šŸ‘œšŸ“ˆšŸ‡ŗšŸ‡ø Tapestry Lifts 2025 Revenue Outlook, Rides Tabby Handbag Boom Amid Tariff Shield šŸ”¹ Summary: Tapestry raised its fiscal 2025 revenue forecast to $6.95 billion, marking its third upgrade this year, driven by strong full-price sales of Tabby handbags and minimal exposure to Trump’s tariffs. The upbeat revision reflects robust demand and strategic insulation from trade pressures affecting other luxury and fashion brands. šŸ”¹ Key Points: • Previous revenue forecast was over $6.85 billion, raised in February. • Tapestry’s limited tariff exposure has given it a competitive edge in the U.S. market. • The Tabby handbag line has fueled full-price sales momentum. • This marks the third upward guidance revision for fiscal 2025. • The company continues to leverage brand strength despite global trade headwinds. @CMEActiveTrader Tickers Of Interest: $ES $NQ Tickers Of Interest: $TPR $CPRI $LVMH $USD $EUR $SPY $XLY $QQQ $DIA
āš ļø Coach owner Tapestry raises annual sales forecast - Reuters on Full Story →
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