Tapestry, Inc.

NYSE:TPR Stock Report

Market Cap: US$26.3b

Tapestry Past Earnings Performance

Past criteria checks 0/6

Tapestry's earnings have been declining at an average annual rate of -6.3%, while the Luxury industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 4.7% per year. Tapestry's return on equity is 97.1%, and it has net margins of 8.4%.

Key information

-6.33%

Earnings growth rate

-0.97%

EPS growth rate

Luxury Industry Growth12.25%
Revenue growth rate4.74%
Return on equity97.13%
Net Margin8.44%
Next Earnings Update13 Aug 2026

Recent past performance updates

Analysis Article Nov 13

Some May Be Optimistic About Tapestry's (NYSE:TPR) Earnings

The market for Tapestry, Inc.'s ( NYSE:TPR ) shares didn't move much after it posted weak earnings recently. Our...

Recent updates

Analysis Article May 11

Results: Tapestry, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

A week ago, Tapestry, Inc. ( NYSE:TPR ) came out with a strong set of quarterly numbers that could potentially lead to...
Narrative Update Apr 30

TPR: Share Repurchases And Rising Street Confidence Will Support Richer Future P E Multiple

Narrative Update on Tapestry The analyst price target on Tapestry has moved higher by a few dollars across multiple firms, with analysts broadly pointing to their updated assumptions on revenue growth, margins and P/E multiples to support the new price levels. Analyst Commentary Recent Street research on Tapestry has been consistently constructive, with a series of firms adjusting their price targets higher and introducing fresh coverage with a positive tone.
Narrative Update Apr 16

TPR: Richer P/E Will Face Earnings Delivery And Margin Execution Risk

The analyst price target for Tapestry has been raised by $10 to $180, as analysts incorporate updated assumptions for revenue growth, profit margins, and P/E multiples, reflecting a recent series of upward target revisions across major firms. Analyst Commentary Recent research updates on Tapestry have largely centered on revisions to price targets, with several firms adjusting their models for revenue, margins, and P/E assumptions.
Narrative Update Apr 01

TPR: Higher Handbag Demand And Buybacks Will Support Richer Future P E Multiple

Analyst price targets for Tapestry have moved higher into the $150 to $180 range, with firms pointing to updated views on revenue growth, profit margins and sector positioning as key drivers of their revised valuations. Analyst Commentary Recent Street research on Tapestry has skewed clearly bullish, with a cluster of firms lifting price targets into the mid to high $100s and highlighting updated assumptions on revenue, margins and sector positioning.
Seeking Alpha Mar 30

Tapestry: Coach Skyrockets In A Tough Consumer Economy (Upgrade)

Summary Tapestry has defied a tough retail landscape, delivering accelerating sales growth and robust margins, especially in its flagship Coach brand. TPR’s FY26 revenue guidance was raised to 14% growth and pro forma EPS to $6.40–$6.45, well above prior expectations. Gross margins remain exceptional at 75.5%, reflecting premium brand strength and scale, even amid tariff headwinds and higher marketing spend. I'm upgrading TPR to 'Neutral,' as recent outperformance appears priced in and risks remain around Kate Spade and a more promotional retail environment. Read the full article on Seeking Alpha
Narrative Update Mar 18

TPR: Higher Handbag Demand And Buybacks Will Support Richer Future P E Multiple

The analyst fair value estimate for Tapestry has been updated from $155.00 to $190.00, reflecting a series of recent price target increases and supportive research from multiple firms that highlight adjusted expectations for growth, margins, and valuation. Analyst Commentary Recent research shows a cluster of bullish analysts lifting price targets on Tapestry, with some major firms also reaffirming positive ratings.
Narrative Update Mar 04

TPR: Higher Street Views And Buybacks Will Shape Balanced Long Term Outlook

Tapestry's analyst price target has been raised from $131.50 to $160.21 as analysts factor in updated assumptions for revenue growth, profit margins and future P/E, alongside a broad series of recent target hikes across the Street. Analyst Commentary Recent research updates on Tapestry have clustered around higher price targets and supportive ratings, pointing to a constructive stance from many firms.
Narrative Update Feb 18

TPR: Richer P/E Expectations Will Confront Ongoing Demand And Margin Execution Risk

Our updated Tapestry narrative reflects a higher analyst price target, moving our fair value estimate from $88.18 to $111.50. Analysts point to a richer future P/E, a modestly stronger margin outlook, and a series of recent target hikes across major firms as key supports for the change.
Analysis Article Feb 08

Tapestry, Inc. Just Beat EPS By 21%: Here's What Analysts Think Will Happen Next

Tapestry, Inc. ( NYSE:TPR ) defied analyst predictions to release its quarterly results, which were ahead of market...
Narrative Update Feb 03

