Latest news with #TPR
Yahoo
3 days ago
- Business
- Yahoo
This ‘Strong Buy' Stock Just Hit New All-Time Highs
Tapestry (TPR) shows exceptional technical momentum and shares set a new all-time high on July 14. TPR has a 100% 'Buy' signal via Barchart. The stock has gained 127% over the past year and trades above its key moving averages. Its fundamentals are solid, but some advisory services warn TPR could be overvalued. Valued at $20.44 billion, Tapestry (TPR), which was formerly known as Coach, Inc., is the designer and marketer of fine accessories and gifts. The company offers lifestyle products, which include handbags, women's and men's accessories, footwear, jewelry, seasonal apparel collections, fragrances, and watches. I found today's Chart of the Day by using Barchart's powerful screening functions. I sorted for stocks with the highest technical buy signals, superior current momentum in both strength and direction, and a Trend Seeker 'buy' signal. I then used Barchart's Flipcharts feature to review the charts for consistent price appreciation. TPR checks those boxes. Since the Trend Seeker signaled a buy on May 7, the stock has gained 31.68%. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. TPR Price vs. Daily Moving Averages: Editor's Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report. These technical indicators form the Barchart Opinion on a particular stock. Tapestry shares hit a new all-time high on July 14, touching $100.27 in morning trading. TPR has an 100% technical 'Buy' signal. The stock recently traded at $98.43, above its 50-day moving average of $82.90. Tapestry has a Weighted Alpha of +147.23. The stock has gained 126.38% over the past year. TPR has its Trend Seeker 'Buy' signal intact. Tapestry is trading above its 20, 50 and 100-day moving averages. The stock made 14 new highs and gained 27% in the last month. Relative Strength Index is at 79.60%. The technical support level is $97.27. $20.44 billion market cap. Trailing price-earnings ratio of 19.65x. Dividend yield 1.42%. Revenue is projected to grow 4.36% this year and another 2.09% next year. Earnings are estimated to increase 18.11% this year and increase an additional 6.54% next year. I don't buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping a stock, it's hard to make money swimming against the tide. It looks like Wall Street analysts are bullish, but some major advisory sites aren't. The Wall Street analysts tracked by Barchart issued 14 'Strong Buy,' two 'Moderate Buy,' and four 'Hold' opinions on the stock. Value Line gives the stock its highest rating. CFRA's MarketScope rates the stock a 'Hold.' Morningstar thinks the stock is 53% overvalued. 45,660 investors monitor the stock on Seeking Alpha, which rates the stock a 'Hold.' Tapestry currently has momentum and is hitting new highs. I caution that TPR is volatile and speculative — use strict risk management and stop-loss strategies. Today's Chart of the Day was written by Jim Van Meerten. Read previous editions of the daily newsletter here. Additional disclosure: The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance. On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Barnama
3 days ago
- Barnama
Police To Submit IP On Independent Preacher To DPP This Week
SHAH ALAM, July 14 (Bernama) -- Two investigation papers (IP), including one involving an independent speaker who allegedly shared sex videos of his wives, will be submitted to the deputy public prosecutor (TPR) this week for further action. Shah Alam police chief ACP Mohd Iqbal Ibrahim, in a brief statement via WhatsApp today, said the other case involves a Pakistani man accused of sexually assaulting children and teenage boys. It was earlier reported that the police arrested a Pakistani man in Kuala Nerang, Kedah, last July 8, for alleged physical sexual assault of several boys in Sections 27 and 28 here.
Yahoo
09-07-2025
- Business
- Yahoo
How is Tapestry Strengthening Customer Engagement Through Omnichannel?
