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Market Cap 9.74B P/E 11.42 EPS this Y 9.30% Ern Qtrly Grth -25.30%
Income 880.8M Forward P/E 9.94 EPS next Y 6.60% 50D Avg Chg -1.00%
Sales 6.7B PEG 0.91 EPS past 5Y 13.36% 200D Avg Chg 4.00%
Dividend 3.00% Price/Book 4.30 EPS next 5Y 11.00% 52W High Chg -11.00%
Recommedations 2.00 Quick Ratio 5.80 Shares Outstanding 229.77M 52W Low Chg 53.00%
Insider Own 0.30% ROA 7.61% Shares Float 228.70M Beta 1.63
Inst Own 94.86% ROE 34.96% Shares Shorted/Prior 7.92M/6.60M Price 42.03
Gross Margin 72.71% Profit Margin 13.15% Avg. Volume 2,993,751 Target Price 49.31
Oper. Margin 16.14% Earnings Date Aug 15 Volume 2,059,060 Change -1.91%
About Tapestry, Inc.

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.

Tapestry, Inc. News
05/16/24 Tapestry Named One of America’s 50 Most Community-Minded Companies by Points of Light
05/16/24 Coach Dismisses Old Navy-Centered Trademark Case Against Gap
05/16/24 Kate Spade New York Accelerates Its Investment in Mental Health Initiatives
05/16/24 In Data: Tapestry struggles to stay financially afloat amid merger troubles
05/13/24 Tapestry Has to Wait for FTC to Define ‘Accessible Luxury’
05/13/24 The Science Based Targets Initiative (SBTi) Validates Tapestry’s Emissions Reduction Targets With Latest Climate Science
05/13/24 Understanding Tapestry (TPR) Reliance on International Revenue
05/12/24 China targets tropical Hainan for world’s biggest duty-free area
05/10/24 Tapestry Inc. (TPR) Q3 Earnings: Outperforms Amidst Strategic Growth and Acquisition Moves
05/10/24 Tapestry, Inc. (NYSE:TPR) Q3 2024 Earnings Call Transcript
05/10/24 Company News For May 10, 2024
05/10/24 Tapestry Third Quarter 2024 Earnings: Misses Expectations
05/10/24 Kate Spade confronted the tragic death of its founder head-on. Now its CEO aims to honor the legacy of that loss
05/10/24 Tapestry (TPR) Q3 Earnings Beat Estimates, Sales Decline Y/Y
05/10/24 Tapestry net income drops to $139m in Q3 FY24
05/09/24 Q3 2024 Tapestry Inc Earnings Call
05/09/24 Tapestry Moderates Full-Year Revenue Guidance, Reiterates EPS Outlook After Mixed Quarterly Results
05/09/24 Tapestry Revenue Dips. Slowing Demand Is Hurting.
05/09/24 Tapestry (TPR) Reports Q3 Earnings: What Key Metrics Have to Say
05/09/24 Tapestry CEO Joanne Crevoiserat on Q3, Capri and the Consumer
TPR Chatroom

User Image ISEEU777 Posted - 6 days ago

$TPR

User Image Boniato Posted - 6 days ago

$CPRI the merger is blocked becacuse Michael Khors was paying off democrats while selling massively overpriced garbage to rich morons. $TPR is not on the list of bribe payers. https://www.opensecrets.org/search?q=michael+kors&type=donors

User Image Cashcow777 Posted - 1 week ago

👜Tapestry, $TPR, the parent company of Coach, Kate Spade, and Stuart Weitzman, reported earnings: the company provided mixed results which is leading to the stock bouncing around its 200-day moving average ($38). https://www.ainvest.com/news/tapestry-continues-to-straddle-200-day-moving-average-following-mixed-earnings-results-24051010d012438b1ba3697c/

User Image Stocksrunner Posted - 1 week ago

📈 Top Trending Now 2/2: $TPR: Tapestry's Q3 shows resilience in luxury amid economic pressures. $TOL: Toll Brothers poised to benefit from housing demand. Execution and pricing power key. $SQ: Square seen as a good investment, valued for growth prospects. Assess competitive strengths. $SNOW: Snowflake's P/B Growth model ranks high. Cloud data warehousing firm with strong growth trajectory. https://stocksrunner.com/trending

User Image tradethehalt Posted - 1 week ago

$TPR Tapestry stock drops after revenue miss and lowered sales forecast. https://www.marketwatch.com/story/coach-kate-spade-parents-stock-drops-after-revenue-comes-up-short-to-offset-a-profit-beat-0bd34f2b

User Image theflynews Posted - 1 week ago

What You Missed On Wall Street This Morning - $TPR - https://thefly.com/permalinks/entry.php/TPRid3915640

User Image mike202400 Posted - 1 week ago

$TPR 45 SOON. NO CPRI DEAL

User Image mike202400 Posted - 1 week ago

$TPR BUY BUY

User Image mike202400 Posted - 1 week ago

$TPR -- NO CPRI DEAL. BUY BUY. OVER 40 COMING

User Image mike202400 Posted - 1 week ago

$TPR -- NO CPRI DEAL. BUY BUY

User Image mike202400 Posted - 1 week ago

$TPR - 45 COMING. HUGE EARNING BEAT.

