TPR, RL, UAA: Fashion Goes Forward With Earnings Beat

Tapestry (TPR) raised its FY23 earnings outlook. Jan Rogers Kniffen recaps recent retailer earnings. He talks about how Ralph Lauren (RL) soars past earnings estimates in the latest report. He notes that Under Armour's (UAA) 4Q adjusted EPS came in at $0.16 versus an estimated $0.09, while Capri Holdings (CPRI) fell 27% yesterday. He mentions that CPRI's total revenue falls 6% year-over-year. He then goes over the outlook for retailers in 2023. Tune in to find out more about the stock market today.

Morning Trade Live

09 Feb 2023

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