Tapestry Q2 Earnings Beat, Gross Margin Rises Y/Y, FY25 View Hiked
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Tapestry (TPR) reported better-than-expected Q2 earnings and an increase in gross margin year-over-year. The company is focusing on omni-channel experiences and has raised its fiscal 2025 outlook.
February 06, 2025 | 7:00 pm
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Tapestry reported strong Q2 earnings, with a year-over-year increase in gross margin. The company has raised its fiscal 2025 outlook, driven by its focus on omni-channel experiences and brand engagement.
The positive earnings report and increased gross margin indicate strong financial performance. The raised fiscal 2025 outlook suggests confidence in future growth, likely boosting investor sentiment and stock price in the short term.
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