Tapestry, headquartered in New York City, provides luxury accessories under brands like Coach, Kate Spade, and Stuart Weitzman, employing 12,600 people since its IPO on October 5, 2000. The company operates through three segments, focusing on global sales via retail, e-commerce, and wholesale channels.
TPR has been in the news recently: Applied Materials has consistently exceeded earnings estimates 81% of the time and currently has a target price of $220 per share, reflecting a 13% increase this year. Additionally, Apple shares have risen over 4% recently, supported by a significant $100 billion investment in U.S. manufacturing, while Wall Street is closely monitoring upcoming inflation data that could impact Federal Reserve policy.
📡️ Consumer Discretionary
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