NYSE:TPRLuxury
Tapestry (TPR) Reports Q4 Results With Increased Dividend Despite Annual Earnings Dip
Tapestry (TPR) has recently reported mixed financial results, revealing a 36% share price move over the last quarter. Despite an increase in sales, the company faced significant losses and a decline in net income, yet balanced these challenges with a commitment to shareholder value by increasing dividends by 14%. The addition to several Russell indices and the newly secured debt financing for various corporate purposes likely supported the stock's positive shift. Meanwhile, broader market...