By  on October 30, 2018

With Coach growing, Kate Spade improving and Stuart Weitzman manufacturing issues addressed, Tapestry Inc. appears on track for fiscal year 2019.

The company on Tuesday narrowed its fiscal year EPS guidance range to $2.75 to $2.80, up from the prior range of $2.70 to $2.80. That disclosure was made on the same day the company posted first-quarter results in which adjusted earnings per share were 48 cents on a 7.2 percent gain in sales to $1.38 billion.

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