Tapestry (TPR) Stock Forecast, Price & News

Tapestry (NYSE:TPR) Frequently Asked Questions

Is Tapestry a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tapestry in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tapestry stock.
View analyst ratings for Tapestry or view top-rated stocks.

When is Tapestry's next earnings date?

Tapestry is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our earnings forecast for Tapestry.

How were Tapestry's earnings last quarter?

Tapestry, Inc. (NYSE:TPR) announced its quarterly earnings data on Thursday, May, 12th. The luxury accessories retailer reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.11. The luxury accessories retailer earned $1.44 billion during the quarter, compared to analysts' expectations of $1.43 billion. Tapestry had a net margin of 12.99% and a trailing twelve-month return on equity of 32.07%. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 earnings per share.
View Tapestry's earnings history.

How often does Tapestry pay dividends? What is the dividend yield for Tapestry?

Tapestry announced a quarterly dividend on Thursday, May 12th. Investors of record on Friday, June 3rd will be given a dividend of $0.25 per share on Monday, June 27th. This represents a $1.00 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Thursday, June 2nd.
View Tapestry's dividend history.

Is Tapestry a good dividend stock?

Tapestry pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.18%. The dividend payout ratio of Tapestry is 32.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tapestry will have a dividend payout ratio of 25.25% next year. This indicates that Tapestry will be able to sustain or increase its dividend.
View Tapestry's dividend history.

How will Tapestry's stock buyback program work?

Tapestry declared that its Board of Directors has initiated a share repurchase program on Thursday, May 12th 2022, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 18% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

What guidance has Tapestry issued on next quarter's earnings?

Tapestry issued an update on its FY 2022 earnings guidance on Thursday, May, 19th. The company provided earnings per share guidance of $3.45-$3.45 for the period, compared to the consensus earnings per share estimate of $3.62. The company issued revenue guidance of $6.70 billion-$6.70 billion, compared to the consensus revenue estimate of $6.75 billion.

What price target have analysts set for TPR?

13 brokers have issued 12-month price targets for Tapestry's stock. Their forecasts range from $36.00 to $63.00. On average, they expect Tapestry's share price to reach $48.31 in the next year. This suggests a possible upside of 54.4% from the stock's current price.
View analysts' price targets for Tapestry or view top-rated stocks among Wall Street analysts.

Who are Tapestry's key executives?

Tapestry's management team includes the following people:

• Ms. Joanne C. Crevoiserat, Pres, CEO & Director (Age 58, Pay $5.55M) (LinkedIn Profile)
• Mr. Todd Kahn, CEO & Brand Pres of Coach (Age 58, Pay $3.26M) (LinkedIn Profile)
• Mr. Scott A. Roe, CFO & Head of Strategy (Age 57, Pay $317.6k)
• Mr. Thomas A. Glaser, Chief Operations Officer (Age 61, Pay $2.39M)
• Ms. Andrea Shaw Resnick, Chief Communications Officer (Age 61, Pay $1.79M)
• Ms. Elizabeth Fraser, CEO & Brand Pres of Kate Spade New York (Age 59, Pay $2.6M)
• Mr. Manesh B. Dadlani, VP, Principal Accounting Officer & Controller (Age 39)
• Ms. Christina Colone, Global Head of Investor Relations
• Mr. David E. Howard, Sr. VP, Gen. Counsel & Sec. (Age 47) (LinkedIn Profile)
• Ms. Sarah Dunn, Global HR Officer (Age 62) (LinkedIn Profile)

What is Todd Kahn's approval rating as Tapestry's CEO?

34 employees have rated Tapestry CEO Todd Kahn on Glassdoor.com. Todd Kahn has an approval rating of 84% among Tapestry's employees.

Who are some of Tapestry's key competitors?

Some companies that are related to Tapestry include V.F. (VFC), Ralph Lauren (RL), Columbia Sportswear (COLM), PVH (PVH), Hanesbrands (HBI), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Movado Group (MOV), Fossil Group (FOSL), Delta Apparel (DLA), Vera Bradley (VRA) and Boardriders (ZQKSQ).
View all of TPR's competitors.

What other stocks do shareholders of Tapestry own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tapestry investors own include Intel (INTC), AT&T (T), Wells Fargo & Company (WFC), Ford Motor (F), Exxon Mobil (XOM), Gilead Sciences (GILD), QUALCOMM (QCOM), Pfizer (PFE), Capri (CPRI) and Cisco Systems (CSCO).

What is Tapestry's stock symbol?

Tapestry trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPR."

Who are Tapestry's major shareholders?

Tapestry's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.37%), State Street Corp (3.95%), American Century Companies Inc. (1.82%), Bank of New York Mellon Corp (1.63%), Invesco Ltd. (1.42%) and Lazard Asset Management LLC (1.24%). Company insiders that own Tapestry stock include David E Howard, Ivan Menezes, Joanne C Crevoiserat, John P Bilbrey, Manesh Dadlani, Sarah Dunn and Todd Kahn.
View institutional ownership trends for Tapestry.

