Tapestry Boosts FY23 Outlook; Raises Dividend 20% - Update

RTTNews | 907 days ago
Stocktwits
Tapestry Boosts FY23 Outlook; Raises Dividend 20% - Update

(RTTNews) - While reporting financial results for the third quarter on Thursday, Tapestry, Inc. (TPR) raised its earnings and revenue guidance for the full year 2023, due to its outperformance in the third fiscal quarter.

For fiscal 2023, the company now projects earnings in a range of $3.85 to $3.90 per share on revenues approaching $6.7 billion, with constant currency revenue growth of about 3 percent.

Previously, the company expected earnings in the range of $3.70 to $3.75 per share on revenues approximately $6.6 billion, with constant currency revenue growth of about 2 to 3 percent.

On average, 20 analysts polled by Thomson Reuters expect the company to report earnings of $3.71 per share on revenue of $6.64 billion for the year. Analysts' estimates typically exclude special items.

The Company also continues to expect to return approximately $1.0 billion to shareholders in Fiscal 2023, with repurchase of approximately $700 million in common stock and payment of a 20 percent higher annual dividend of $1.20 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: TPR
Stocktwits
read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,850 level, with weakness in iron ore miners, financial, energy and technology stocks partially offset by gains in gold miners and stocks.
RTTNews | 2h 17min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, as traders have been reluctant to make more significant moves ahead of the release of US payroll processor ADP's report on private sector employment on Wednesday. A survey showed economic activity in the U.S. manufacturing sector contracted in October for the eighth consecutive month.
RTTNews | 2h 44min ago
Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

Indian shares are seen opening flat to slightly lower on Tuesday after Federal Reserve officials offered mixed signals about future rate cuts.
RTTNews | 3h 12min ago
Thai Stock Market May Snap Losing Streak On Tuesday

Thai Stock Market May Snap Losing Streak On Tuesday

The Thai stock market has moved lower in three straight sessions, slumping more than 6 points or 0.5 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,310-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 3h 43min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the red, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 52,450 level, with gains in exporters and automaker stocks partially offset by weakness in index heavyweights, technology and financial stocks.
RTTNews | 4h 0min ago
Indonesia Stock Market To Remain Rangebound On Tuesday

Indonesia Stock Market To Remain Rangebound On Tuesday

The Indonesia stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,275-point plateau and it's likely to see little movement on Tuesday.
RTTNews | 4h 13min ago
Tools
Kalender Ekonomi
Jam pasar
Suku bunga
Kalender hari libur
Pasar Valas
Forex Volatility
Forex Correlation
Berita Forex
Analisis Forex
COT Data
Likuiditas
Kalkulator Forex
Forex Heat Map
Indikator ekonomi
Komunitas
Komunitas
Sistems
Most Popular Systems
Strategies
Kontes
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviu
Pialang
Perusahaan Prop Trading
VPS Services
Signal Providers
EA Programming Services
Program Afiliasi
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Bursa Kripto
Kursus trading
Pialang
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions
Siaran Pers
Platform
Widget
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2025 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.