### Comment:
Any reason why TPR has dropped more than 90% in one day and shot back up multiple times in the past 10 years?

### REPLY:
Not sure about the major drop.  Maybe when Kate Spade died? Lol... Jk. Clearly a lot of negativity is already priced in (valuation is near recession lows).  Fluctuations are consumer tastes and spending trends.   New and sharp CFO.  Growing dudes line.  Dividend.  Recently announced $1 billion share repurchase program (good thing).  I think Risk/reward -12% or +50% / infinite if you yolo some calls.  Let it play out for 6/12 months.

### END.