Tapestry, Inc.'s TPR omnichannel strategy is a significant competitive advantage, strengthening customer engagement while driving revenue growth and profitability. The seamless integration of digital and physical retail channels enables the company to deliver a consistent and compelling customer the third quarter of fiscal 2025, direct-to-consumer sales grew 9% year over year, fueled by mid-teens growth in digital and mid-single-digit growth in brick-and-mortar stores. Digital now accounts for about 30% of total revenues and continues to expand at accretive margins, while profitability improved across all channels, aided by creative innovation and advanced analytics. Net sales were $1,584.6 million, reflecting a 6.9% year-over-year increase and 8% growth on a constant-currency basis. The omnichannel model enhances customer experience and helps capture full-price demand across touchpoints. Innovative retail formats such as Coach Play, immersive storytelling and in-store cafés have attracted higher traffic, longer dwell times and more repeat visits, particularly among Gen Z consumers. These experiential elements reinforce Tapestry's strategy of meeting customers wherever they choose to engage while strengthening emotional connections to its brands. Such initiatives have been scaled to deliver a consistent, engaging experience throughout the retail has also significantly increased marketing investments, now approaching 10% of sales, up from the pre-pandemic levels of 3-4%. These funds are deployed more effectively through media planning and longer-running campaigns that emphasize brand values and emotional storytelling. This approach has deepened cultural relevance and driven stronger engagement, especially with younger the third quarter alone, Tapestry acquired more than 1.2 million customers in North America, with two-thirds coming from Gen Z and Millennials. These customers transacted at higher average unit retail (AUR) levels and demonstrated improved first-year retention, particularly at Coach, signaling strong future lifetime combining digital growth, experiential retail, strategic marketing and inclusive brand messaging, Tapestry's omnichannel strategy continues to resonate with younger audiences and drive sustainable, profitable growth globally. TPR is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 16.93X, which positions it at a discount compared with the Retail-Apparel and Shoes industry's average of 17.99X. Also, TPR is priced lower than the Retail-Wholesale sector's average of 24.97X. TPR Looks Attractive From a Valuation Standpoint Image Source: Zacks Investment Research Shares of this Zacks Rank #2 (Buy) company have rallied 44.3% in the past three months compared with the Zacks industry's 25.5% growth. This leading lifestyle specialty retailer's ongoing strategic initiative and operational efficiencies have enabled it to outperform the broader sector and the S&P 500 index's growth of 14.3% and 18.2%, respectively, during the same period. TPR Stock Past 3-Month Performance Image Source: Zacks Investment Research Closing at $92.21 as of yesterday, the TPR stock traded at its 52-week high of $93.48. The stock is trading above its 50 and 200-day SMAs (simple moving averages) of $80.65 and $67.92, respectively, highlighting a continued uptrend. TPR Trades Above 50 & 200-Day SMAs Image Source: Zacks Investment Research The positive sentiment surrounding TPR is reflected in the upward revisions in the Zacks Consensus Estimate for earnings. In the past 60 days, the consensus estimate has moved up seven cents to $5.05 per share for the current fiscal year and by seven cents to $5.43 for the next fiscal year, indicating year-over-year growth of 17.7% and 7.6%, respectively. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The Zacks Consensus Estimate for the current and the next fiscal year's sales is pegged at $6.96 billion and $7.17 billion, implying year-over-year growth of 4.3% and 3%, respectively. Image Source: Zacks Investment Research Some other top-ranked stocks are Stitch Fix SFIX, Canada Goose GOOS and Allbirds Inc. Fix delivers customized shipments of apparel, shoes and accessories for women, men and kids. It carries a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Stitch Fix's current fiscal year's earnings implies a surge of 71.7% from the year-ago actual. SFIX delivered a trailing four-quarter average earnings surprise of 51.4%.Canada Goose is a global outerwear brand. GOOS is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. It carries a Zacks Rank #2 at Zacks Consensus Estimate for Canada Goose's current fiscal year's earnings and sales indicates growth of 10% and 2.9%, respectively, from the year-ago actuals. Canada Goose delivered a trailing four-quarter average earnings surprise of 57.2%.Allbirds is a lifestyle brand that uses naturally derived materials to make footwear and apparel products. It carries a Zacks Rank of 2 at Zacks Consensus Estimate for BIRD's current financial-year earnings implies growth of 16.1% from the year-ago actual. The company delivered a trailing four-quarter average earnings surprise of 21.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Canada Goose Holdings Inc. (GOOS) : Free Stock Analysis Report Tapestry, Inc. (TPR) : Free Stock Analysis Report Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report Allbirds, Inc. (BIRD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
