TPR Stock Falls 10% Despite Q1 Earnings Beat & Raised FY26 Outlook
Key Takeaways Tapestry's Q1 earnings rose 35% y/y to 7.3B in revenues.Shares fell 9.6% as investors reacted to tariff headwinds and ongoing softness at Kate Spade.Tapestry, Inc. (TPR) reported impressive first-quarter fiscal 2026 results that exceeded the Zacks Consensus Estimate for revenues and earnings. The company delivered year-over-year growth in its top and bottom lines, and also ...