Armani heirs' potential sale or listing may influence U.S. luxury stocks and investor sentiment globally. Tapestry, Capri and luxury ADRs could trade as proxies for brand transition appetite. Want to trade this news? Get access to the 34-0 income strategy that loves volatility →

Tapestry expects steady mid-single-digit revenue growth and low double-digit earnings expansion by fiscal 2027 and 2028. The company plans to return $4 billion to shareholders through dividends and stock buybacks over the next three years. Get the strategy to turn September's volatility into 10x ...

Tapestry TPR has outperformed the market over the past 5 years by 33.34% on an annualized basis producing an average annual return of 47.42%. Currently, Tapestry has a market capitalization of $21.89 billion.

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