Tapestry, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results

Go back to Tapestry, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results

Tapestry Inc. (TPR) PT Raised to $46 at Cowen

August 18, 2022 5:41 PM EDT

Cowen analyst Oliver Chen raised the price target on Tapestry Inc. (NYSE: TPR) to $46.00 (from $40.00) while maintaining an Outperform rating following earnings.

The analyst commented, "We believe trend-right products that embrace social engagement and data are driving a continuation of attractive brand... More

Tapestry (TPR) Tops Q4 EPS by 1c; Guides In-Line

August 18, 2022 6:53 AM EDT

Tapestry (NYSE: TPR) reported Q4 EPS of $0.78, $0.01 better than the analyst estimate of $0.77. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.64 billion.

GUIDANCE:

Tapestry sees FY2023 EPS of $3.80-$3.90, versus the consensus of $3.91. Tapestry sees... More