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tz-plus logo Stocks in Action USA and International: AppLovin, Unity, Tapestry

L. Kulikov
Reading Time: 4 minutes

Tapestry surprises with strong quarter – Coach booms, profit forecast rises, and share buybacks are expanded! Tapestry continues to benefit from strong demand for its core brand Coach, significantly exceeding analysts' expectations in the first fiscal quarter. Net income rises to $360 million or $1.76 per share, compared to $275 million and $1.28 per share in the same period last year. The adjusted earnings per share reach $1.82, clearly above the analyst consensus of $1.56. Revenue grows by 11% to $1.89 billion, also surpassing the expected...

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