Impressive Earnings, Fresh Deals Propel Prices of These 10 Firms

4. Tapestry Inc. (NYSE:TPR)

Tapestry saw its share prices increase by 12 percent on Thursday to end at $82.2 apiece as investor sentiment was fueled by an optimistic business outlook for 2025.

In a statement, Tapestry said it projects revenues to grow by 3 percent to more than $6.85 billion and earnings per share to jump between 13 to 14 percent to $4.85 to $4.9.

In the fourth quarter of 2024, Tapestry, however, posted a weaker earnings performance, with net income dropping by 3.69 percent to $310.4 million from the $322.3 million reported in the same period last year.

Gross profit increased by 7.38 percent to $1.6 billion from $1.49 billion year-on-year on the back of strong performance from its luxury brand Coach, with a 12.6 percent higher contribution at $697.4 million versus $619.2 million year-on-year.