Buyers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday that online sales in the last four years increased a three-digit percentage from a year ago as consumers sat at home during the coronavirus pandemic to their websites …
Read More »Tapestry (TPR) Q4 2020 revenue beat expectations
Coach and Kate Spade owner Tapestry reported a slower-than-expected loss Thursday, as a strong online business helped offset the impact of closed stores during the coronavirus pandemic. The company said it will cut spending and shift its focus to digital growth as part of a turnaround plan. It said e-commerce …
Read More »Biogen, Walgreens, Moderna, Tapestry and more
A multiple sclerosis medication is manufactured at the Biogen Idec plant in Cambridge, Massachusetts. Essdras M Suarez | The Boston Globe | fake pictures Check out the companies making headlines at noon on Monday Biogen: A Morgan Stanley analyst upgraded the biopharmaceutical company to overweight from underweight and forecast a …
Read More »IBM, Coca-Cola, Wells Fargo, Devon Energy and more
A bottle of Coca-Cola Light is removed for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah. George Frey | fake pictures Take a look at the companies that make headlines in the midday trade. Coca-Cola – Coca-Cola gained 2.5% after the beverage giant gave …
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