Track market-moving stories before they get noisy

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Tapestry (TPR - Free Report) Founded in 1941 and headquartered in New York, Tapestry, Inc., which was formerly known as Coach, Inc., is a designer and marketer of accessories and lifestyle products for women and men in the United States and internationally. The company offers handbags, women’s and men’s accessories, footwear, jewelry, seasonal apparel collections, eyewear, travel products, fragrance and watches. The company sells through direct-to-consumer, wholesale and licensing channels.

TPR is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. TPR has a Growth Style Score of A, forecasting year-over-year earnings growth of 12.6% for the current fiscal year.

Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.25 to $7.94 per share. TPR also boasts an average earnings surprise of +16%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TPR should be on investors' short list.

Key Takeaways Tapestry posted 19% Europe and Asia-Pacific revenue growth, led by a 28% gain in Greater China.Coach drove gains of 30% in Greater China and 25% in Europe, while Japan revenues fell 4%.Tapestry expects mid-teens growth in Europe and Greater China as international markets expand in fiscal 2027. Tapestry, Inc. (TPR - Free Report) is gaining momentum across international markets, supported by customer acquisition and increasing brand relevance. In the fourth quarter of fiscal 2026, revenues in Europe rose 19% on a pro forma constant-currency basis, while total Asia-Pacific revenues advanced 19%. Greater China led the gains with 28% growth, underscoring the expanding global appeal of Tapestry’s brands.

The strength extended across most overseas markets. Revenues in Other Asia increased 22%, led by South Korea and Australia. Coach remained the primary growth engine, delivering gains of 30% in Greater China and 25% in Europe. Revenues in Japan declined 4% as Tapestry deliberately reduced promotions to enhance brand health and profitability.

Customer acquisition and localized engagement underpinned the performance. Greater China benefited from broad-based channel growth, led by digital, while targeted marketing and brand activations resonated with Gen Z consumers. Europe gained from higher spending by local customers and continued recruitment of younger shoppers, helping Tapestry capture additional market share.

The company has considerable room for expansion. Coach’s meaningful European presence remains concentrated primarily in the United Kingdom, leaving opportunities across an estimated 35 to 40 additional countries. Management intends to invest in marketing, stores and localized product offerings to increase awareness and customer acquisition across Europe and China, where brand penetration remains relatively low.

International markets are expected to make a larger contribution in fiscal 2027. Tapestry forecasts mid-teens constant-currency growth in Europe and Greater China, high-single-digit growth in Other Asia and a return to growth in Japan. The higher-margin international mix should support profitable growth as the company targets revenues of $8.4-$8.5 billion and adjusted earnings of $7.80-$7.90 per share.

TPR’s Price Performance, Valuation & EstimatesShares of Tapestry have risen 16.1% over the past year, comfortably outperforming the industry, which has declined 10.2% during the period.

Image Source: Zacks Investment Research

From a valuation standpoint, TPR trades at a forward price-to-earnings ratio of 15.07, above the industry’s average of 12.73. It has a Value Score of A.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Tapestry’s fiscal 2027 earnings implies year-over-year growth of 12.6%, whereas the same for fiscal 2028 indicates an uptick of 11%. Earnings estimates for fiscal 2027 and 2028 have been increased by 17 cents and 4 cents, respectively, over the past 30 days.

Image Source: Zacks Investment Research

TPR’s Zacks Rank & Key PicksTapestry currently carries a Zacks Rank #3 (Hold).

FIGS, Inc. (FIGS - Free Report) is an apparel company focused on the healthcare industry. Its offerings include lab coats, jackets, footwear, bags, socks and other accessories used by healthcare professionals. The company carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for FIGS’ current financial-year earnings and sales suggests growth of 89.5% and 18.2%, respectively, from the year-ago actuals. FIGS delivered a trailing four-quarter average earnings surprise of 201.8%.

Boot Barn Holdings, Inc. (BOOT - Free Report) is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. The company also holds a Zacks Rank #2 at present.

The Zacks Consensus Estimate for Boot Barn’s current fiscal-year earnings and sales suggests growth of 22.6% and 15.7%, respectively, from the year-ago actuals. BOOT delivered a trailing four-quarter average earnings surprise of 11.4%.

