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Tapestry Inc. Faces Loss Amid Tariff Impact, Shares Plummet

8/14/2025

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Summary

Story summary

Tapestry Inc. reported a Q2 2025 GAAP loss of $2.49 per share, missing the $0.98 estimate, despite $1.72 billion in revenue.
The company anticipates a $160 million profit loss due to U.S. tariffs, affecting fiscal 2026 earnings.
Tapestry plans to divest underperforming brands and strengthen its direct-to-consumer model.
Analysts noted a 16% drop in shares but see potential for long-term growth through digital innovation.

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Story summary

Tapestry Inc. reported a Q2 2025 GAAP loss of $2.49 per share, missing the $0.98 estimate, despite $1.72 billion in revenue.
The company anticipates a $160 million profit loss due to U.S. tariffs, affecting fiscal 2026 earnings.
Tapestry plans to divest underperforming brands and strengthen its direct-to-consumer model.
Analysts noted a 16% drop in shares but see potential for long-term growth through digital innovation.