Coach Parent Tapestry Navigates Tariff Pressures With Strong Core Business

Tapestry, Inc. TPR shares are trading higher on Friday.On Thursday, the parent of Coach and Kate Spade posted fourth-quarter adjusted earnings of $1.04 per share, ahead of the $1.02 consensus, on revenue of $1.72 billion, up 8% year-over-year and above expectations.Coach saw strong handbag revenue growth, driven by a mid-teens AUR gain for the quarter and a low-double-digit gain for the year.Also Read: Why Tapestry Stock Is Cooling Off Despite Coach’s Hot StreakThis reflects compelling innovation and broad- ...