After calling off merger, Coach parent Tapestry's holiday sales soar

1. Tapestry's shares jumped 15% after strong holiday-quarter sales results. 2. Full-year revenue expected over $6.85 billion, exceeding prior forecasts. 3. The company canceled its merger with Capri, previously a legal focus. 4. Tapestry's Coach brand performed strongly; other brands saw revenue declines. 5. New tariffs on imports from China are not expected to heavily impact results.