Tapestry Shares Hit a Record on Soaring Sales of its Coach Products

1. Tapestry posted record holiday sales, setting an all-time high for shares. 2. Coach brand sales jumped 11% year-over-year, driving company revenue upwards. 3. EPS reached $2.00, surpassing estimates and indicating strong financial performance. 4. Tapestry increased full-year profit guidance, expecting $4.85 to $4.90 per share. 5. Total revenue forecast raised to $6.85 billion, exceeding previous projections.