From CNBC: 2025-02-06 08:49:38

Shares of Coach parent company Tapestry surged by 15% in premarket trading after beating holiday-quarter sales expectations and raising its full-year revenue forecast to over $6.85 billion, 3% higher than the previous year. Tapestry’s results contrast Capri’s, with sales of Versace and Michael Kors dropping. Coach remained the top performer, with an 11% revenue increase. Tapestry’s full-year guidance includes a 10% tariff on Chinese imports, but it is not expected to significantly impact results due to limited manufacturing in China.



Read more at CNBC:: Tapestry (TPR) Q2 2025 earnings