Tapestry Stock Rises 56% in a Year: A Signal to Buy or Time to Wait?
Tapestry, Inc. (TPR) has experienced a remarkable jump in its share price over the past year. The stock has rallied 56.2%, significantly outpacing the Zacks Retail-Apparel and Shoes industry’s 6.8% decline. The company’s enhanced operational efficiency and growth initiatives have also helped it outperform the broader Retail-Wholesale sector and the S&P 500 index’s growth of 11.3% and 6.5%, respectively, during the same period.This remarkable surge has sparked curiosity among investors, leaving them to quest ...