icecoldbeerarcadegame| Tapestry rose 2.5% Fiscal third quarter adjusted earnings per share exceeded expectations

Coach parent company Tapestry(TPRicecoldbeerarcadegame.US) rose 2.5%icecoldbeerarcadegame, quoted at $39.96. Tapestry announced third-quarter results for fiscal 2024, with sales of US$1.48 billion, down 1.8% year-on-year. Analysts 'consensus forecast was US$1.5 billion; adjusted earnings per share was US$0.81, and analysts' consensus forecast was US$0.67. Coach brand sales increased slightly by 0.1% to US$1.15 billion during the period, in line with expectations. The company maintains its fiscal 2024 earnings per share outlook at $4.20 to $4.25.