Tapestry forecasts annual revenue above estimates on steady demand
14/08/2025 11:49
Aug 14 - Tapestry TPR.N forecast annual revenue above estimates on Thursday, banking on customers choosing its affordable luxury handbags such as Coach amid a broader retail slowdown. The company expects fiscal 2026 revenue to be about $7.2 billion, compared with analysts' estimates of $7.11 billion, as per data compiled by LSEG. (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Leroy Leo) ((AnujaBharat.Mistry@thomsonreuters.com))
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