|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||24.74 - 24.74|
|52-week range||24.74 - 24.74|
|Beta (3Y monthly)||1.03|
|PE ratio (TTM)||11.19|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. Active...
Weakness at the millennial-centric brand, which Tapestry has grappled to turn around since buying it in 2017, also prompted the company to cut its full-year profit growth expectations. The struggle to clear Kate Spade excess inventory blunted the impact of new collections from Nicola Glass, a Gucci and Michael Kors alumnus, hired by Tapestry last year to refresh the brand's designs. Chief Executive Officer Victor Luis blamed a lack of newness in some Kate Spade satchels and heavy discounts from competing brands for the drop.
BEIJING/HONG KONG (Reuters) - Chinese brand ambassadors of fashion labels from Coach to Givenchy have severed ties with the companies over products which they said violated China's sovereignty by identifying Hong Kong and Taiwan as countries. The brands are the latest to get into hot water over political issues in China, which has been more assertive in its territorial claims and how it expects foreign companies doing businesses in China to describe them. Italian luxury label Versace and its artistic director, Donatella Versace, apologised on Sunday after one of its T-shirts, depicting the territories of Hong Kong and Macau as countries, was criticised on Chinese social media.
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.
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
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.