Fossil Group, Inc. (FOSL - Free Report) is involved in designing, marketing and distributing consumer fashion accessories. It also carries a Zacks Rank #2.

The Zacks Consensus Estimate for Fossil Group’s current fiscal-year earnings suggests growth of 96.7% from the year-ago actuals. FOSL delivered a trailing four-quarter average negative earnings surprise of 236.2%.

Callan Family Office LLC acquired a new position in Tapestry, Inc. (NYSE:TPR – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,970 shares of the luxury accessories retailer’s stock, valued at approximately $727,000.

Several other large investors also recently added to or reduced their stakes in TPR. World Investment Advisors increased its holdings in Tapestry by 3.6% during the first quarter. World Investment Advisors now owns 1,979 shares of the luxury accessories retailer’s stock valued at $279,000 after buying an additional 69 shares during the last quarter. Horizon Bancorp Inc. IN raised its position in Tapestry by 4.7% in the first quarter. Horizon Bancorp Inc. IN now owns 1,575 shares of the luxury accessories retailer’s stock worth $222,000 after acquiring an additional 71 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of Tapestry by 2.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,682 shares of the luxury accessories retailer’s stock worth $477,000 after acquiring an additional 73 shares during the last quarter. Eastern Bank boosted its stake in shares of Tapestry by 24.4% during the 2nd quarter. Eastern Bank now owns 392 shares of the luxury accessories retailer’s stock worth $57,000 after acquiring an additional 77 shares during the last quarter. Finally, NewEdge Wealth LLC grew its position in shares of Tapestry by 2.7% during the 1st quarter. NewEdge Wealth LLC now owns 3,186 shares of the luxury accessories retailer’s stock valued at $450,000 after acquiring an additional 85 shares during the period. 90.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tapestry In related news, CEO Joanne C. Crevoiserat sold 27,761 shares of the stock in a transaction dated 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.32% of the stock is currently owned by company insiders.

Tapestry Stock Up 1.5% TPR opened at $132.16 on Tuesday. The company has a debt-to-equity ratio of 3.44, a quick ratio of 1.25 and a current ratio of 1.75. Tapestry, Inc. has a fifty-two week low of $93.00 and a fifty-two week high of $164.80. The firm’s fifty day moving average is $144.75 and its 200 day moving average is $144.91. The stock has a market cap of $26.35 billion, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 1.65 and a beta of 1.43. 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 net margin of 19.09% and a return on equity of 254.95%. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. Tapestry’s quarterly revenue was up 8.9% compared to the same quarter last year. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. On average, sell-side analysts forecast that Tapestry, Inc. will post 7.94 earnings per share for the current fiscal year.

Tapestry Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be paid a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.4%. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, September 4th. Tapestry’s dividend payout ratio is currently 21.95%.

Analyst Ratings Changes Several research firms have recently commented on TPR. Daiwa Securities Group upgraded Tapestry from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 17th. Citigroup boosted their price target on Tapestry from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. UBS Group upped their price target on Tapestry from $230.00 to $232.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Evercore set a $175.00 price objective on Tapestry in a research note on Friday, May 8th. Finally, Zacks Research cut Tapestry from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $175.12.

Get Our Latest Analysis on TPR

Tapestry Profile (Free Report)

Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.

Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.

Featured Articles Five stocks we like better than Tapestry Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here

Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.

Key Takeaways TPR fell 13.2% in a month despite stronger operating results and improving earnings expectations.Coach posted 15% revenue growth as customer gains, pricing and international demand supported momentum.Kate Spade losses, tariff uncertainty and TPR's premium valuation leave less room for execution errors. Shares of Tapestry, Inc. (TPR - Free Report) have fallen 13.2% in the past month even as operating results and earnings expectations have improved. The pullback raises a straightforward question: Has the stock reset enough to offset the risks still surrounding the business?

Coach is providing the strongest counterweight through customer acquisition, pricing and international growth. Yet Kate Spade remains unprofitable, tariffs add execution risk and TPR still trades at a premium to its sub-industry and five-year median.

TPR’s Coach Momentum Pushes Against the SelloffCoach’s fourth-quarter fiscal 2026 revenues rose 15% on a reported basis and 14% at constant currency. The brand added more than 2 million customers, while handbag average unit retail increased at a mid-teens rate. Demand was broad-based. Coach grew 10% in North America, 30% in Greater China and 25% in Europe, and management expects high-single-digit Coach revenue growth in fiscal 2027.

