Tapestry (NYSE:TPR) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.30 by 70 percent. This is a 288.89 percent increase over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $1.27 billion which beat the analyst consensus estimate of $1.20 billion by 5.83 percent. This is a 18.36 percent increase over sales of $1.07 billion the same period last year.
UBS Maintains Neutral on Estee Lauder Cos, Lowers Price Target to $326
UBS analyst Peter Grom maintains Estee Lauder Cos (NYSE:EL) with a Neutral and lowers the price target from $352 to $326.