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Stock impact report

Michael Kors Owner Capri Sees Business Fall Further as Revenues Drop 16.4% [Yahoo! Finance]

Tapestry, Inc. (TPR) 
Last tapestry, inc. earnings: 4/30 06:45 am Check Earnings Report
US:NYSE Investor Relations: tapestry.com/investors
Company Research Source: Yahoo! Finance
More from WWD Melania Trump Often Gets Snubbed by American Designers but Her Stylist Keeps Shopping Fashion Remains Cautious on President-elect Trump While Wall Street Celebrates Fashion Companies Look to Move On After the Election Adjusted earnings were better at 65 cents a share, but still 10 cents below the 75 cents analysts projected. “Overall, we were disappointed with our second-quarter results as performance continued to be impacted by softening demand globally for fashion luxury goods,” said John Idol, chairman and chief executive officer, in a statement. “Despite the challenging global retail environment, we remain focused on executing our strategic initiatives to deliver long-term sustainable growth across all three of our luxury houses.” The declines were seen across all of Capri's three brands in the quarter. Versace revenues fell 28.2 percent to $201 million with retail sales that showed a decline in the high teens. Revenue in the Americas was down 33 perce Show less Read more
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