TPR: Higher Handbag Sales Trends Will Support Richer Future P E Multiple

Analysts have raised their fair value estimate for Tapestry to $155 from $139, citing higher assumed revenue growth, a slightly stronger profit margin profile, and a richer future P/E multiple that is in line with recent Street price target increases across several firms. Analyst Commentary Recent research updates on Tapestry have leaned positive, with several bullish analysts lifting their price targets and pointing to specific drivers that they believe support a higher valuation.
Narrative Update Jan 20

TPR: Higher Price Views And Buybacks Will Support Balanced Long Term Outlook

Analysts have lifted their Tapestry fair value estimate by about US$6 to roughly US$131.50. This reflects slightly higher modeled revenue growth, a modestly lower discount rate, and a higher assumed future P/E multiple supported by recent price target increases across major research firms.
Narrative Update Jan 06

TPR: Elevated Expectations Will Face Demand Uncertainty And Execution Risk

Analysts have lifted their Tapestry price targets into a roughly $135 to $154 range, citing expectations for improving consumer sentiment, inventory discipline, and sector tailwinds from lower rates and gas prices, along with constructive views from recent luxury and retail conferences. Analyst Commentary Recent research has clustered Tapestry price targets in the mid $130s to mid $150s, with several firms pointing to consumer resilience in discretionary categories, inventory discipline, and potential benefits from lower interest rates and gas prices.
Analysis Article Jan 04

What Is Tapestry, Inc.'s (NYSE:TPR) Share Price Doing?

Let's talk about the popular Tapestry, Inc. ( NYSE:TPR ). The company's shares saw a significant share price rise of...
Narrative Update Dec 21

TPR: Rising Price Views And Buybacks Will Support Measured Long Term Upside

Analysts have modestly raised their price target on Tapestry, reflecting an improved fair value estimate of approximately $125 per share as they factor in stronger revenue growth, slightly higher profit margins, and updated retail insights from recent luxury sector conferences. Analyst Commentary Bullish analysts highlight that the latest round of price target increases, including a move to $148 per share from JPMorgan, signals growing confidence in Tapestry's ability to compound earnings through both revenue growth and disciplined margin management.
Narrative Update Dec 07

TPR: Extended Buybacks And Fiscal 2028 Plan Will Support Measured Upside

Tapestry's analyst price target has been nudged higher, with our fair value estimate moving modestly to about $121. Analysts cite strengthened long term earnings visibility and brand momentum following recent investor events and upward revisions to Street targets across major firms.
Narrative Update Nov 22

TPR: Multi-Year Buybacks And Fiscal 2028 Plans Will Drive Long-Term Upside

The analyst consensus price target for Tapestry was modestly reduced by approximately $0.79 to $121.68. Analysts cited more conservative growth and discount rate assumptions as the reason, despite recent upward revisions across the sector following positive industry conferences and updated long-term guidance.
Analysis Article Nov 13

Some May Be Optimistic About Tapestry's (NYSE:TPR) Earnings

The market for Tapestry, Inc.'s ( NYSE:TPR ) shares didn't move much after it posted weak earnings recently. Our...
Narrative Update Nov 03

TPR: Upcoming Share Buybacks And Dividend Hike Will Drive Long-Term Upside

The consensus analyst price target for Tapestry has increased by approximately $3 to $122.47. This reflects growing confidence in the company’s near-term growth and sustained brand momentum despite tariff challenges.
Narrative Update Oct 20

Global Markets And Digital Capabilities Will Shape Future Upside

Tapestry's analyst price target increased by approximately $1.16 to $119.16. Analysts cite ongoing brand momentum, strong long-term guidance, and tariff resilience as supporting factors for the upward revision.
Narrative Update Oct 05

Global Markets And Digital Capabilities Will Shape Future Upside

Tapestry's analyst price target has increased from $116.44 to $118.00. This change reflects analysts' ongoing confidence in brand momentum, resilient earnings prospects, and upwardly revised long-term estimates, despite tariff-related headwinds.
Narrative Update Sep 12

Global Markets And Digital Capabilities Will Shape Future Upside

Analysts have raised Tapestry’s price target to $116.44, citing ongoing growth momentum for Coach, upwardly revised EPS estimates from enhanced financial targets and buybacks, and confidence in multi-year guidance, despite near-term tariff headwinds and cautious sentiment following a strong share rally. Analyst Commentary Bullish analysts highlight continued strong momentum and secular tailwinds for the Coach brand, expecting ongoing outsized growth and significant gross margin upside driven by robust brand execution and steady full-price selling.
Analysis Article Aug 17

Tapestry (NYSE:TPR) Will Pay A Larger Dividend Than Last Year At $0.40

The board of Tapestry, Inc. ( NYSE:TPR ) has announced that it will be increasing its dividend by 14% on the 22nd of...
Narrative Update Aug 07

Brand Investments Will Fortify Customer Engagement In Europe And Greater China

With both the analyst price target and revenue growth forecasts for Tapestry remaining unchanged, consensus fair value remains steady at $106.39. What's in the News Tapestry, Inc.
Analysis Article Jul 14

Is There An Opportunity With Tapestry, Inc.'s (NYSE:TPR) 24% Undervaluation?

