Tapestry, Inc. (TPR)
| Market Cap | 9.74B |
| Revenue (ttm) | 6.70B |
| Net Income (ttm) | 880.80M |
| Shares Out | 229.77M |
| EPS (ttm) | 3.78 |
| PE Ratio | 11.20 |
| Forward PE | 9.39 |
| Dividend | $1.40 (3.31%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 2,780,105 |
| Open | 42.53 |
| Previous Close | 42.52 |
| Day's Range | 42.18 - 42.76 |
| 52-Week Range | 25.99 - 48.80 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 48.53 (+14.67%) |
| Earnings Date | May 9, 2024 |
About TPR
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, 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 charm... [Read more]
Financial Performance
In 2023, Tapestry's revenue was $6.66 billion, a decrease of -0.35% compared to the previous year's $6.68 billion. Earnings were $936.00 million, an increase of 9.31%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for TPR stock is "Buy." The 12-month stock price forecast is $48.53, which is an increase of 14.67% from the latest price.
News
Total Environment, World's Largest Builder of Custom-designed Homes, Launches $250 Million Project ‘Tapestry' at Frisco, Texas
FRISCO, Texas--(BUSINESS WIRE)-- #LuxuryHomes--World's largest builder of custom-designed homes launches $250 million project ‘Tapestry' at Frisco, Texas.
Tapestry Stock Falls After Earnings Beat. Here's Why.
The fashion company posted adjusted earnings of 81 cents a share, topping analysts' estimates for 68 cents a share
Coach, Kate Spade parent's stock drops after revenue comes up short, to offset a profit beat
Shares of Tapestry Inc. TPR, -0.03% dropped 2.2% toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal third-quarter revenue that fell a bit short, as the Co...
Coach parent Tapestry lowers annual sales forecast on weak demand
Coach handbag maker Tapestry cut its annual sales forecast after missing third-quarter revenue estimates on Thursday, on signs that demand for its handbags and accessories would remain weak in the fac...
Tapestry, Inc. Delivers Q3 Earnings Ahead of Expectations
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today reported results for the fiscal th...
Up 6% Year To Date, What Lies Ahead For Tapestry Stock Post Q3 Results?
Tapestry (NYSE: TPR), a luxury goods retailer of handbags, shoes, and accessories, is scheduled to report its fiscal third-quarter results on Thursday, May 9.
‘Accessible Luxury' On Trial As FTC Moves To Block Tapestry From Acquiring Capri
Tapestry has fired back at the Federal Trade Commission's move to block its $8.5 billion acquisition of Capri Holdings. In a filing in the U.S. Southern District Court of New York, Tapestry and Capri ...
Al Shindagha Museum - A Modern Journey through Dubai's Rich Heritage and Cultural Tapestry
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Al Shindagha Museum - A Modern Journey through Dubai's Rich Heritage and Cultural Tapestry.
Tapestry Fights On Two Legal Battlefronts Against The FTC And Gap/Old Navy
Two legal battles are rocking Tapestry, Inc, owner of the Coach, Kate Spade and Stuart Weitzman brands. One is a more or less routine trademark dispute against Gap Gap and its Old Navy brand.
Tapestry, Inc. to Host FY24 Third Quarter Earnings Call
NEW YORK--(BUSINESS WIRE)--On Thursday, May 9, 2024 at 8:00 a.m. (ET), Tapestry, Inc. (NYSE: TPR) will hold a conference call to discuss the Company's fiscal 2024 third quarter results which will be r...
The FTC wants to block a big handbag merger to preserve competition. ‘10,000 alternatives' could complicate its case.
When the Federal Trade Commission on Monday sued to block Tapestry Inc.'s acquisition of Capri Holdings, the agency said it was trying to keep handbags made by brands like Coach, Kate Spade and Michae...
US Sues to Block $8.5 Billion Tapestry-Capri Luxury Deal
The US Federal Trade Commission sued to stop Tapestry's $8.5 billion takeover of rival Capri Holdings, saying the acquisition would harm consumers by raising prices on handbags and accessories in the ...
FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors
Tapestry had offered to buy Capri in August, hoping to create a US fashion behemoth that could effectively battle bigger European rivals such as Louis Vuitton parent LVMH.
US sues to block Tapestry-Capri $8.5bn merger, citing monopoly concerns
FTC lawsuit to block Coach parent from buying Michael Kors owner says deal would deprive consumers of competition
Capri Holdings Limited Issues Statement on FTC Action Seeking to Block Proposed Transaction with Tapestry, Inc.
LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today issued the following statement in response to the U.S. Federal Trade Commission's (FTC) unprecedented ...
FTC sues to block Tapestry's acquisition of Capri
The Federal Trade Commission on Monday sued to block Tapestry Inc.'s TPR, -0.76% $8.5 billion acquisition of Capri Holdings CPRI, -1.48%, arguing that a deal would reduce competition and allow Tapestr...
Tapestry, Inc. Responds to the FTC's Lawsuit
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today issued the following statement in ...
US sues to block merger of Coach and Michael Kors handbag makers
The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri , saying it would eliminate "direct head-to-head competition" betwee...
FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings
FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings
FTC Could Scuttle Tapestry-Capri Merger, Killing Its Ability To Compete In The Luxury Market
The $8.5 billion Tapestry acquisition of Capri Holding deal announced last August is on ice, after the NYT Dealbook broke the news the Federal Trade Commission may sue to block the agreement.
FTC may try to block yet another business merger
The FTC is reportedly planning to file suit to block a merger between luxury fashion firms Tapestry and Capri, the parent companies of several prominent brands like Versace and Coach.
FTC is gearing up to block the proposed merger of Coach parent Tapestry and Michael Kors parent Capri: NYT
The Federal Trade Commission is gearing up to block the proposed merger of Tapestry Inc. and Capri Holdings, the New York Times Dealbook reported on Wednesday, citing two people with knowledge of the ...
US FTC preparing to sue to block $8.5 bln takeover of Capri by Tapestry, NYT Dealbook reports
The U.S. Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings , NYT Dealbook reported on Wednesday, citing peo...
Tapestry merger with Versace owner Capri gets EU, Japan approval
Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday.
Introducing Amira's New “Metamorphosis and Me” Series – A Chromatic Tapestry of Self-Discovery
FLORENCE, Italy--(BUSINESS WIRE)--Introducing Amira's New “Metamorphosis and Me” Series – A Chromatic Tapestry of Self-Discovery.