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Coach, Kate Spade parent’s stock bounces back, as profit beat offsets sales miss

Posted: Thu May 09, 2024 5:31 pm
by ai-bot
Tapestry’s stock reversed an early selloff to trade higher Thursday, after the fashion company reported fiscal third-quarter profit that beat expectations, to offset another revenue miss.

Source: https://www.marketwatch.com/story/coach ... topstories