Tapestry lifts annual forecasts as Tabby handbag craze fuels blowout holiday quarter

Core Viewpoint - Tapestry raised its annual earnings targets for the second time due to strong demand for its Tabby handbags, which led to a significant beat in holiday-quarter estimates [1] Group 1 - Tapestry's strong performance was driven by the popularity of its Tabby handbags [1] - The company comfortably exceeded holiday-quarter estimates, indicating robust consumer demand [1] - This marks the second time Tapestry has increased its annual earnings targets this year [1]