User Image mike202400 Posted - 1 week ago

$TPR -- HUGE EARNING BEAT. BUY BUY.

User Image epsguid Posted - 1 week ago

$TPR reported earnings of $0.81, consensus was $0.67, Earnings Whisper was $0.70 via @eWhispers #whisperbeat http://eps.sh/d/tpr

User Image Stock_Titan Posted - 1 week ago

$TPR Tapestry, Inc. Delivers Q3 Earnings Ahead of Expectations https://www.stocktitan.net/news/TPR/tapestry-inc-delivers-q3-earnings-ahead-of-mt7q4w4uht57.html

User Image epsguid Posted - 1 week ago

Options are priced for bigger-than-average #earnings move for $TPR reporting 5/9/2024 via @eWhispers #volatility http://eps.sh/s/tpr

User Image W_S_Thoughts Posted - 1 week ago

$CPRI $TPR <<“Defendants therefore ask, in the alternative, that the court order the FTC to respond to one interrogatory, within seven days of the court’s ruling: ‘Define the product market you intend to prove at trial,’” Tapestry said. The two sides had a preliminary meeting with the judge already and are due to meet for an evidentiary hearing Sept. 9 [2024].>> https://finance.yahoo.com/news/accessible-luxury-trial-tapestry-pushes-141830781.html

User Image Stock_Titan Posted - 2 weeks ago

$TPR Women-Led Tech Start-Ups Help Fashion Stay at the Leading Edge of Innovation https://www.stocktitan.net/news/TPR/women-led-tech-start-ups-help-fashion-stay-at-the-leading-edge-of-m4gc699ve9ye.html

User Image Stock_Titan Posted - 04/30/24

$TPR A Sartorial Take on Social Impact https://www.stocktitan.net/news/TPR/a-sartorial-take-on-social-40uqq8rg49vs.html

User Image gaineous Posted - 04/29/24

$CPRI started a position at $35.85, well below the discount I was hoping $TPR would get from their original offer.

User Image HERMOKIWI Posted - 04/28/24

$TPR $CPRI There are people who end up in high places who are overwhelmingly incompetent in terms of actual job performance. It's the "Peter Principle" in action. Lina Khan has lost every litigated case, she will lose this one, too, and she will probably be chastised by the Court for her gross overreach. However, it won't matter to her and she won't learn anything from it because these things don't matter to arrogant people. Her track record in litigated cases shows that she has more power than she can responsibly wield. Time will tell.

User Image Stock_Titan Posted - 04/25/24

$TPR Tapestry, Inc. to Host FY24 Third Quarter Earnings Call https://www.stocktitan.net/news/TPR/tapestry-inc-to-host-fy24-third-quarter-earnings-e3y6465pfwnr.html

User Image DonCorleone77 Posted - 04/24/24

$CPRI $TPR Bloomberg survey shows Capri could fall to low $20s if buyout fails Capri Holdings (CPRI) shares could fall to the low-to-mid $20s if Tapestry's (TPR) $57 per share takeover is successfully blocked by the Federal Trade Commission, Yiqin Shen of Bloomberg reports, citing a survey of 20 merger-arbitrage specialists. The survey, conducted on Tuesday, focuses on merger-arbitrage estimates on the Capri's downside price - a level that reflects the stock's fundamental value by the end of 2024, when the outcome of the FTC's challenge is expected to be either upheld or overturned in court, Shen notes. Shares of Capri Holdings are down nearly 4% in midday trading.

User Image Boniato Posted - 04/23/24

@nikerun2121 $TPR $CPRI Come on. Vietnam sweatshop Weitzman sneaker 400.00 at $JWN Jimmy Choo $ 900.00 Macys lists 131 Kate Spade bags out of how many items? The Bimbos overpaying because of lack of competition need protection? ROTFL You are getting butt reamed by illegals and H1B Visa workers derpressing your wages so the borders are open! The corrupt democrat machine did not get their bribe and stockholders got butt reamed as a result. This is a third world craphole now.