Key Insights The projected fair value for Tapestry is US$129 based on 2 Stage Free Cash Flow to Equity Tapestry is...
Analysis Article Jun 29

At US$87.11, Is Tapestry, Inc. (NYSE:TPR) Worth Looking At Closely?

Today we're going to take a look at the well-established Tapestry, Inc. ( NYSE:TPR ). The company's stock saw a...
Analysis Article Jun 13

Tapestry, Inc.'s (NYSE:TPR) Subdued P/E Might Signal An Opportunity

It's not a stretch to say that Tapestry, Inc.'s ( NYSE:TPR ) price-to-earnings (or "P/E") ratio of 19.9x right now...
Analysis Article May 29

Tapestry (NYSE:TPR) Is Paying Out A Dividend Of $0.35

Tapestry, Inc.'s ( NYSE:TPR ) investors are due to receive a payment of $0.35 per share on 23rd of June. Based on this...
Seeking Alpha Mar 17

Tapestry: Unleashed Thanks To The Failed Capri Deal

Summary Tapestry, Inc.'s shares doubled after the Capri deal fell through, but recent market turmoil has halved those gains, making me cautious despite reasonable valuations. The company's strategy to acquire luxury brands, including Stuart Weitzman and Kate Spade, aimed to create a luxury powerhouse but did not really come to fruition. The company posted strong fiscal results and hiked guidance, but recent market performance and potential tariffs pose risks to sustaining current operating performance. Despite the failed Capri deal boosting TPR shares, I remain cautious and seek a bigger setback before considering buying Tapestry shares. Read the full article on Seeking Alpha
Seeking Alpha Feb 10

Tapestry: Why You Should Tap Into This GARP Stock

Summary Tapestry has shown strong financial performance as of late, led by its flagship Coach brand. The company focuses on digital expansion, Gen-Z engagement, and growth in China, enhancing its long-term prospects and market positioning. TPR's material share buybacks and well-covered dividend support robust total return potential for investors. Despite recent share price gains, TPR remains attractively valued considering its growth potential, making it a compelling GARP stock. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How Tapestry makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:TPR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Mar 267,8516634,1690
27 Dec 257,5155224,0540
27 Sep 257,2082713,9700
28 Jun 257,0111833,8810
29 Mar 256,8798603,8090
28 Dec 246,7767963,7250
28 Sep 246,6668083,6580
29 Jun 246,6718163,6330
30 Mar 246,7008813,6020
30 Dec 236,7279283,6060
30 Sep 236,6689363,5600
01 Jul 236,6619363,5430
01 Apr 236,6669013,5030
31 Dec 226,5948373,4600
01 Oct 226,7108253,4710
02 Jul 226,6858563,4750
02 Apr 226,6758673,4700
01 Jan 226,5118363,3700
02 Oct 216,0558293,1510
03 Jul 215,7468343,0240
27 Mar 214,8463412,6750
26 Dec 204,645-4282,7010
26 Sep 204,776-4402,7820
27 Jun 204,961-6523,2340
28 Mar 205,760-2093,1730
28 Dec 196,0195853,2090
28 Sep 196,0045413,1800
29 Jun 196,0276433,2340
30 Mar 195,9977063,1400
29 Dec 185,9887293,0760
29 Sep 185,9725383,0440
30 Jun 185,8803982,9720
31 Mar 185,5303382,7710
30 Dec 175,2033192,5870
30 Sep 174,7404562,4160
01 Jul 174,4885912,2710
01 Apr 174,5095212,3600
31 Dec 164,5475112,3950
01 Oct 164,4994822,3810
02 Jul 164,4924612,2760
26 Mar 164,3413912,3810
26 Dec 154,2383662,3440
26 Sep 154,1833802,3100
27 Jun 154,1924022,2910

Quality Earnings: TPR has a large one-off loss of $983.2M impacting its last 12 months of financial results to 28th March, 2026.

Growing Profit Margin: TPR's current net profit margins (8.4%) are lower than last year (12.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TPR's earnings have declined by 6.3% per year over the past 5 years.

Accelerating Growth: TPR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TPR had negative earnings growth (-22.8%) over the past year, making it difficult to compare to the Luxury industry average (13.8%).


Return on Equity

High ROE: Whilst TPR's Return on Equity (97.13%) is outstanding, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 05:41
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/28
Annual Earnings2025/06/28

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Tapestry, Inc. is covered by 46 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.

AnalystInstitution
null nullArgus Research Company
Mark AltschwagerBaird
Adrienne Yih-TennantBarclays