From Yahoo Finance: 2025-05-08 11:22:00

Tapestry, parent company of Kate Spade, reported strong third-quarter results, with shares rising after beating estimates. The company raised its full-year revenue and profit outlook, expecting tariffs to have an immaterial impact on fiscal 2025 results due to current inventory and shipping plans. Tapestry’s shares were up 2.5% Thursday morning and 17% higher since the start of the year.

Read more: Coach Parent Tapestry Lifts Full-Year Outlook, Says Tariffs ‘Immaterial’