User Image gaineous Posted - 04/23/24

$CPRI $TPR I hate to say it but after a prelim. reading of the FTC’s claim, they have a good argument. The 33K employed number will be hard to maneuver around as they will argue risk of unemployment due to inevitable downsizing post merger. That makes for a difficult counter-claim. Wouldn’t be surprised if CPRI gets trimmed another 10% before it’s all said and done. If so I’ll look to start a position in CPRI then.

User Image CTFNLighthouse Posted - 04/23/24

$CPRI $TPR The FTC sued to block Tapestry’s proposed $8.5 billion acquisition of Capri. The agency determined that the deal would eliminate direct competition between the two companies’ brands and would give Tapestry a dominant share of the “accessible luxury” handbag market. The commission voted unanimously on the matter. Tapestry stated, “We have strong legal arguments in defense of this transaction and look forward to presenting them in court and working expeditiously to close the transaction in calendar year 2024.”

User Image gaineous Posted - 04/23/24

$TPR Really disappointed in this one right now. Sold + 12% (was 30+), bought ITM Leap calls, and will use net cash ( shares - calls) to increase position and to buy/enter $CPRI I love clearance sales on value stocks.

User Image OpenOutcrier Posted - 04/23/24

$CPRI (+0.3% pre) Capri Holdings Limited Issues Statement on FTC Action Seeking to Block Proposed Transaction with Tapestry, Inc. $TPR (2/2) https://ooc.bz/l/31033

User Image OpenOutcrier Posted - 04/23/24

$CPRI (+0.3% pre) FTC sues to block Coach parent $TPR Tapestry’s acquisition of Capri Holdings - CNBC (1/2) https://www.cnbc.com/2024/04/22/ftc-sues-to-block-tapestry-acquisition-of-capri-holdings.html

User Image lillaccio Posted - 04/23/24

$CPRI $TPR Found this interesting statement in the article you shared Two and a half years into Khan’s tenure, the FTC has lost every single merger challenge it has brought through litigation across both federal and administrative court without even a single win in litigation in cases as varied as Microsoft’s acquisition of Activision Blizzard, Meta’s acquisition of Within, and Illumina’s acquisition of Grail, to name just a few.

User Image W_S_Thoughts Posted - 04/22/24

$CPRI $TPR “A zero-win track record on M&As Two and a half years into Khan's tenure, the FTC has lost every single merger challenge it has brought through litigation across both federal and administrative court without even a single win in litigation in cases as varied as Microsoft's acquisition of Activision Blizzard, Meta's acquisition of Within, and and Illumina’s acquisition of Grail, to name just a few.” https://insights.som.yale.edu/insights/the-ftcs-antitrust-overreach-is-hurting-us-competitiveness-and-destroying-value

Analyst Ratings
JP Morgan Overweight May 10, 24
Baird Outperform May 10, 24
Telsey Advisory Group Outperform May 9, 24
OTR Global Mixed Apr 17, 24
Telsey Advisory Group Outperform Mar 27, 24
Telsey Advisory Group Outperform Mar 6, 24
Jefferies Hold Feb 29, 24
Goldman Sachs Buy Feb 9, 24
Telsey Advisory Group Outperform Feb 9, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Dec 02 Option 20.97 7,002 146,832 40,957 12/05/22
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Dec 02 Sell 38.53 1,582 60,954 39,375 12/05/22
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Sep 12 Sell 36.8100 2,005 73,804 33,681 09/13/22
Glaser Thomas A. Chief Operations Off.. Chief Operations Officer Aug 19 Option 18.4 171,484 3,155,306 282,824 08/23/22
Glaser Thomas A. Chief Operations Off.. Chief Operations Officer Aug 19 Sell 35.38 39,503 1,397,616 243,321 08/23/22
Crevoiserat Joanne C. Chief Executive Offi.. Chief Executive Officer Mar 11 Buy 34.6000 5,700 197,220 251,911 03/14/22
Kahn Todd CEO and Brand Presid.. CEO and Brand President, Coach Nov 19 Option 15.83 30,292 479,522 236,618 11/22/21
Kahn Todd CEO and Brand Presid.. CEO and Brand President, Coach Nov 19 Sell 46.5 19,963 928,280 206,326 11/22/21
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Feb 25 Option 31.46 1,500 47,190 19,917 02/25/21
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Feb 25 Sell 41.47 164 6,801 19,753 02/25/21
Dadlani Manesh VP, Controller and P.. VP, Controller and PAO Nov 16 Option 20.97 7,003 146,853 24,613 11/16/20