Tariffs, soft EPS outlook, Kate Spade weakness drive sharpest Tapestry selloff in 5 years

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Entrance to Kate Spade store in Jewel Changi Airport.

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Tapestry (NYSE:TPR) is on track for its steepest one-day drop in over five years after rattling investors with tariff concerns and a downbeat profit outlook, guiding full-year earnings below expectations.

Despite a beat in the most recent quarter, Tapestry (

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