Tapestry Stock: Plenty Of Positives Beyond The Capri Acquisition
Capri (CPRI) Seeking Alpha·2024-03-13 06:23
tupungato Tapestry, Inc. (NYSE:TPR) has captured a new wave of operating and financial momentum, quietly pushing shares to a near 3-year high. The company's latest quarterly report beat expectations, highlighted by expanding margins, turning the page on a challenging last couple of years between the pandemic disruptions and the more recent wave of inflationary cost pressures. It's been a few years since we last covered Tapestry, and while a lot has changed, we sense that the outlook is stronger than ever co ...