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#Tapestry่ดขๆฅๅ่กไปท่ท่ฟ15% On August 13 local time, Coach and Kate Spade parent company Tapestry (TPR.US) released its results for fiscal year 2026 fourth quarter and full year. The financial figures themselves are quite impressiveโboth revenue and profit beat expectationsโyet the stock price plunged 16.49%, becoming the worst-performing constituent in the S&P 500 for the day.
๐ Q4 earnings: fully beat expectations
ยท Revenue: $1.877 billion, up 9% year over year, slightly above market expectations of $1.87 billion
ยท Net profit: $347.8 million; net loss in the same period last year was $517.1 million
ยท Adjusted EPS: $1.32, higher than the expected $1.28