Tapestry Down Over 17% After 2Q Earnings Miss -- Data Talk
08 February 2019 - 3:26AM
Dow Jones News
Tapestry Inc. (TPR) is currently at $32.40, down $6.91 or
17.57%
-- Would be lowest close since Dec. 24, 2018, when it closed at
$32.30
-- On pace for largest percent decrease since July 31, 2012,
when it fell 18.57%
-- Earlier Thursday, Tapestry reported second-quarter earnings,
on an adjusted basis, of $1.07 a share, flat from the comparable
quarter a year prior. Analysts polled by Refinitiv were expecting
$1.11 a share. Comparable-store sales at Coach rose 1% while
comparable-store sales for Kate Spade fell 11%. Analysts polled by
Consensus Metrix were expecting them to increase 1.8% for Coach and
fall 3.3% for Kate Spade
-- Snaps a two day winning streak
-- Down 16.29% month-to-date
-- Down 3.99% year-to-date
-- Down 33.66% from 52 weeks ago (Feb. 8, 2018), when it closed
at $48.85
-- Worst performer in the S&P 500 today
All data as of 10:46:14 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 07, 2019 11:11 ET (16:11 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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