Tapestry’s Margins and Cash Flow Add SupportProfitability moved higher as well. Adjusted gross margin expanded 180 basis points to 78.1%, while adjusted operating margin rose 250 basis points to 19.3% in the fiscal fourth quarter.

Fiscal 2026 adjusted free cash flow increased to $1.86 billion from $1.35 billion. Tapestry returned $1.7 billion to shareholders through repurchases and dividends, preserving financial capacity alongside growth investments.

TPR Still Faces Kate Spade and Tariff RisksKate Spade remains the clearest operating drag. Fourth-quarter revenues fell 7%, and the brand posted an adjusted operating loss of $28.9 million. Fiscal 2027 guidance calls for another high-single-digit revenue decline and a modest operating loss.

Tariffs add another layer of uncertainty. Tapestry’s fiscal 2027 outlook assumes a mid-20% tariff rate on U.S. inventory receipts and a roughly neutral year-over-year profit-and-loss impact after mitigation, leaving margin expansion dependent on those offsets.

Tapestry’s Valuation Leaves Less Room for ErrorAt 15.3X forward 12-month earnings, TPR trades above its Zacks sub-industry’s 13.5X multiple and its five-year median of 10.5X. Despite the recent decline, the current multiple remains above both comparisons.

Image Source: Zacks Investment Research

Peer results show mixed operating trends. Capri Holdings Limited (CPRI - Free Report) reported fiscal first-quarter 2027 revenue down 3.5% while adjusted operating margin improved to 3.6%. Levi Strauss & Co. (LEVI - Free Report) posted second-quarter 2026 net revenues up 8% and raised its full-year revenue and earnings outlook.

TPR’s Estimates Show Underlying MomentumEarnings revisions are moving in a more constructive direction. The Zacks Consensus Estimate for fiscal 2027 earnings has risen 3% in the past four weeks and 4.4% in the past 12 weeks, while projected fiscal 2027 earnings growth stands at 12.1%.

Management expects adjusted earnings of $7.80-$7.90 per share for fiscal 2027, representing low-double-digit growth. That outlook keeps the earnings picture firmer than the stock’s recent price action.

TPR’s Mixed Rating Signals Reward PatienceThe 13.2% selloff does not by itself make TPR a clear buying opportunity. Coach, margins, cash flow and estimates are supportive, while Kate Spade and tariffs limit the margin for error.

TPR currently carries a Zacks Rank #3 (Hold), which supports a wait-and-see stance rather than an aggressive entry. The stock also has a Growth Score of A, Momentum Score of A and VGM Score of A, but a Value Score of C. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The A Growth and Momentum Scores point to favorable characteristics in those styles, while the VGM Score of A reflects strength across the combined style framework. Still, Style Scores are designed to complement the Zacks Rank, and the #3 ranking keeps patience appropriate after the pullback.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Tapestry (TPR - Free Report) Founded in 1941 and headquartered in New York, Tapestry, Inc., which was formerly known as Coach, Inc., is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company offers lifestyle products, which include handbags, women’s and men’s accessories, footwear, jewelry, seasonal apparel collections, sunwear, travel bags, fragrance and watches. The company sells through direct-to-consumer, wholesale and licensing channels. Tapestry currently operates under two core brands following portfolio rationalization — Coach and Kate Spade. In third-quarter fiscal 2026, Coach generated $1.70 billion in revenues, while Kate Spade contributed $219.6 million. 

TPR is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. TPR has a Growth Style Score of A, forecasting year-over-year earnings growth of 12.6% for the current fiscal year.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.33 to $7.94 per share. TPR boasts an average earnings surprise of +16%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, TPR should be on investors' short list.

Allworth Financial LP purchased a new position in Tapestry, Inc. (NYSE:TPR – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 15,334 shares of the luxury accessories retailer’s stock, valued at approximately $2,245,000.

