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Tapestry: Premium Valuation, Questionable Growth (NYSE:TPR)

Tapestry (NYSE: TPR ) appears to be pricing in overly optimistic growth expectations in both revenue and profitability, despite ongoing macroeconomic uncertainties and internal challenges. We see fading Gen Z momentum in North America due to market saturation, and we are skepticalAnalyst’s Disclosure:I/we have a beneficial short position in the shares of TPR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compen ...