Shares of Tapestry, Inc. (NYSE:TPR), a company that owns accessories and lifestyle brands such as Coach, Kate Spade, and Stuart Weitzman, are trading higher on Thursday. The company reported fourth-quarter adjusted earnings per share of 92 cents, beating the analyst consensus of 88 cents. Quarterly sales of $1.59 billion (down 2%) beat the $1.58 billion estimate. In North America alone, the company drove customer engagement by acquiring over 6.5 million new customers during the year, more than half of whom were Gen Z and …
