Tapestry swings to profit that beats expectations, as Coach and Kate Spade sales top forecasts

Shares of Tapestry Inc. rallied 2.2% in premarket trade, after the Coach and Kate Spade parent reported fiscal fourth-quarter earnings and sales that rose above expectations, and provided an upbeat outlook......»»

Coach, Kate Spade and Stuart Weitzman parent Tapestry, Inc. said although sales dropped 7% over the holiday shopping period it expects full-year revenue to reflect a 10% increase thanks to strong digital sales and gains in China. Joanne C.....»»

The luxury brand Tapestry handily beat quarterly profit expectations but warned that the virus outbreak in China is “significantly impacting” its business. The owner of Coach and Kate Spade said... To view the full story, click the title link......»»

Tapestry Inc reported quarterly profit above market expectations on Tuesday, but warned of weakness at its Kate Spade business due to tariffs on apparel and jewelry imported from China......»»

Revenue from Kate Spade sales saw a 31 percent increase following the death of the founder of the brand. Tapestry (NYSE: TPR), which owns the Kate Spade, Coach and Stuart Weitzman brands, forecast full-year sales above analysts’ expectations on Tu.....»»

Tapestry Inc. reported fiscal first-quarter net income of $122.3 million, o.....»»

Harley-Davidson beat expectations for profit Tuesday and stuck to its full-year shipment forecast, allaying fears of another major hit from European import tariffs and a further slump in sales in its main U.S. market......»»

Harley-Davidson Inc beat expectations for profit on Tuesday and stuck to its full-year shipment forecast, allaying fears of another major hit from European import tariffs and a further slump in sales in its main U.S. market......»»

Tapestry results beat expectations, but the company announced problems with the Stuart Weitzman brand that are expected to persist......»»

Tapestry results beat expectations, but the company announced problems with the Stuart Weitzman brand that are expected to persist and a pullback at Kate Spade......»»

Shares of CBS Corp. fell nearly 1% in the extended session Thursday after the media company reported third-quarter per-share profit above expectations and sales that met forecasts. CBS said it earned $488 mill.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Lowe's Companies reported Wednesday fiscal first-quarter profit, sales and same-store sales that rose above expectations, and provided an upbeat outlook, but the home improvement retailer's stock fell 1.5% in premarket t.....»»

Shares of Home Depot Inc. surged 2.3% in premarket trading Tuesday, after the home improvement retail giant reported fiscal first-quarter profit and sales that were well above expectations, citing "unprece.....»»

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Shares of Energizer Holdings Inc. jumped 1.7% toward a nine-month high in premarket trading Monday, after the batteries and lighting products company beat adjusted profit and sales expectations and.....»»

Becton Dickinson & Co. reported Thursday fiscal second-quarter profit and sales that rose above expectations, boosted by $480 million in COVID-19 testing sales, and a.....»»

Shares of DuPont de Nemours Inc. rose 0.9% in premarket trading Tuesday after the specialty materials, chemicals and agricultural products company reported first-qu.....»»

Shares of Mosaic Co. dropped nearly 5% in the extended session Monday after the producer of potash and phosphate fertilizers beat Wall Street expectations for its first quarter .....»»