Tapestry's Top Lawyer Filed a Stock Transaction. Tariffs Are the Bigger Story
Key PointsThe disposition involved 4,884 shares at $131.72 per share, representing a total value of about $643,000.
Tapestry's chief legal officer, David E. Howard, sold 4,884 shares of the company's common stock on August 19, as disclosed in an SEC Form 4 filing. The transaction, valued at $131.72 per share based on the weighted average sale price, amounted to a total value of $643,000. Despite this personal stock sale, Tapestry maintains a significant presence in the luxury goods market, generating $8.0 billion in trailing twelve-month revenue and boasting a market capitalization of $26.6 billion.
The company's diverse portfolio of heritage brands and robust omnichannel distribution network, along with its global reach in key growth markets, solidify its position as a formidable player in the accessible-to-premium luxury goods sector.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
