Tapestry (TPR) shares surged nearly 15% to a record high as the owner of fashion retail brands set record holiday-quarter revenue and boosted its guidance on strong sales of its Coach products.

The parent of brands that also include Kate Spade and Stuart Weitzman reported fiscal 2025 second-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) o🌊f $2.00, with revenue up 5% year-over-year to $2.20 billion. Both were above Visible Alpha estimates. 

Coach sales soared 11% year-over-year to $1.71 billion, while sales at Kate Spade fell 10% to $416.4 million and they drꦗopped 15% to $69.7 million at Stuart Weitzman.

The company said that during the period it advanced its strategic priorities, "resulting in accelerated revenue and adjusted EPS growth, and significant 澳洲幸运5官方开奖结果体彩网:cash flow gene𓆉ration against a complex global economic and consumer environme🐽nt."

Tapestry Raises Full-Year Profit, Sales Outlook

Tapestry now sees full-year 2025 EPS of $4.85 to $4.90 compared to the earlier $4.50 to $4.55. It anticipates revenue at $6.85 billion, about 3% above 2024 and ahead🍌 of the 1% to 2% growth it predicted in its previous outlook.

Shares of Tapestry soared more than 14% to $83.86 in recent trading after touching a record $87.87 earlier Thursday morning. They have doubled over the last year.