Published in Women's Health Weekly, June 5th, 2006
The net loss for the first quarter of 2006 was $4.4 million, or $1.26 basic and diluted loss per share. This compares to a net loss for the first quarter of 2005 of $4.6 million, or $1.36 basic and diluted loss per share.
As of March 29, 2005, Tapestry had $10.6 million in cash, cash equivalents, and short-term investments.
On April 6, 2006, Tapestry sold an aggregate of 12,750,000 shares of its common stock, and related warrants to purchase up...
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