Which institutional investors are selling Tapestry stock?

TPR stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Suvretta Capital Management LLC, Invesco Ltd., State Street Corp, Shellback Capital LP, Royal Bank of Canada, Capital Fund Management S.A., and Bank of Montreal Can. Company insiders that have sold Tapestry company stock in the last year include David E Howard, Manesh Dadlani, and Todd Kahn.
View insider buying and selling activity for Tapestry or view top insider-selling stocks.

Which institutional investors are buying Tapestry stock?

TPR stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Lazard Asset Management LLC, Vanguard Group Inc., Dana Investment Advisors Inc., Goldman Sachs Group Inc., Jupiter Asset Management Ltd., Bank of Nova Scotia, and Pacer Advisors Inc.. Company insiders that have bought Tapestry stock in the last two years include Joanne C Crevoiserat, and John P Bilbrey.
View insider buying and selling activity for Tapestry or or view top insider-buying stocks.

How do I buy shares of Tapestry?

Shares of TPR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tapestry's stock price today?

One share of TPR stock can currently be purchased for approximately $31.30.

How much money does Tapestry make?

Tapestry has a market capitalization of $7.88 billion and generates $5.75 billion in revenue each year. The luxury accessories retailer earns $834.20 million in net income (profit) each year or $3.10 on an earnings per share basis.

How many employees does Tapestry have?

Tapestry employs 16,400 workers across the globe.

Does Tapestry have any subsidiaries?

The following companies are subsidiares of Tapestry: 17052011 Limited, 504-514 West 34th Street Corp., B.B. SAS, Coach (US) Partnership LLC, Coach Brasil Participações Ltda, Coach Consulting Dongguan Co. Ltd., Coach Holdings Partnership (UK) LP, Coach Hong Kong Limited, Coach IP Holdings LLC, Coach International Holdings Sàrl, Coach International Limited, Coach International UK Holdings Limited, Coach Italy S.r.l., Coach Japan Investments LLC, Coach Korea Limited, Coach Leatherware (Thailand) Ltd., Coach Leatherware India Private Limited, Coach Legacy Yards LLC, Coach Legacy Yards Lender LLC, Coach Luxembourg Financing S.a.r.l, Coach Malaysia SDN. BHD., Coach Management (Shanghai) Co. Ltd., Coach Manufacturing Limited, Coach Netherlands B.V., Coach New Zealand, Coach Operations Singapore Pte. Ltd., Coach Services Inc., Coach Shanghai Limited, Coach Singapore Pte. Ltd., Coach Spain S.L., Coach Stores Australia PTY LTD, Coach Stores Austria GmbH, Coach Stores Belgium, Coach Stores Canada Corporation, Coach Stores France SARL, Coach Stores Germany GmbH, Coach Stores Ireland Limited, Coach Stores Limited, Coach Stores Puerto Rico Inc., Coach Stores Switzerland GmbH, Coach Stores Unipessoal LDA, Coach Thailand Holdings LLC, Coach Vietnam Company Limited, Creaciones S.W. S.A., FNP Holdings LLC, Fifth & Pacific Companies Canada Inc, Fifth & Pacific Companies Cosmetics Inc., Fifth & Pacific Companies Foreign Holdings LLC, Hope Diamon S.L., IP Holdings 2017 LLC, Juicy Couture Inc., KS China Co. Ltd., KS HMT Co. Limited, Karucci LLC, Kate Spade & Company, Kate Spade & Company International Limited, Kate Spade Holdings LLC, Kate Spade LLC, Kate Spade Macau Limited, Kate Spade Puerto Rico LLC, Kate Spade Retail Hong Kong Limited, Kate Spade UK Ltd., Liz Foreign B.V., Lizzy Mae LLC, MFE Limited, Mocaroni S.L., Preparaciones y Moldeados SL, SW Luxembourg Holdings, SW-Italy LLC, Shanghai Kate Spade Trading Co. Ltd., Shoe Heaven S.L., Shoes By Stuart S.L.U., Stuart Weitzman Holdings LLC, Stuart Weitzman IP LLC, Stuart Weitzman International UK Holdings Limited, Stuart Weitzman Monaco S.A.R.L., Stuart Weitzman UK Holdings Limited, Sunburst S.L., Tapestry (Cambodia) Company Limited, Tapestry International US Holdings LLC, Tapestry Japan LLC, Tapestry Myanmar Limited, Tapestry Ventures International LLC, WCFL Holdings LLC, and Westcoast Contempo Fashions Limited.

When was Tapestry founded?

Tapestry was founded in 1941.

What is Tapestry's official website?

The official website for Tapestry is www.tapestry.com.

How can I contact Tapestry?

Tapestry's mailing address is 10 HUDSON YARDS, NEW YORK NY, 10001. The luxury accessories retailer can be reached via phone at (212) 946-8400 or via fax at 212-594-1682.