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Tapestry rises after posting upbeat Q4 results



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** Shares of Coach parent Tapestry TPR up 8% at $41.01 in premarket trading

** Co beats Wall Street expectations for fourth-quarter revenue, helped by robust demand for its popular Tabby handbags

** Posts revenue of $1.59 billion vs estimates of $1.57 billion - LSEG data

** TPR reports Q4 profit of 92 cents compared with expectations of 88 cents

** However, co expects FY 2025 net revenue of $6.7 billion, versus expectations of $6.77 bln

** Expects FY 2025 earnings per diluted share of $4.45 to $4.50; analysts were expecting a profit of $4.49/shr

** As of last close, stock had risen 3.1% YTD



Reporting by Granth Vanaik in Bengaluru

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