04-07-2025
- Health
- Yahoo
Indiana health department may start fining hospitals that don't comply with abortion law
In an effort to comply with an executive order from Gov. Mike Braun, the Indiana Department of Health may start fining hospitals that don't comply with the state's abortion laws, a report from the department says. That could include two of the state's health systems that perform the bulk of abortions, IU Health and Eskenazi Health, which recently refused to hand over Terminated Pregnancy Reports following abortions performed there, as mandated by state law. Among one of Braun's first executive orders as governor was one directing the state health department to examine how it's ensuring compliance with the state's abortion laws. That included not only the new provisions enacted in 2022, which ban abortion except in the case of rape, incest, fatal fetal anomaly or threats to the mother's life, but also the part of state law that requires hospitals and ambulatory surgical centers to report details about abortions they perform to the state health department. "Indiana is a state that supports Life, and the people's representatives have enshrined those protections for the unborn into state law," Braun said in a statement July 2. "We are taking the necessary steps to make sure those laws are properly implemented." State law has long required facilities that perform abortions, whether surgical or drug-induced, to provide the health department with detailed Terminated Pregnancy Reports. But IU Health and Eskenazi have refused to give these to the health department since the President Joe Biden administration enacted the HIPAA Reproductive Health Privacy Rule in mid 2024, which set limits on the disclosure of reproductive health information. An Indianapolis doctor is currently suing the state department in federal court over the submission of these reports, making this argument. However, a Texas federal judge in mid-June vacated the Biden Administration rule. The health department in its report says it is consulting with the two health systems and the attorney general's office on how to proceed in light of this court order. Eskenazi officials said the hospital is waiting for the result of the federal lawsuit to "clarify its responsibilities under the law," since the lawsuit "seeks to resolve what may be a significant conflict between the State's TPR statute and federal patient privacy laws," said Todd Harper, director of public affairs and communications. A spokesperson for IU Health declined to comment, saying "I don't have any information to share." In the meantime, the state health department is creating other tools to force compliance. Officials said the health department has begun to craft "new rules enabling the agency to issue fines" against providers that don't comply with state law. "This regulatory tool adds a layer of enforcement that does not rely solely on licensure action or criminal referral, allowing IDOH to address noncompliance swiftly and proportionately," the report states. A spokesperson for the agency said the agency hasn't yet finalized how steep the fines will be, but noted it will depend on "several factors" and that those fines cannot exceed $10,000 per state law. Another matter is whether the public can see individual Terminated Pregnancy Reports if the hospitals do provide them to the state. Immediately following Braun's order, IDOH had pledged to reverse its previous policy and start releasing individual TPRs for public disclosure under the Access to Public Records Act, but a new court case is blocking that from happening for now. Indiana's near-total abortion ban in 2022 not only sharply curtailed the number of abortions reported in Indiana, but required more personal information be added to these reports, such as demographics and medical history. After seeking an opinion from the Public Access Counselor in 2023, the state health department decided out of privacy concerns to withhold these individual reports from public disclosure. The anti-abortion group Voices For Life challenged that decision in court. After Braun's executive order, the state health department agreed to settle this lawsuit. However, a lawsuit blocking the records' release immediately followed, this one filed by two OBGYNs, Dr. Caitlin Bernard ― whose anecdote of treating a 10-year-old rape victim made national news ― and Dr. Caroline Rouse. The health department can't release any individual TPRs while this case is pending, but it continues to provide quarterly reports that aggregate abortion data. The health department's report also outlines steps it already takes to enforce abortion laws: It inspects and audits hospitals or ambulatory surgical centers, now the only medical facilities allowed to perform any abortions, to make sure they're following regulations and distributing the required "informed consent" paperwork. It checks the "reasons" given for the abortions on the Terminated Pregnancy Reports to ensure the procedures align with the exemptions in state law. It refers any criminal violations of the law, like unreported abortions, to prosecutors, and any professional issues to the appropriate licensing agency. The July 1 report also says the department has ramped up its coordination with the attorney general's office and elevated all abortion-related matters to the purview of the top levels of the agency. Contact IndyStar state government and politics reporter Kayla Dwyer at kdwyer@ or follow her on Twitter @kayla_dwyer17. This article originally appeared on Indianapolis Star: Indiana health department may fine hospitals for violating abortion law
