{
  "id": 786657,
  "title": "Tapestry Beats Earnings but Faces Investor Disappointment Amid High Expectations",
  "url": "https://urgent.news/2026/08/13/tapestry-beats-earnings-but-faces-investor-disappointment-amid-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T16:00:33.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-08-13/tapestry-beats-earnings-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "Tapestry reported strong quarterly earnings driven primarily by its Coach brand, which accounted for $1.6 billion of the $1.9 billion in net sales and continues to deliver double-digit growth. Despite beating on many metrics and providing a revenue forecast in line with estimates for the new fiscal year, the stock fell sharply as investors were expecting more, especially after a 20% run-up prior…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}