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Investors Punish Tapestry Shares on Q2 Miss, Lowered Guidance

Investors weren’t happy with Tapestry’s second-quarter earnings results, which missed Wall Street’s adjusted earnings per share and revenue expectations. While Tapestry’s results may not have been what Wall Street expected, it wasn’t a total disaster either, given the return to sales growth of the Stuart Weitzman brand after working through its supply chain issues, and…

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