TPR Tapestry Inc

Tapestry Inc. (TPR) is currently at $32.40, down $6.91 or 17.57%

-- Would be lowest close since Dec. 24, 2018, when it closed at $32.30

-- On pace for largest percent decrease since July 31, 2012, when it fell 18.57%

-- Earlier Thursday, Tapestry reported second-quarter earnings, on an adjusted basis, of $1.07 a share, flat from the comparable quarter a year prior. Analysts polled by Refinitiv were expecting $1.11 a share. Comparable-store sales at Coach rose 1% while comparable-store sales for Kate Spade fell 11%. Analysts polled by Consensus Metrix were expecting them to increase 1.8% for Coach and fall 3.3% for Kate Spade

-- Snaps a two day winning streak

-- Down 16.29% month-to-date

-- Down 3.99% year-to-date

-- Down 33.66% from 52 weeks ago (Feb. 8, 2018), when it closed at $48.85

-- Worst performer in the S&P 500 today

All data as of 10:46:14 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 07, 2019 11:11 ET (16:11 GMT)

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