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Kate Spade (KATE) Stock Stumbles Ahead of Q2 Earnings

NEW YORK (TheStreet) -- Shares of Kate Spade (KATE) are sliding 4.19% to $20.60 early Tuesday afternoon ahead of the company's 2016 second-quarter earnings, due out before tomorrow's opening bell.

Analysts are expecting that earnings and revenue will rise year-over-year.

Wall Street is projecting that the accessories and apparel retailer will post earnings of 14 cents per share on revenue of $318.6 million.

Last year, Kate Spade earned 8 cents per share on revenue of $272.7 million.

In a recent note...