Tapestry, Inc. Reports Fiscal 2021 Third Quarter Results
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Tapestry Inc. (TPR) PT Raised to $56 at Piper Sandler Following Earnings
May 6, 2021 1:35 PM EDTPiper Sandler analyst Erinn E. Murphy raised the price target on Tapestry Inc. (NYSE: TPR) to $56.00 (from $54.00) while maintaining a Overweight rating.
... MoreTapestry Inc. (TPR) PT Raised to $58 at Wells Fargo Following Earnings
May 6, 2021 12:49 PM EDTWells Fargo analyst Ike Boruchow raised the price target on Tapestry Inc. (NYSE: TPR) to $58.00 (from $52.00) while maintaining an Overweight rating following results.
The analyst commented, "A top recovery pick that continues to ride multiple tailwinds into '21. Continued momentum at Coach, an... More
Tapestry (TPR) Tops Q3 EPS by 21c, Revenues Beat
May 6, 2021 6:47 AM EDTTapestry (NYSE: TPR) reported Q3 EPS of $0.51, $0.21 better than the analyst estimate of $0.30. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.2 billion.
Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, Our third quarter results significantly outpaced expectations, underscoring the power of the Acceleration Program and enthusiasm for our brands. Through a sharpened focus on the consumer, we fueled new customer acquisition at Coach, Kate Spade, and Stuart Weitzman and delivered robust sales growth led by Digital and China. Importantly, for the third consecutive quarter, we achieved... More
