Tapestry stock pops on Q2 earnings driven by handbag demand

In this article:

Shares of Tapestry Inc. (TPR) are rallying on Thursday following the company's second-quarter results, which beat analyst expectations for both revenue and profit. The luxury goods giant, which owns popular brands Kate Spade, Stuart Weitzman, and Coach, attributed much of its success to surging demand for the Coach Tabby bag.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith

Advertisement