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Tapestry, Inc. (TPR)

NYSE - NYSE Delayed price. Currency in USD
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40.31-0.31 (-0.76%)
At close: 04:00PM EDT
40.44 +0.13 (+0.32%)
After hours: 06:47PM EDT
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Trade prices are not sourced from all markets
Previous close40.62
Open40.86
Bid0.00 x 800
Ask0.00 x 1100
Day's range40.06 - 40.88
52-week range25.99 - 48.80
Volume3,678,024
Avg. volume3,874,227
Market cap9.246B
Beta (5Y monthly)1.60
PE ratio (TTM)10.15
EPS (TTM)3.97
Earnings date09 May 2024 - 13 May 2024
Forward dividend & yield1.40 (3.47%)
Ex-dividend date07 Mar 2024
1y target est49.59
  • Associated Press Finance

    Federal Trade Commission sues to block Tapestry's $8.5B acquisition of Capri

    The Federal Trade Commission sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Ltd., saying that the deal would eliminate direct head-to-head competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury handbag arena. The combined Tapestry and Capri would employ roughly 33,000 people worldwide, the agency said. “With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” said Henry Liu, director of the FTC’s bureau of competition in a statement.

  • Barrons.com

    FTC Blocks Tapestry, Capri $8.5 Billion Merger

    Regulators argue the deal would eliminate competition in the market for less expensive luxury handbags.

  • Business Wire

    Tapestry, Inc. Responds to the FTC’s Lawsuit

    NEW YORK, April 22, 2024--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today issued the following statement in response to the Federal Trade Commission’s (FTC) attempt to block its proposed acquisition of Capri Holdings Limited (NYSE: CPRI), a global luxury fashion group consisting of Versace, Jimmy Choo, and Michael Kors: