Tapestry's earnings and sales beat expectations, but shares skidded after the fashion house warned that tariffs would hurt this year’s profits. The owner of Coach and Kate Spade said it would take a $160 million hit on tariff-related costs this fiscal year. Net sales were driven by a 13% increase at Coach.
Continue Reading
View Comments
Tapestry Stock Slides After Tariffs Dent Kate Spade Owner's Outlook
Published 2 months ago
Aug 14, 2025 at 2:32 PM
Positive
Auto