Several other large investors also recently added to or reduced their stakes in TPR. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Tapestry in the 4th quarter valued at $8,109,000. Norges Bank acquired a new stake in shares of Tapestry in the fourth quarter worth $345,349,000. SEB Asset Management AB purchased a new position in shares of Tapestry during the first quarter worth $59,525,000. Keystone Investors PTE Ltd. lifted its position in Tapestry by 17.4% during the fourth quarter. Keystone Investors PTE Ltd. now owns 62,622 shares of the luxury accessories retailer’s stock valued at $8,001,000 after purchasing an additional 9,303 shares during the period. Finally, North Dakota State Investment Board acquired a new position in Tapestry during the fourth quarter valued at $2,417,000. 90.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In Several analysts recently commented on TPR shares. Wells Fargo & Company dropped their target price on Tapestry from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. Daiwa Securities Group upgraded Tapestry from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Wall Street Zen cut shares of Tapestry from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Citigroup lifted their target price on shares of Tapestry from $165.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Telsey Advisory Group boosted their target price on shares of Tapestry from $160.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Tapestry has a consensus rating of “Moderate Buy” and an average target price of $175.12.

Check Out Our Latest Report on Tapestry Tapestry Stock Performance TPR opened at $130.66 on Friday. Tapestry, Inc. has a twelve month low of $93.00 and a twelve month high of $164.80. The firm has a market capitalization of $26.05 billion, a PE ratio of 17.92, a PEG ratio of 1.64 and a beta of 1.43. The company has a current ratio of 1.75, a quick ratio of 1.25 and a debt-to-equity ratio of 3.44. The firm’s 50-day moving average price is $145.13 and its 200 day moving average price is $144.76.

Tapestry (NYSE:TPR – Get Free Report) last released its earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.04. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. The business’s revenue was up 8.9% on a year-over-year basis. During the same period last year, the company posted $1.04 EPS. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. As a group, sell-side analysts expect that Tapestry, Inc. will post 7.94 EPS for the current fiscal year.

Tapestry Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be paid a $0.4625 dividend. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.85 annualized dividend and a dividend yield of 1.4%. Tapestry’s dividend payout ratio is currently 21.95%.

Insider Activity at Tapestry In related news, CEO Todd Kahn sold 19,557 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $140.02, for a total value of $2,738,371.14. Following the completion of the transaction, the chief executive officer directly owned 123,258 shares in the company, valued at approximately $17,258,585.16. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joanne C. Crevoiserat sold 27,761 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 666,149 shares in the company, valued at approximately $88,244,758.03. This represents a 4.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.32% of the company’s stock.

About Tapestry (Free Report)

Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.

Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.

Featured Stories Five stocks we like better than Tapestry Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.

CFO and COO Scott A. Roe reported a sale of 2,646 shares of Tapestry, Inc. (TPR +0.27%) on August 19, according to an SEC Form 4 filing.

Transaction summaryMetricValueShares sold2,646Transaction value$349,000Post-transaction shares (directly held)68,939Post-transaction value$9.08 millionTransaction value based on SEC Form 4 weighted average sale price ($131.72); post-transaction value based on the August 19 market close ($131.72).

Key questionsWhat was the primary driver of this transaction?
The disposition was non-discretionary, as the shares were withheld to pay taxes arising from the vesting of restricted stock units.What is the current value of the executive's remaining equity position?
Following this transaction, Scott A. Roe directly holds 68,939 shares of Common Stock, representing an equity stake valued at $9.08 million as of the August 19 market close.How has the stock performed leading up to this filing?
The transaction occurred while Tapestry, Inc. maintained a one-year return of 35% as of August 19.Company OverviewMetricValueShare Price (as of market close 2026-08-19)$131.72Market Capitalization$26.6 billionRevenue (TTM)$8.0 billionNet Income (TTM)$1.5 billionCompany SnapshotTapestry, Inc. operates a diversified portfolio of premium lifestyle brands--Coach, Kate Spade, and Stuart Weitzman--offering luxury accessories, apparel, and home goods across women's, men's, and children's categories, with revenue primarily generated through direct-to-consumer channels and wholesale partnerships.The company employs a multi-brand, geographically diversified business model that leverages distinct brand identities and positioning to capture market share across premium and accessible luxury segments, generating profitability through product design, manufacturing, and global distribution networks.Tapestry's primary customer base comprises affluent consumers in developed markets, particularly in the United States, Japan, and Greater China, with a strategic focus on female consumers while expanding male and children's product categories to broaden the addressable market opportunity.Tapestry, Inc. represents a scaled global luxury conglomerate with $8.0 billion in TTM revenue and a market capitalization of $26.6 billion, positioning it as a significant player in the accessible-to-premium luxury goods sector. The company's competitive advantage derives from its portfolio of established, heritage brands with distinct market positioning, coupled with sophisticated omnichannel distribution capabilities and strong international presence across key growth markets. The organization's operational scale, brand equity, and demonstrated ability to drive profitability--evidenced by $1.5 billion in TTM net income--underscore its strategic positioning within the global luxury goods market.

