#tapestryfallsnearly15%onearnings
đš Tapestry ($TPR.US ) Slides 15% Despite Strong Earnings
Shares of Tapestry ($TPR.US ) dropped nearly 15%, hitting a six-month low after investors reacted to a weaker-than-expected fiscal 2027 outlook.
đ Q4 Highlights
âą Revenue: $1.88B, up 9% YoY
âą Adjusted EPS: $1.32, beating estimates of $1.28
đ„ Coach remained the company's growth driver, with sales rising 14%. However, Kate Spade continued to struggle, posting a 7% decline in sales, which raised concerns about future growth.
đ The sell-off was driven less by the strong quarter and more by management's guidance. Tapestry expects 2027 revenue of $8.4Bâ$8.5B, slightly below Wall Street expectations.
đ Investors are now watching whether Coach can maintain its momentum and if Kate Spade can return to growth in the coming quarters.
Strong results, weak outlook â and the market chose to focus on the future.
đ Would you view this 15% drop as a buying opportunity or a warning sign?
#Stocks #Earnings #Markets #Investing #Trading
đš Tapestry ($TPR.US ) Slides 15% Despite Strong Earnings
Shares of Tapestry ($TPR.US ) dropped nearly 15%, hitting a six-month low after investors reacted to a weaker-than-expected fiscal 2027 outlook.
đ Q4 Highlights
âą Revenue: $1.88B, up 9% YoY
âą Adjusted EPS: $1.32, beating estimates of $1.28
đ„ Coach remained the company's growth driver, with sales rising 14%. However, Kate Spade continued to struggle, posting a 7% decline in sales, which raised concerns about future growth.
đ The sell-off was driven less by the strong quarter and more by management's guidance. Tapestry expects 2027 revenue of $8.4Bâ$8.5B, slightly below Wall Street expectations.
đ Investors are now watching whether Coach can maintain its momentum and if Kate Spade can return to growth in the coming quarters.
Strong results, weak outlook â and the market chose to focus on the future.
đ Would you view this 15% drop as a buying opportunity or a warning sign?
#Stocks #Earnings #Markets #Investing #Trading