Tapestry Future Growth

Future criteria checks 2/6

Tapestry is forecast to grow earnings and revenue by 8.5% and 2.5% per annum respectively. EPS is expected to grow by 9.1% per annum. Return on equity is forecast to be 23.3% in 3 years.

Key information

8.5%

Earnings growth rate

9.1%

EPS growth rate

Luxury earnings growth	13.5%
Revenue growth rate	2.5%
Future return on equity	23.3%
Analyst coverage	Good
Last updated	19 Dec 2024

Recent future growth updates

Recent updates

Shareholders Will Probably Not Have Any Issues With Tapestry, Inc.'s (NYSE:TPR) CEO Compensation

Nov 07

Tapestry Capri Deal Gets Blocked, What Now?

Oct 25

Tapestry, Inc. (NYSE:TPR) Shares Could Be 47% Below Their Intrinsic Value Estimate

Oct 11

Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly

Sep 23

Tapestry: Uncertain Outlook With Visible Overhangs

Aug 27

Tapestry (NYSE:TPR) Is Due To Pay A Dividend Of $0.35

Aug 19

Why Tapestry, Inc. (NYSE:TPR) Could Be Worth Watching

Jul 30

Tapestry: Stuck In No Man's Land (Downgrade To Sell)

Jun 24

Tapestry, Inc. (NYSE:TPR) Doing What It Can To Lift Shares

Jun 01

Tapestry: A Balanced Risk-To-Reward As Capri Acquisition Is Under FTC Scrutiny

May 20

Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly

May 02

Is Tapestry, Inc. (NYSE:TPR) Trading At A 32% Discount?

Apr 14

Some Investors May Be Worried About Tapestry's (NYSE:TPR) Returns On Capital

Mar 29

Tapestry Stock: Plenty Of Positives Beyond The Capri Acquisition

Mar 13

Tapestry, Inc. (NYSE:TPR) Shares Fly 25% But Investors Aren't Buying For Growth

Feb 22

We Think Tapestry's (NYSE:TPR) Profit Is Only A Baseline For What They Can Achieve

Feb 15

Tapestry, Inc.'s (NYSE:TPR) Intrinsic Value Is Potentially 100% Above Its Share Price

Jan 09

Tapestry: Deal Risk Despite An Attractive Valuation

Dec 29

Tapestry: The Reasons We Are Becoming More Bullish

Nov 13

Tapestry: Anything But A Luxury To Investors

Sep 19

Tapestry: Navigating Luxury Retail Landscape Well

Aug 04

Tapestry: Decent Price, Decent Prospects

Jul 12

Tapestry: It's Not Luxury, But It Is An Attractive Investment

Jun 29

Earnings and Revenue Growth Forecasts

NYSE:TPR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	7,150	1,158	1,258	1,472	7
6/30/2026	6,952	1,100	1,149	1,372	18
6/30/2025	6,761	982	1,019	1,266	19
9/28/2024	6,666	808	1,186	1,300	N/A
6/29/2024	6,671	816	1,147	1,256	N/A
3/30/2024	6,700	881	1,303	1,400	N/A
12/30/2023	6,727	928	1,296	1,415	N/A
9/30/2023	6,668	936	1,043	1,221	N/A
7/1/2023	6,661	936	791	975	N/A
4/1/2023	6,666	901	643	812	N/A
12/31/2022	6,594	837	517	648	N/A
10/1/2022	6,710	825	573	661	N/A
7/2/2022	6,685	856	759	853	N/A
4/2/2022	6,675	867	873	996	N/A
1/1/2022	6,511	836	1,108	1,246	N/A
10/2/2021	6,055	829	1,132	1,256	N/A
7/3/2021	5,746	834	1,208	1,324	N/A
3/27/2021	4,846	341	804	906	N/A
12/26/2020	4,645	-428	459	592	N/A
9/26/2020	4,776	-440	332	491	N/A
6/27/2020	4,961	-652	202	407	N/A
3/28/2020	5,760	-209	373	636	N/A
12/28/2019	6,019	585	475	755	N/A
9/28/2019	6,004	541	526	817	N/A
6/29/2019	6,027	643	518	792	N/A
3/30/2019	5,997	706	748	1,013	N/A
12/29/2018	5,988	729	908	1,165	N/A
9/29/2018	5,972	538	808	1,081	N/A
6/30/2018	5,880	398	N/A	998	N/A
3/31/2018	5,530	338	N/A	910	N/A
12/30/2017	5,203	319	N/A	957	N/A
9/30/2017	4,740	456	N/A	788	N/A
7/1/2017	4,488	591	N/A	854	N/A
4/1/2017	4,509	521	N/A	779	N/A
12/31/2016	4,547	511	N/A	777	N/A
10/1/2016	4,499	482	N/A	713	N/A
7/2/2016	4,492	461	N/A	759	N/A
3/26/2016	4,341	391	N/A	696	N/A
12/26/2015	4,238	366	N/A	664	N/A
9/26/2015	4,183	380	N/A	807	N/A
6/27/2015	4,192	402	N/A	937	N/A
3/28/2015	4,324	466	N/A	1,067	N/A
12/27/2014	4,494	569	N/A	1,005	N/A
9/27/2014	4,694	683	N/A	960	N/A
6/28/2014	4,806	781	N/A	985	N/A
3/29/2014	4,893	927	N/A	1,044	N/A
12/28/2013	4,981	976	N/A	1,148	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPR's forecast earnings growth (8.5% per year) is above the savings rate (2.6%).

Earnings vs Market: TPR's earnings (8.5% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: TPR's earnings are forecast to grow, but not significantly.

