Shares of Tapestry Inc. ( ) are rallying on Thursday following the company's second-quarter results, which beat analyst expectations for both revenue and profit. The luxury goods giant, which owns popular brands Kate Spade, Stuart Weitzman, and Coach, attributed much of its success to s For more expert insight and the latest market action, click to watch this full episode of Market Domination.
Video Transcript I am locked and loaded on coach and Kate Spade owner Tapestry after an earnings made Indecent for commentary, uh decent quarter for tapestry Julie. You know, I am very excited about the new quilted tabby bag. Uh I encourage everybody to go to the site and check that one out.
It's like a little, it's like a little shoulder baggy thing, but it's like quilted in certain spots, only $450 you know, that's really good also, uh some new blue slides for men. So it has like the coach, that whole thing, that whole thing holds your feet and like it's blue on the bottom. Very exciting.
But overall, I think for this stock to work even higher and it has been on a nice run. You have to get clarity on that capri holdings deal. Uh And until that gets done, uh where would this next move in? Tapestry is gonna be in question? Ok.
So a couple of things in reaction that you hit me with a lot first things first. Um On a side note, walking around New York City during my commute, anyone wearing a pair of slides looks so uncomfortable and as though they were having trouble walking, the point is .