Tapestry (TPR) Expected to Post Quarterly Earnings on Thursday

Key Points

• Tapestry is expected to report Q1 fiscal 2027 results before Thursday’s market open, with analysts forecasting earnings of $1.56 per share on $1.85 billion in revenue. The company’s fiscal 2027 EPS guidance is $7.80–$7.90.
• In its previous quarter, Tapestry beat estimates with $1.32 EPS and $1.88 billion in revenue, while revenue increased 8.9% year over year. The company also raised its quarterly dividend to $0.4625 per share, or $1.85 annually.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $170.62, though several brokerages recently lowered their targets and two firms downgraded the stock to “Hold.” Shares recently traded at $111.18, well below their 52-week high of $164.80.

Tapestry (NYSE:TPR - Get Free Report) is projected to release its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect Tapestry to announce earnings of $1.56 per share and revenue of $1.85 billion for the quarter. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Parties can check the company's upcoming Q1 2027 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Tapestry (NYSE:TPR - Get Free Report) last issued its earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.04. Tapestry had a return on equity of 254.95% and a net margin of 19.09%. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the company posted $1.04 EPS. The business's quarterly revenue was up 8.9% on a year-over-year basis. On average, analysts expect Tapestry to post $7.94 EPS for the current fiscal year and $8.82 EPS for the next fiscal year.

Tapestry Price Performance

Tapestry stock opened at $111.18 on Thursday. The firm has a fifty day moving average of $118.19 and a 200-day moving average of $137.26. The company has a quick ratio of 1.25, a current ratio of 1.75 and a debt-to-equity ratio of 3.44. Tapestry has a 52-week low of $93.00 and a 52-week high of $164.80. The firm has a market capitalization of $22.17 billion, a P/E ratio of 15.25, a PEG ratio of 1.40 and a beta of 1.42.

Tapestry Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 4th were issued a dividend of $0.4625 per share. The ex-dividend date was Friday, September 4th. This represents a $1.85 annualized dividend and a yield of 1.7%. This is a boost from Tapestry's previous quarterly dividend of $0.40. Tapestry's dividend payout ratio (DPR) is presently 25.38%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TPR. Zacks Research cut Tapestry from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 22nd. Wall Street Zen cut shares of Tapestry from a "buy" rating to a "hold" rating in a research note on Sunday, August 16th. Raymond James Financial dropped their target price on Tapestry from $165.00 to $140.00 and set an "outperform" rating on the stock in a report on Friday, October 16th. UBS Group lowered their target price on Tapestry from $232.00 to $200.00 and set a "buy" rating on the stock in a report on Tuesday, October 20th. Finally, Robert W. Baird cut their price target on shares of Tapestry from $165.00 to $150.00 and set an "outperform" rating for the company in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $170.62.

Insider Buying and Selling

In related news, CEO Joanne Crevoiserat sold 27,761 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $132.47, for a total transaction of $3,677,499.67. Following the completion of the sale, the chief executive officer directly owned 666,149 shares in the company, valued at approximately $88,244,758.03. This trade represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Denise Kulikowsky sold 5,810 shares of the firm's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $115.38, for a total value of $670,357.80. Following the sale, the insider directly owned 21,136 shares of the company's stock, valued at $2,438,671.68. This trade represents a 21.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.28% of the company's stock.

Tapestry Company Profile

Tapestry, Inc is a global house of modern luxury accessories and lifestyle brands. The company's portfolio includes Coach, known for handbags, leather goods, footwear, apparel and accessories; Kate Spade New York, which offers handbags, accessories, apparel, footwear, home products and related lifestyle merchandise; and Stuart Weitzman, a designer and manufacturer of women's footwear.

Tapestry sells its products through company-operated stores, outlet locations, e-commerce websites, wholesale partners and select distributors.

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