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Coach parent Tapestry reports 126 percent growth in Q4 sales

Fourth quarter net sales at Tapestry totaled 1.62 billion dollars, representing a 126 percent increase. On a 13-week basis, the company’s net sales increased 113 percent versus prior year and rose 1 percent as compared to pre-pandemic levels. The company said, net income for the quarter was 200 million dollars on a reported basis, with earnings...

Aug 19, 2021