Tapestry (TPR) in the Pivotal Point Check: $1.5 Billion Cash Return for Shareholders - Coach Renaissance and Gen Z Fuel the Luxury Group!

Sales jump of 14% due to massive growth of the Coach brand.   Earnings target for 2026 significantly raised to up to $6.45 per share.   $1.5 billion is expected to flow to shareholders through dividends and buybacks.   Tapestry is the New York luxury goods group behind well-known brands such as Coach and Kate Spade. On February 5, the company far exceeded Wall Street's expectations. The stock reacted with a significant jump of over 10%, reaching a new record high of over $145 during trading. This rally was triggered by excellent...