What this transaction means for investorsThe shares withheld here for taxes on vested RSUs are basically a rounding error against Roe's total position, and the transaction itself happened the same day as the CEO's much larger sale, but there's nothing here suggesting he timed it around the stock's post-earnings drop.

Roe's title puts him closer to the numbers than almost anyone at the company, so it's worth looking at what he actually delivered last quarter. Fiscal 2026 operating margin expanded 340 basis points to 23.4%, and adjusted free cash flow came in at $1.86 billion for the year, up from $1.35 billion the year before. The company also cut its leverage ratio to 1.1x, more than a full turn below its long-term target of 2.5x. On the call, Roe described the setup heading into fiscal 2027 plainly: "We're a bigger business, we're more profitable, we're generating more cash." Ultimately, none of that changes because of 2,646 shares being sold for tax reasons.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Tapestry. The Motley Fool has a disclosure policy.

Manesh Dadlani, VP and controller of Tapestry, Inc. (TPR +0.27%), disposed of 882 shares of common stock on August 19, according to an SEC Form 4 filing.

Transaction summaryMetricValueShares sold882Transaction value$116,177Post-transaction shares (directly held)18,136Post-transaction value$2.4 millionTransaction value based on SEC Form 4 weighted average sale price ($131.72); post-transaction value based on the August 19 market close ($131.72).

Key questionsWhat was the purpose of this disposition?
The transaction was executed as a non-discretionary sell-to-cover to satisfy tax withholding requirements triggered by the vesting of equity awards.How does this affect the insider's total ownership stake?
The insider's direct holdings decreased by 5% to 18,136 shares.What is the performance context for the stock at the time of the trade?
Shares were priced at $131.72 at the time of the transaction, which occurred after the stock delivered a 35% one-year total return as of August 19.What is the remaining equity exposure for this executive?
Dadlani retains beneficial ownership of 18,136 shares, which provides continued alignment with shareholders through a $2.4 million position.Company OverviewMetricValueShare Price (as of market close 2026-08-19)$131.72Market Capitalization$26.6 billionRevenue (TTM)$8.0 billionNet Income (TTM)$1.5 billionCompany SnapshotTapestry, Inc. operates a diversified portfolio of premium lifestyle brands--Coach, Kate Spade, and Stuart Weitzman--offering luxury accessories, apparel, and home goods across women's, men's, and children's categories, with revenue generation primarily driven by direct-to-consumer channels and wholesale partnerships.The company employs a multi-brand, geographically diversified business model that leverages distinct brand identities and positioning to capture market share across premium and accessible luxury segments, generating profitability through product design, manufacturing, and global distribution networks.Tapestry's primary customer base comprises affluent consumers in developed markets, particularly in the United States, Japan, and Greater China, with a strategic focus on female consumers while expanding male and children's product categories to broaden addressable market opportunity.Tapestry, Inc. represents a scaled global luxury conglomerate with $8.0 billion in TTM revenue and a market capitalization of $26.6 billion, positioning it as a significant player in the accessible-to-premium luxury goods sector. The company's competitive advantage derives from its portfolio of established, heritage brands with distinct market positioning, coupled with sophisticated omnichannel distribution capabilities and strong international presence across key growth markets. The organization's operational scale, brand equity, and demonstrated ability to drive profitability -- evidenced by $1.5 billion in TTM net income -- underscore its strategic positioning in the global luxury goods market.

What this transaction means for investorsAmid a flurry of similar insider filings this week, Dadlani's stands out for being relatively small in scope. For long-term investors, it's certainly more worthwhile to focus on the company's results and its performance. The stock itself is up over 30% this past year despite a steep 16% drop after earnings, which seems to reflect the company's strong performance despite an uncertain macro backdrop.

