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.
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TPR demonstrates strong brand momentum, digital growth, global expansion and solid performances across its core segments.
Tapestry (TPR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Tapestry (TPR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
TPR leverages strong brand momentum and global expansion, with Coach at the forefront of its growth in the retail and fashion space.
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Tapestry is an appealing investment with strong brand performance, global expansion and a focus on digital growth.
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Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Tapestry (TPR) or On Holding (ONON). But which of these two stocks presents investors with the better value opportunity right now?
Tapestry's strong brand positioning, digital growth and global expansion, combined with a focused strategy, make it an attractive long-term investment.
Here is how Tapestry (TPR) and TripAdvisor (TRIP) have performed compared to their sector so far this year.