Revenue vs Market: TPR's revenue (2.5% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: TPR's revenue (2.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TPR's Return on Equity is forecast to be high in 3 years time (23.3%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 10:10
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/28
Annual Earnings	2024/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tapestry, Inc. is covered by 66 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Daniela Nedialkova	Atlantic Equities LLP
Jeff Black	Avondale Partners

Tapestry Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.8% to US$54.00

Price target increased by 8.7% to US$53.44

Tapestry, Inc. Provides Earnings Guidance for the Fiscal 2024

Price target increased by 8.3% to US$46.82

Price target decreased by 8.4% to US$43.03

Tapestry, Inc. Provides Financial Guidance for Fiscal Year 2023

Recent updates

Why Tapestry, Inc. (NYSE:TPR) Could Be Worth Watching

Upcoming dividend of US$0.35 per share

General Counsel & Secretary recently sold US$2.1m worth of stock

CEO & Brand President of Coach notifies of intention to sell stock

Tapestry, Inc. (NYSE:TPR) Soars 28% But It's A Story Of Risk Vs Reward

Tapestry, Inc. Approves Appointment of Alan Lau and Annabelle Yu Long as Directors

Tapestry, Inc. (NYSE:TPR) announces an Equity Buyback for $2,000 million worth of its shares.

Tapestry (NYSE:TPR) Has Announced A Dividend Of $0.35

First quarter dividend of US$0.35 announced

First quarter 2025 earnings released: EPS: US$0.81 (vs US$0.85 in 1Q 2024)

Tapestry, Inc Declares Quarterly Cash Dividend, Payable on December 23, 2024

Price target increased by 8.8% to US$54.00

Tapestry, Inc. to Report Q2, 2025 Results on Feb 06, 2025

Shareholders Will Probably Not Have Any Issues With Tapestry, Inc.'s (NYSE:TPR) CEO Compensation

Price target increased by 8.7% to US$53.44

Tapestry Capri Deal Gets Blocked, What Now?

Tapestry, Inc. to Report Q1, 2025 Results on Nov 07, 2024

Tapestry, Inc. (NYSE:TPR) Shares Could Be 47% Below Their Intrinsic Value Estimate

Tapestry, Inc., Annual General Meeting, Nov 14, 2024

Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly

Upcoming dividend of US$0.35 per share

Tapestry: Uncertain Outlook With Visible Overhangs

Tapestry (NYSE:TPR) Is Due To Pay A Dividend Of $0.35

Fourth quarter dividend of US$0.35 announced

Full year 2024 earnings: EPS misses analyst expectations

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on September 23, 2024

Tapestry, Inc. Appoints Eva Erdmann as CEO & Brand President of Kate Spade

Why Tapestry, Inc. (NYSE:TPR) Could Be Worth Watching

Tapestry, Inc.(NYSE:TPR) dropped from Russell 2500 Growth Index

Tapestry: Stuck In No Man's Land (Downgrade To Sell)

Tapestry, Inc. (NYSE:TPR) Doing What It Can To Lift Shares

Upcoming dividend of US$0.35 per share

Tapestry: A Balanced Risk-To-Reward As Capri Acquisition Is Under FTC Scrutiny

Third quarter dividend of US$0.35 announced

Tapestry, Inc. to Report Fiscal Year 2024 Results on Aug 15, 2024

Tapestry, Inc. Provides Earnings Guidance for the Fiscal 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly

Is Tapestry, Inc. (NYSE:TPR) Trading At A 32% Discount?

Some Investors May Be Worried About Tapestry's (NYSE:TPR) Returns On Capital

Tapestry Stock: Plenty Of Positives Beyond The Capri Acquisition

Tapestry, Inc. Announces Board and Committee Appointments

Upcoming dividend of US$0.35 per share

Tapestry, Inc. (NYSE:TPR) Shares Fly 25% But Investors Aren't Buying For Growth

We Think Tapestry's (NYSE:TPR) Profit Is Only A Baseline For What They Can Achieve

Second quarter dividend of US$0.35 announced

Tapestry, Inc. to Report Q3, 2024 Results on May 09, 2024

Price target increased by 8.3% to US$46.82

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on March 25, 2024; Provides Dividend Guidance for the Year 2024

Tapestry, Inc. to Report Q2, 2024 Results on Feb 08, 2024

Tapestry, Inc.'s (NYSE:TPR) Intrinsic Value Is Potentially 100% Above Its Share Price

Tapestry: Deal Risk Despite An Attractive Valuation

Upcoming dividend of US$0.35 per share at 4.4% yield

Tapestry: The Reasons We Are Becoming More Bullish

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.4% to US$43.03

Tapestry, Inc. Declares Quarterly Cash Dividend, Payable on December 26, 2023

Tapestry, Inc., Annual General Meeting, Nov 02, 2023

Tapestry: Anything But A Luxury To Investors

Upcoming dividend of US$0.35 per share at 4.2% yield

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Tapestry, Inc. to Report Q1, 2024 Results on Nov 09, 2023

Tapestry, Inc. (NYSE:TPR) entered into a definitive agreement to acquire Capri Holdings Limited (NYSE:CPRI) for $6.9 billion.

Tapestry, Inc. (NYSE:TPR) entered into a definitive agreement to acquire Capri Holdings Limited (NYSE:CPRI) for $6.9 billion.

Investor sentiment deteriorates as stock falls 19%

Tapestry, Inc. to Report Fiscal Year 2023 Results on Aug 17, 2023

Tapestry: Navigating Luxury Retail Landscape Well

Tapestry: Decent Price, Decent Prospects