Tapestry, Inc. (TPR)
- Previous Close
40.50 - Open
40.48 - Bid --
- Ask --
- Day's Range
40.40 - 41.08 - 52 Week Range
25.99 - 48.80 - Volume
3,326,882 - Avg. Volume
3,859,260 - Market Cap (intraday)
9.317B - Beta (5Y Monthly) 1.60
- PE Ratio (TTM)
10.23 - EPS (TTM)
3.97 - Earnings Date May 9, 2024 - May 13, 2024
- Forward Dividend & Yield 1.40 (3.45%)
- Ex-Dividend Date Mar 7, 2024
- 1y Target Est
49.59
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms. The company also provides men products, which includes bag collections, such as business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods including wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear items. In addition, it offers other products including women's footwear and fragrances; eyewear and sunglasses; and jewelry, such as bracelets, necklaces, rings, and earrings, watches, and other women's seasonal lifestyle apparel collections, including outerwear, ready-to-wear and cold weather accessories, such as gloves, scarves, and hats. Further, the company provides kids items, housewares, and home accessories, such as fashion bedding and tableware, stationery, and gifts. It offers its products through e-commerce sites and concession shop-in-shops, wholesale, and third-party distributors under the Coach, Kate Spade, and Stuart Weitzman brand names. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
www.tapestry.comRecent News: TPR
Performance Overview: TPR
Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: TPR
Valuation Measures
Market Cap
9.32B
Enterprise Value
11.19B
Trailing P/E
10.23
Forward P/E
8.20
PEG Ratio (5yr expected)
2.00
Price/Sales (ttm)
1.42
Price/Book (mrq)
3.50
Enterprise Value/Revenue
1.66
Enterprise Value/EBITDA
8.08
Financial Highlights
Profitability and Income Statement
Profit Margin
13.80%
Return on Assets (ttm)
7.41%
Return on Equity (ttm)
37.33%
Revenue (ttm)
6.73B
Net Income Avi to Common (ttm)
928.1M
Diluted EPS (ttm)
3.97
Balance Sheet and Cash Flow
Total Cash (mrq)
7.46B
Total Debt/Equity (mrq)
351.14%
Levered Free Cash Flow (ttm)
992.77M
Research Analysis: TPR
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: TPR
Analyst Report: Tapestry, Inc.
Coach, Kate Spade, and Stuart Weitzman are Tapestry’s fashion and accessory brands. The firm’s products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women’s handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women’s footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.
RatingBullishPrice TargetWeekly Stock List
Management's ability to "raise guidance" can often be a catalyst for market-beating returns in the quarters ahead. The fourth-quarter earnings season has crossed the 95% mark and is wrapping up, with blended earnings (actual results and the consensus for those still to report) showing a year-over-year gain of almost 10%, according to Refinitiv. That is considerably better than the 4%-7% advance expected at the start of the earnings period. Leading the outperformance were strong gains in Communication Services earnings, up 53%. On the flipside, Energy (like last quarter) is performing the worst, down 22%. Our analysts are always on the lookout for companies that boost their outlooks during earnings season. Here is an initial list of BUY-rated companies in Argus' Fundamental Universe of Coverage at which management raised guidance or increased its outlook during the 4Q23 EPS reporting season.
Analyst Report: Tapestry Inc
Tapestry is a leading designer and marketer of handbags, accessories and gifts. It was established in 1941 as Coach and changed its name to Coach Inc. after its first IPO in June 2000. The company rebranded as Tapestry following the acquisitions of Stuart Weitzman (2015) and Kate Spade (2017). The company's three brands continue to operate independently. The company has 12,100 employees. The shares are a component of the S&P 500.
RatingBullishPrice TargetMarket Digest: CP, UAA, AMAT, TPR, CVS, MCO, MET, SPGI, JCI, X, XOM, UL, LYB, DKNG, HUBS
Weekly Tee Up: Walmart and Nvidia