Tapestry's Trading Volume Plummets 53.78% Ranking 435th in Market Activity

Volume AlertsWednesday, May 28, 2025 7:53 pm ET
1min read

On May 28, 2025, Tapestry's trading volume was $204 million, a significant decrease of 53.78% from the previous day, ranking 435th in the day's stock market activity. Tapestry(TPR) fell by 0.59%.

Tapestry, Inc. has announced that its Board of Directors has declared a quarterly cash dividend of $0.375 per share on the Company's common stock. The dividend is payable on July 1, 2025, to stockholders of record at the close of business on June 10, 2025.

Tapestry, Inc. has reported its financial results for the fourth quarter and fiscal year ended July 1, 2024. The company's total revenue for the fourth quarter was $1.6 billion, a decrease of 1% compared to the same period last year. The company's net income for the fourth quarter was $144.5 million, or $0.89 per diluted share, compared to $154.9 million, or $0.95 per diluted share, in the prior year period.

Tapestry, Inc. has announced that it has entered into a definitive agreement to acquire Capri Holdings Limited, the parent company of Michael Kors, Jimmy Choo, and Versace, for approximately $8.5 billion in cash and stock. The acquisition is expected to close in the first half of 2025, subject to customary closing conditions and regulatory approvals.

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