Affordable luxury goods group Tapestry (NYSE:TPR) delivered (13 August) forecast-beating Q4 earnings driven by margin expansion and double-digit sales growth at core brand Coach. The New York-based company’s sales grew in North America, China and Europe as the firm continued to bag market share. Share price: $128.39 (-16.5%) Market cap: $26bn PE FY27: 16.7 Yield … Continue reading Why Tapestry unravelled despite forecast-beating results