A testament to that dynamic, Tapestry's fiscal 2026 results ran through a maze of adjustments this year, including the Stuart Weitzman divestiture, IEEPA tariff refunds, organizational efficiency costs, distribution network changes, and the reconciliation between GAAP and non-GAAP numbers takes real discipline to get right when there's that much noise. Full-year non-GAAP operating margin still expanded 340 basis points to 23.4% once you sort through all of it. On the call, CFO Scott Roe put a number on where that discipline shows up next year, saying "we are growing gross margin about 30 bps for the year." That's a controller's kind of confidence, precise and modest at the same time. Ultimately, Dadlani still holds 18,136 shares, and none of that changes due to a routine sell-to-cover, nor does the quality of the numbers underneath it.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool recommends Tapestry. The Motley Fool has a disclosure policy.

Abacus FCF Advisors LLC bought a new stake in Tapestry, Inc. (NYSE:TPR – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 78,397 shares of the luxury accessories retailer’s stock, valued at approximately $11,476,000. Tapestry makes up 2.1% of Abacus FCF Advisors LLC’s investment portfolio, making the stock its 19th biggest position.

Several other large investors have also modified their holdings of TPR. Johnson Financial Group Inc. acquired a new stake in Tapestry during the second quarter valued at approximately $73,000. Tocqueville Asset Management L.P. bought a new position in Tapestry during the 2nd quarter worth approximately $269,000. NewEdge Wealth LLC acquired a new position in shares of Tapestry in the 2nd quarter worth approximately $232,000. Empirical Asset Management LLC acquired a new position in shares of Tapestry in the 2nd quarter worth approximately $539,000. Finally, Great Lakes Advisors LLC bought a new stake in shares of Tapestry in the 2nd quarter valued at approximately $264,000. Institutional investors own 90.77% of the company’s stock.

Analyst Ratings Changes A number of research firms have recently issued reports on TPR. Wells Fargo & Company reduced their price target on shares of Tapestry from $165.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. Robert W. Baird increased their price target on Tapestry from $160.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Wall Street Zen downgraded Tapestry from a “buy” rating to a “hold” rating in a research note on Sunday. UBS Group increased their target price on Tapestry from $230.00 to $232.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Tapestry from $205.00 to $211.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.12.

Check Out Our Latest Report on Tapestry Tapestry Stock Performance Shares of TPR stock opened at $131.51 on Thursday. Tapestry, Inc. has a 12-month low of $93.00 and a 12-month high of $164.80. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.25. The firm has a market capitalization of $26.22 billion, a price-to-earnings ratio of 18.04, a price-to-earnings-growth ratio of 1.67 and a beta of 1.43. The business has a 50 day simple moving average of $145.78 and a 200 day simple moving average of $144.84.

Tapestry (NYSE:TPR – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.04. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. Tapestry had a return on equity of 254.95% and a net margin of 19.09%.The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $1.04 earnings per share. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. On average, equities research analysts anticipate that Tapestry, Inc. will post 7.94 EPS for the current year.

Tapestry Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be issued a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, September 4th. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. Tapestry’s dividend payout ratio is currently 21.95%.

Insider Buying and Selling at Tapestry In other news, CEO Todd Kahn sold 19,557 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $140.02, for a total transaction of $2,738,371.14. Following the completion of the transaction, the chief executive officer owned 123,258 shares in the company, valued at approximately $17,258,585.16. This trade represents a 13.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.32% of the company’s stock.

Tapestry Profile (Free Report)

Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.

Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.

See Also Five stocks we like better than Tapestry Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding TPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tapestry, Inc. (NYSE:TPR – Free Report).

Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.

18.8.2026 15:54, TRGP, HD, BIDU, META, KLAR, XOM

Index Dow Jones -0,09 % na 53411,87 b. S&P 500 -0,53 % na 7704,15 b. Nasdaq Composite -1,24 % na 26315,63 b.

Nejsledovanější americké indexy v úvodu úterního obchodování ztrácejí. V popředí poklesu jsou akcie spojené s výrobou čipů pro AI.

Společnost Meta Platforms (-3,7 %) dnes míří k soudu do ostře sledovanému střetu s koalicí státních generálních prokurátorů kvůli tvrzením, že firma záměrně navrhla Facebook a Instagram tak, aby u mladých uživatelů podporovaly kompulzivní chování a vznik závislosti.

