Tapestry Stock Up 30%, What’s Next?
CANADA - 2025/06/16: In this photo illustration, the Tapestry logo is seen displayed on a smartphone ... More screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Note: Tapestry’s FY’24 concluded on June 29, 2024. Luxury fashion brand Tapestry (NYSE: TPR) has experienced a 27% increase year-to-date, significantly outperforming the S&P 500’s 2% return and surpassing peer Ralph Lauren’s (NYSE: RL) 15% growth. This momentum is driven by impressive Q3 earnings, exceptional results at Coach, and an upward adjustment to its full-year FY2025 forecast. The...