Tapestry's ROCE trend is concerning, dropping from 16% to 10...
Tapestry's ROCE trend is concerning, dropping from 16% to 10% in five years. Despite reinvestment for growth, stagnant sales suggest it may take time for investments to boost earnings. Tapestry becoming a multi-bagger seems unlikely.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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