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Tapestry (TPR) Has Leaped To A 3-Month High After Q4 Profit Beat

Tapestry (TPR) reported fourth quarter non-GAAP EPS of $0.60 Tuesday morning, which topped the consensus estimate of $0.57.

Tapestry gapped open sharply higher this morning and has continued to rise in early trade. The stock is now up 4.75 at $52.21 on above average volume. Tapestry has surged to a 3 1/2 month high.

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