Coach Owner Tapestry Lifts Forecasts on Pricier Handbags, Low Tariff Impact
Tapestry’s shares jumped 10 percent in premarket trading after the conglomerate announced it had raised its 2025 revenue and profit forecasts for a third time this year due to its limited exposure to sweeping US tariffs and price increases for its popular Coach handbags.
Tapestry’s shares jumped 10 percent in premarket trading after the conglomerate announced it had raised its 2025 revenue and profit forecasts for a third time this year due to its limited exposure to sweeping US tariffs and price increases for its popular Coach handbags.
