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JPMorgan Likes Tapestry After Chat With Coach Parent Company
Monday, November 16, 2020 - 4:48pm | 379Read More...JPMorgan analysts hosted Tapestry Inc (NYSE: TPR) CEO Joanne Crevoiserat, interim CFO Andrea Resnick and VP/IR Christina Colone, and the main takeaway was management's "clear confidence" in a growth profile. The Tapestry Analyst: Matthew Boss upgraded Tapestry's stock from...
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Analyst Blasts Tapestry For 'Lack Of Innovation'
Friday, August 16, 2019 - 1:39pm | 564Read More...Coach and Kate Spade parent company Tapestry Inc (NYSE: TPR) saw its stock lose nearly one quarter of its value Thursday in reaction to a poor fiscal fourth-quarter earnings report. Two analysts debated if investors should buy the dip or stay clear. Tigress: Where's The Innovation? The Kate...
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Tapestry Analyst Says Fashion Retailer Has 'Lots Of Boxes To Check' In Q4 Report
Monday, August 12, 2019 - 5:31pm | 400Read More...Coach and Kate Spade parent company Tapestry Inc (NYSE: TPR) showed "healthy progress" in its third-quarter report, but still has "lots of boxes to check" when it issues its next quarterly report Thursday, according to Baird. The Analysts Mark Altschwager maintained an...
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Analyst Reiterates Bullish Stance On Tapestry, Says China Remains Biggest Opportunity
Monday, June 10, 2019 - 1:32pm | 324Read More...After hosting an investor dinner with several Tapestry Inc (NYSE: TPR) executives including CEO Victor Luis, Piper Jaffray maintains its bullish stance on the company. The Analyst Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating with a $40 price target. The Thesis Murphy said...
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Analysts Find No Frays In Tapestry's Quarter
Friday, May 10, 2019 - 1:39pm | 709Read More...Tapestry Inc (NYSE: TPR) recorded mixed third-quarter earnings with a 42-cent bottom-line exceeding 41-cent estimates and $1.33 billion in revenue falling short of $1.34 billion forecasts. Analysts were generally bullish on the report. “[The] results reflect the favorable impact of go-forward...
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Wells Fargo Likes Tapestry, Says 'Coach Brand Back In Action'
Monday, March 4, 2019 - 4:31pm | 408Read More...Wells Fargo's research team had the opportunity to travel with luxury accessories and lifestyle brand company Tapestry Inc (NYSE: TPR)'s management team, including CEO Victor Luis. The Analyst Wells Fargo's Ike Boruchow maintains an Outperform rating on Tapestry with an unchanged $...
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Survey: Michael Kors Still The Preferred Handbag Among Teens
Thursday, October 25, 2018 - 2:34pm | 423Read More...Its popularity may be declining, but Michael Kors Holdings Ltd (NYSE: KORS) is still far and away the preferred handbag among teens. Thirty percent of female respondents said that Michael Kors is their preferred handbag brand, according to Piper Jaffray's latest "Taking Stock With...
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Needham Sees Growth Opportunities For Tapestry Despite Tariff Concerns
Tuesday, October 16, 2018 - 11:52am | 381Read More...From a sell-off to a new brand name and the purchase of Kate Spade, Tapestry, Inc. (NYSE: TPR), formerly known as Coach, has had a year of transition. On Tuesday, the luxury apparel conglomerate picked up a new sell-side bull. The Analyst Needham analyst Rick Patel upgraded Tapestry from...
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Benzinga Pro's 5 Stocks To Watch Today
Tuesday, August 14, 2018 - 8:54am | 431Read More...Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user! The Coca-Cola Co (NYSE: KO) stock was trading flat Tuesday after the beverage company announced a new strategic relationship with BodyArmour. As part...
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UBS Initiates Coverage On Apparel Retailers, Calls Aerie A $2 Billion Brand
Thursday, June 21, 2018 - 4:17pm | 807Read More...UBS has initiated coverage on a several apparel retail names. The Analyst Analyst Jay Sole initiated coverage of the following stocks: American Eagle Outfitters (NYSE: AEO): a Buy rating, $33 price target. Gap Inc (NYSE: GPS): Neutral, $33 price target. Michael Kors Holdings Ltd (NYSE: KORS...
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Fashion Designer Kate Spade Found Dead Of 'Apparent Suicide'
Tuesday, June 5, 2018 - 12:48pm | 334Read More...Designer Kate Spade was found dead Tuesday of an apparent suicide in her Manhattan apartment, according to The Associated Press. What Happened Law enforcement officials told The Associated Press she was found with a red scarf around her neck attached to a doorknob. A housekeeper found a note left...
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Tapestry Falls 15% Following Q3 Earnings; Kate Spade In Focus
Tuesday, May 1, 2018 - 1:19pm | 450Read More...Shares of Tapestry Inc (NYSE: TPR) fell more than 15 percent Tuesday after the parent company of multiple luxury fashion brands such as Kate Spade, Coach and Stuart Weitzman reported its third-quarter results. What Happened Tapestry beat EPS estimates by 4 cents, coming in at 54 cents per share;...
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Canaccord Expects Tapestry To Deliver Double-Digit EBIT Growth
Monday, February 5, 2018 - 6:04pm | 318Read More...Tapestry Inc (NYSE: TPR) is scheduled to report second-quarter earnings Feb. 6. The Analyst Canaccord Genuity's Camilo Lyon reiterated a Buy rating on Tapestry with a $58 price target. The Thesis Lyon is optimistic ahead of the earnings report and said he expects the...
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Coach Is Changing Its Name To...Tapestry?
Wednesday, October 11, 2017 - 9:53am | 512Read More...Fashion designer and retailer Coach Inc (NYSE: COH) announced Wednesday it will be changing its name to Tapestry, Inc. effective as of the end of the month. The company's stock will also begin trading under the ticker "TPR" at that time. You've Got A Friend The company's...
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Coach Needs Time To 'Digest' Kate Spade, Stock Could Take Time To Adjust
Thursday, October 5, 2017 - 11:59am | 385Read More...Analysts at Piper Jaffray feel now is the time for Coach Inc (NYSE: COH)'s investors to move to the sidelines as the stock needs a "period of digestion." The firm's Erinn Murphy downgraded Coach's stock from Overweight to Neutral with a price target lowered from $48 to $43....
