** Shares of Coach handbag maker Tapestry TPR.N rise 9% to $81.90
** Company raises its 2025 revenue and profit forecasts for a third time this year on its limited exposure to sweeping U.S. tariffs and higher full-price sales of its popular Coach handbags
** TPR expects profit of around $5 per share, compared with prior forecast of $4.85 per share to $4.90 per share
** Expects annual revenue to be about $6.95 billion, compared with its earlier expectation of more than $6.85 billion
** Company earned Q1 profit of $1.03 per share, beating estimates of 88 cents - data compiled by LSEG
** Reports Q1 net sales of $1.58 billion, above estimates of $1.53 billion
** As of last close, stock up 14.4% YTD
(Reporting by Siddhi Mahatole)
((siddhi.mahatole@thomsonreuters.com))
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