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Tapestry Stock Sets All-Time High on Soaring Coach Sales

Feb 06, 2025
Once upon a time, there was a company called Tapestry that sold beautiful clothes and accessories. They had a brand named Coach that sold a lot of items, making their sales go up by 11%! This made their shares in the company reach a record high. Tapestry also owns Kate Spade and Stuart Weitzman, but their sales were not as good as Coach. Kate Spade's sales went down by 10% and Stuart Weitzman's sales dropped by 15%. But overall, Tapestry did really well and earned a lot of money. Because Tapestry did so well, they decided to raise their profit and sales goals for the year. This means they expect to make even more money in the future. People were really happy with Tapestry's success, and their shares in the company went up by 14%! Tapestry said they did a good job selling their products in a tough world where the economy is complicated. They worked hard to make money and did a great job. In the end, Tapestry made a lot of money and their shares went up high. People were excited about their success, and Tapestry hopes to keep doing well in the future. It's important to work hard and sell nice things to make money, just like Tapestry did!

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