's terminating its $8.5 billion merger agreement with its smaller rival.
Coach parent Tapestry terminates $8.5 billion deal for Capri
Tapestry said on Thursday it was terminating its $8.5 billion deal for Michael Kors owner Capri after the deal was blocked by a U.S. judge.
Tapestry (TPR) International Revenue Performance Explored
Review Tapestry's (TPR) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Tapestry's Q1 Earnings Beat, Gross Margin Expands, FY25 View Raised
TPR gains over a million new customers in Q1, primarily Gen Z and Millennials, driving strong first-quarter results. The company raises its fiscal 2025 outlook.
Why Tapestry (TPR) is a Top Growth Stock for the Long-Term
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Tapestry, Inc. (TPR) Q1 2025 Earnings Call Transcript
Tapestry, Inc. (NYSE:TPR ) Q1 2025 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer and Chief Operating Officer Todd Kahn - Chief Executive Officer and Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Michael Binetti - Evercore Rick Patel - Raymond James Mark Altschwager - Baird Dana Telsey - Telsey Group Aneesha Sherman - Bernstein Operator Good day, and welcome to the Tapestry Conference Call. Today's call is being recorded.
Tapestry (TPR) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Tapestry (TPR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tapestry (TPR) Beats Q1 Earnings and Revenue Estimates
Tapestry (TPR) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.93 per share a year ago.
