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Coach parent Tapestry cuts profit forecast on tariff hit

CNBC on MSN · 1d

Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits

Shares of Coach and Kate Spade parent Tapestry fell on Thursday after it said tariffs will hurt its profits. The company said the higher duties will total $160 million for the full year. Yet CFO Scott Roe said consumer demand hasn't slowed, and has even accelerated so far in the current quarter.

Investopedia on MSN · 1d

Tapestry Stock Slumps as Coach, Kate Spade Parent Cuts Outlook on Tariff Costs

Tapestry shares slumped 15% Thursday after the Coach and Kate Spade parent gave a weaker-than-expected outlook as it warned it would take a significant hit from new tariffs.

Reuters on MSN · 1d

Tapestry forecasts annual profit below estimates on tariff pain, shares plunge

Tapestry forecast annual profit below estimates on Thursday, as the Coach handbag maker grapples with higher tariff costs, sending the company's shares down 8% in premarket trading.

2don MSN

Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers

Tapestry kept up a brisk pace of sales in the April-June quarter, with revenue likely growing 5.5%, thanks to growing demand ...

1don MSN

Tapestry’s Strong Gains at Coach Tempered by $855M in Kate Spade Charges

But Kate Spade continued to be a drag on the top line with business down 13 percent to $252.6 million in the quarter. The ...

21h

Tapestry: Tariffs Are The Least Of My Worries

Tapestry's stock surge pushed it to mind-boggling valuations relative to the industry. Check out why I resume coverage on TPR ...

5h

Tapestry’s $50M+ De Minimis Hit Shows How the Trade ‘Loophole’ Wasn’t Just a Favorite of Shein’s

The Coach parent’s CFO said the elimination of the duty-free rule would contribute about a third of the expected $160 million ...

Money Morning20h

Tapestry Plunges After Earnings. Is TPR Stock a Buy Below $100?

Tapestry ( TPR) is a company that owns luxury fashion brands like Coach and Kate Spade. The stock has been on a stellar rally ...

18h

Coach Parent Tapestry Navigates Tariff Pressures With Strong Core Business

Tapestry shares rose as strong Coach sales fueled a "strong start to FY26" and lifted the company's revenue outlook.

1don MSN

Tapestry takes an $855 million write down on Kate Spade—and offers a reminder of how risky M&A is in the fashion world

It turns out Tapestry can’t even turn around an acquired brand it has owned for years, well before that Capri news was ...

12d

Tapestry: Coach Leads A Weak Luxury Market

Tapestry faces high expectations ahead of Q4 earnings, but rising valuation limits upside despite Coach’s strength. Find out ...

1don MSN

Millennial and Gen Z customers are flocking to Coach. So why is Tapestry’s stock tanking?

Shares of fashion-brand company Tapestry were falling sharply, as results from the Coach and Kate Spade parent weren’t good ...

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