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TPR

Tapestry

$47.42

-0.52 (-1.08%)

09:06
08/14/18
08/14
09:06
08/14/18
09:06

Tapestry sees double-digit revenue growth for Kate Spade in FY19

Says took significant steps to position Kate Spade for solid, sustainable growth. Says will focus on global expansion. Expects to add 60-70 stores globally. Says will act locally to ensure company translates relevance. Says will evolve branding to play to core attributes. Says will introduce exceptional and aspirational products. Says upgrading product quality while maintaining price. Says will create immersive channel experiences. Says will elevate customer experiences and build on leadership in digital e-commerce. Says will leverage tapestry platform to optimize supply chain and accelerate growth. Says confident it will be a year of double-digit revenue growth for Kate Spade. Says will continue to see a significant improvement in margin. Says believes Kate Spade brand can approach $2B in sales over time.

  • 14

    Aug

  • 12

    Sep

TPR Tapestry
$47.42

-0.52 (-1.08%)

06/25/18
GSCO
06/25/18
INITIATION
GSCO
Buy
VF Corp. initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Alexandra Walvis initiated VFC Corp (VFC) with a Buy rating, telling investors in a research note that VFC is an "under-appreciated growth asset," with brands with momentum like Vans and "credible" turnaround potential like Wrangler and The North Face, many of which have opportunities for channel shift enabled by digital. The analyst says she is "enthusiastic" about opportunities to deploy cash given VFC's strong balance sheet and expertise in integrating acquisitions. This morning, Walvis also initiated shares of Tapestry (TPR) with a Conviction Buy, Tiffany (TIF) with a Buy and PVH (PVH) with a Sell.
06/25/18
GSCO
06/25/18
INITIATION
GSCO
Sell
PVH Corp. initiated with a Sell at Goldman Sachs
Goldman Sachs analyst Alexandra Walvis initiated PVH Corp (PVH) with a Sell, telling investors in a research note that while the company has benefited from a strong acceleration in growth in Tommy Hilfiger and Calvin Klein, she believes momentum is peaking as a number of tailwinds fade. This morning, Walvis also initiated shares of Tapestry (TPR) with a Conviction Buy and Tiffany (TIF) and VFC (VFC) with a Buy.
07/09/18
WELS
07/09/18
NO CHANGE
Target $56
WELS
Outperform
Tapestry fundamental story intact, guidance likely near-term issue, says Wells Fargo
Wells Fargo analyst Ike Boruchow remains bullish on the Tapestry story and reiterates the name as one of his top idea as he has gained greater confidence in both the Kate Spade turnaround efforts, as well as the trajectory of Coach brand. That said, the analyst does see some headwinds to next full year that the Street does not appear to be modeling, leading him to cut his FY19 EPS as he believes guidance is likely a near-term issue. Boruchow reiterates an Outperform rating and $56 price target on the shares.
07/31/18
UBSW
07/31/18
NO CHANGE
Target $59
UBSW
Buy
Tapestry price target lowered to $59 from $62 at UBS
UBS analyst Jay Sole said one of the main tenets of his buy thesis on Tapestry was that a product shift mix will lead to more full price selling. He recent research has led him to begin to doubt that will occur so he lowered his estimates and price target to reflect it. Sole said he still sees a favorable risk/reward for Tapestry and reiterated his Buy rating while lowering his target to $59 from $62.

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1.02 (2.78%)

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$30.27

-0.04 (-0.13%)

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CIEN

Ciena

$32.14

0.535 (1.69%)

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TDC

Teradata

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0.65 (1.74%)

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HESM

Hess Midstream Partners

$19.43

0.38 (1.99%)

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TOCA

Tocagen

$11.22

-1.63 (-12.68%)

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  • 13

    Dec

ALL

Allstate

$82.37

-0.12 (-0.15%)

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XOM

Exxon Mobil

$76.04

-0.64 (-0.83%)

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NDSN

Nordson

$111.83

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Alibaba

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OXM

Oxford Industries

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$15.25

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OXM

Oxford Industries

$74.88

0.895 (1.21%)

18:58
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OXM

Oxford Industries

$74.88

0.895 (1.21%)

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OXM

Oxford Industries

$74.88

0.895 (1.21%)

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Earnings
Oxford Industries reports Q3 adjusted EPS 14c vs. 17c last year »

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NEXT

NextDecade

$4.74

0.04 (0.85%)

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UAL

United Continental

$89.63

1.49 (1.69%)

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AKAO

Achaogen

$1.80

0.06 (3.45%)

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FLR

Fluor

$34.11

0.29 (0.86%)

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FIVE

Five Below

$101.38

1.86 (1.87%)

17:55
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BTC

Bitcoin

$0.00

(0.00%)

, BITCOIN

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$0.00

(0.00%)

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PK

Park Hotels & Resorts

$29.28

0.08 (0.27%)

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PK

Park Hotels & Resorts

$29.28

0.08 (0.27%)

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CNP

CenterPoint Energy

$28.90

0.12 (0.42%)

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