- Previous Close
45.75 - Open
46.31 - Bid 46.30 x 1000
- Ask 46.34 x 800
- Day's Range
45.89 - 46.67 - 52 Week Range
25.99 - 48.80 - Volume
2,201,035 - Avg. Volume
2,766,226 - Market Cap (intraday)
10.824B - Beta (5Y Monthly) 1.56
- PE Ratio (TTM)
13.29 - EPS (TTM)
3.50 - Earnings Date Nov 7, 2024 - Nov 11, 2024
- Forward Dividend & Yield 1.40 (3.01%)
- Ex-Dividend Date Sep 6, 2024
- 1y Target Est
48.38
Tapestry, Inc. provides luxury accessories and branded lifestyle products in North America, Greater China, rest of Asia, 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 retail and outlet stores, brand 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
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Performance Overview: TPR
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
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5-Year Return
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Statistics: TPR
View MoreValuation Measures
Market Cap
10.82B
Enterprise Value
12.39B
Trailing P/E
13.29
Forward P/E
9.88
PEG Ratio (5yr expected)
0.40
Price/Sales (ttm)
1.63
Price/Book (mrq)
3.74
Enterprise Value/Revenue
1.86
Enterprise Value/EBITDA
9.07
Financial Highlights
Profitability and Income Statement
Profit Margin
12.23%
Return on Assets (ttm)
7.65%
Return on Equity (ttm)
31.54%
Revenue (ttm)
6.67B
Net Income Avi to Common (ttm)
816M
Diluted EPS (ttm)
3.50
Balance Sheet and Cash Flow
Total Cash (mrq)
7.2B
Total Debt/Equity (mrq)
302.59%
Levered Free Cash Flow (ttm)
926.66M
Research Analysis: TPR
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Research Reports: TPR
View MoreNew Tapestry Will Be Led by Coach, but Capri’s Brands Bolster Position in Accessories and Luxury
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 (64% of fiscal 2024 sales), Europe, Asia (29% of fiscal 2024 sales), and elsewhere. Coach (76% of fiscal 2024 sales) is best known for affordable luxury leather products. Kate Spade (20% of fiscal 2023 sales) is known for colorful patterns and graphics. Women’s handbags and accessories produced 69% of Tapestry's sales in fiscal 2024. Stuart Weitzman (4% of sales) generates virtually 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.
RatingPrice TargetGross margin expansion in a challenging environment
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.
RatingPrice TargetStocks are broadly higher at midday on Friday, supported by improving
Stocks are broadly higher at midday on Friday, supported by improving inflation data, a pending interest-rate cut from the Federal Reserve (but by how much?), broadening participation from sectors, and news of improved consumer sentiment. Perhaps the September jinx, which seemed firmly in play about a week ago, can be overcome this year. Time will tell.
Tapestry Earnings: Coach’s Profitability Remains Strong While Other Brands Falter; Shares Attractive
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.
RatingPrice Target