offline
Consumer Goods | Textile - Apparel Footwear & Accessories | USA
Tapestry Shares Unravel After Earnings Miss
Shares of Coach, Kate Spade parent company plunge almost 17% after fiscal second-quarter earnings ring in well below analysts' expectations.
...
Net income for the fiscal second quarter ended Dec. 29 rose to $254.8 million, or 88 cents a share, from $63.2 million, or 22 cents, in the comparable year-earlier period.
On an adjusted basis, per-share earnings came in at $1.07, 4 cents shy of the FactSet consensus estimate of $1.11. Sales, meanwhile, gained 1% to $1.8 billion, also lower than analysts' forecasts of $1.86 billion.
...
https://www.thestreet.com/investing/tape...yptr=yahoo
![[Bild: TPRc1dl1128.png]](https://finviz.com/publish/020719/TPRc1dl1128.png)
Tapestry Shares Unravel After Earnings Miss
Shares of Coach, Kate Spade parent company plunge almost 17% after fiscal second-quarter earnings ring in well below analysts' expectations.
...
Net income for the fiscal second quarter ended Dec. 29 rose to $254.8 million, or 88 cents a share, from $63.2 million, or 22 cents, in the comparable year-earlier period.
On an adjusted basis, per-share earnings came in at $1.07, 4 cents shy of the FactSet consensus estimate of $1.11. Sales, meanwhile, gained 1% to $1.8 billion, also lower than analysts' forecasts of $1.86 billion.
...
https://www.thestreet.com/investing/tape...yptr=yahoo
