Coach parent Tapestry posts earnings miss amid deal with Capri Holdings

Tapestry (TPR), the parent company of luxury designer brands like Coach and Kate Spade, posts an all-around earnings miss in its fourth quarter, divulging a weakened forecast. Yahoo Finance’s Brad Smith and Julie Hyman check out Tapestry’s stock value while examining the impact its acquisition of Capri Holdings (CPRI) could have on its consumer base.
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