#TapestryFallsNearly15%OnEarnings

Tapestry (Coach + Kate Spade) drops almost 15% in a day! 😱

They reported strong numbers:
• Q4 revenues +9%
• Full year $8 billion (+14%)
• Coach soaring (+24% for the year)
…yet the market still punished them hard.

Why?

Next year’s guidance came in weak (only mid-single-digit growth), and Kate Spade still hasn’t recovered. The market doesn’t just look at the past… it looks at the future.

Trader (and dad) lesson: You can have an excellent quarter, but if management doesn’t convince, the stock price punishes you.

In crypto it’s exactly the same. The past doesn’t pay the bills. What matters is the roadmap, execution, and discipline.

My kids sometimes ask me: “Dad, why did it drop if we made money?”

I tell them: the market doesn’t reward you for what you already did… it pays you for what it thinks you’re going to do.

Trade with your head.

Look beyond the hype of the moment.

When you trade, do you focus more on the past or the future guidance?

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