Indianapolis Star
03-07-2025
- Health
- Indianapolis Star
Indiana health department may start fining hospitals that don't comply with abortion law
In an effort to comply with an executive order from Gov. Mike Braun, the Indiana Department of Health may start fining hospitals that don't comply with the state's abortion laws, a report from the department says. That could include two of the state's health systems that perform the bulk of abortions, IU Health and Eskenazi Health, which recently refused to hand over Terminated Pregnancy Reports following abortions performed there, as mandated by state law. Among one of Braun's first executive orders as governor was one directing the state health department to examine how it's ensuring compliance with the state's abortion laws. That included not only the new provisions enacted in 2022, which ban abortion except in the case of rape, incest, fatal fetal anomaly or threats to the mother's life, but also the part of state law that requires hospitals and ambulatory surgical centers to report details about abortions they perform to the state health department. "Indiana is a state that supports Life, and the people's representatives have enshrined those protections for the unborn into state law," Braun said in a statement July 2. "We are taking the necessary steps to make sure those laws are properly implemented." State law has long required facilities that perform abortions, whether surgical or drug-induced, to provide the health department with detailed Terminated Pregnancy Reports. But IU Health and Eskenazi have refused to give these to the health department since the President Joe Biden administration enacted the HIPAA Reproductive Health Privacy Rule in mid 2024, which set limits on the disclosure of reproductive health information. An Indianapolis doctor is currently suing the state department in federal court over the submission of these reports, making this argument. However, a Texas federal judge in mid-June vacated the Biden Administration rule. The health department in its report says it is consulting with the two health systems and the attorney general's office on how to proceed in light of this court order. Eskenazi officials said the hospital is waiting for the result of the federal lawsuit to "clarify its responsibilities under the law," since the lawsuit "seeks to resolve what may be a significant conflict between the State's TPR statute and federal patient privacy laws," said Todd Harper, director of public affairs and communications. A spokesperson for IU Health declined to comment, saying "I don't have any information to share." In the meantime, the state health department is creating other tools to force compliance. Officials said the health department has begun to craft "new rules enabling the agency to issue fines" against providers that don't comply with state law. "This regulatory tool adds a layer of enforcement that does not rely solely on licensure action or criminal referral, allowing IDOH to address noncompliance swiftly and proportionately," the report states. A spokesperson for the agency said the agency hasn't yet finalized how steep the fines will be, but noted it will depend on "several factors" and that those fines cannot exceed $10,000 per state law. Another matter is whether the public can see individual Terminated Pregnancy Reports if the hospitals do provide them to the state. Immediately following Braun's order, IDOH had pledged to reverse its previous policy and start releasing individual TPRs for public disclosure under the Access to Public Records Act, but a new court case is blocking that from happening for now. Indiana's near-total abortion ban in 2022 not only sharply curtailed the number of abortions reported in Indiana, but required more personal information be added to these reports, such as demographics and medical history. After seeking an opinion from the Public Access Counselor in 2023, the state health department decided out of privacy concerns to withhold these individual reports from public disclosure. The anti-abortion group Voices For Life challenged that decision in court. After Braun's executive order, the state health department agreed to settle this lawsuit. However, a lawsuit blocking the records' release immediately followed, this one filed by two OBGYNs, Dr. Caitlin Bernard ― whose anecdote of treating a 10-year-old rape victim made national news ― and Dr. Caroline Rouse. The health department can't release any individual TPRs while this case is pending, but it continues to provide quarterly reports that aggregate abortion data. The health department's report also outlines steps it already takes to enforce abortion laws: The July 1 report also says the department has ramped up its coordination with the attorney general's office and elevated all abortion-related matters to the purview of the top levels of the agency.
