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Tapestry reports a strong Q4 but trims earnings outlook for the full year. Here’s why TPR shares are not worth buying on the ...
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The Manila Times on MSNCoach parent Tapestry cuts profit forecast
COACH parent Tapestry forecast annual profit below expectations due to rising tariffs, sending its shares plunging 14 percent, and said it planned to cut the number of handbag styles offered as ...
The Coach parent’s CFO said the elimination of the duty-free rule would contribute about a third of the expected $160 million profit hit from tariffs this year.
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