Společnost Targa Resources (+6,2 %) oznámila, že uzavřela nové dvacetileté infrastrukturní smlouvy na bázi poplatků, které podpoří rozvoj těžebních lokalit společnosti ExxonMobil (+1,6 %) v Permské pánvi. V návaznosti na tyto dohody Targa zvýšila svůj odhad růstových kapitálových výdajů pro rok 2026 na přibližně 5,0 mld. USD.

Největší americký obchodník s domácím vybavením Home Depot (+0,1 %) zveřejnil hospodářské výsledky za druhý kvartál. Celkové tržby meziročně vzrostly o 5,7 % na 47,86 mld. USD a porovnatelné tržby se zvýšily o 1,7 %, čímž překonaly očekávání trhu.

Švédská finančně-technologická společnost Klarna (-19,6 %) zveřejnila výsledky hospodaření za 2Q 2026. Výnosy i zisk na akcii překonaly odhady trhu. Firma nicméně snížila celoroční výhled objemu transakcí i výnosů, a to kvůli kurzovým vlivům a obezřetnějšímu pohledu na německý trh, který je pro Klarnu objemově největší. Společnost zároveň oznámila odchod finančního ředitele.

Čínská technologická společnost Baidu (-8,9 %), která provozuje mimo jiné největší čínský vyhledávač či autonomní vozidla Apollo, dnes oznámila výsledky za 2Q. Výnosy klesly již pátý kvartál v řadě, přičemž byly taženy dolů online marketingovými výnosy, které meziročně poklesly o 19 %. Byznys poháněný umělou inteligencí naopak rostl meziročně o 25 % a na výnosech hlavního byznysu se podílel polovinou.

Index S&P 500 -0,53 % na 7704,15 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Zdravotní péče +1,8 % Informační technologie -1,9 % Energie +1,1 % Průmysl -0,9 % Nezbytná spotřeba +1,1 % Komunikační služby -0,7 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Targa Resources Corp (TRGP) +6,2 % Coherent Corp (COHR) -9,8 % Ulta Beauty (ULTA) +5,1 % Teradyne (TER) -8,0 % GoDaddy (GDDY) +5,0 % Marvell Technology (MRVL) -6,8 % Intuit (INTU) +4,8 % Flex (FLEX) -6,4 % Tapestry (TPR) +4,4 % Ciena Corp (CIEN) -6,3 % Zdroj: Bloomberg

Michal Bárta
Fio banka, a.s.
Prohlášení

Fielder Capital Group LLC bought a new position in shares of Tapestry, Inc. (NYSE: TPR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,306 shares of the luxury accessories retailer's stock, valued at approximately $630,000. Several other large investors

Luxury fashion stock Tapestry plunged by 16% following its FY26 results, which isn't without basis but is a significant overreaction. The company's results were exactly as it had forecast, including some softening in revenue growth and operating profit margin in Q4 FY26. It also maintained its FY27 outlook from before. The stock's forward P/E compared to past averages is elevated, but still competitive against peers, even when its financial performance is expected to stay relatively quite healthy.

At $128.39, Tapestry (NYSE:TPR | TPR Price Prediction) looks attractive for investors with a stomach for volatility.

Shares of Tapestry (TPR -16.49%), the parent of Coach and Kate Spade, were heading lower today after the company beat estimates in its fourth quarter, but gave disappointing guidance for fiscal 2027.

As a result, the stock was down 15.1% as of 12:57 p.m. ET.

Image source: Getty Images.

Tapestry sees risks ahead The handbag and accessories company delivered solid results in the fourth quarter with revenue up 9%, or 11% on a pro forma constant currency basis, which adjusts for the sale of Stuart Weitzman, to $1.88 billion, which essentially matched the consensus at $1.87 billion.

Coach, which makes up the vast majority of sales, was particularly strong with 14% constant-currency, and Tapestry delivered gross margin and operating margin expansion for both the quarter and the year. Kate Spade continued to struggle with revenue down 7%.

Geographically, China was a bright spot for the business, with constant-currency revenue up 28%, while Japan revenue continued to decline.

On the bottom line, the company reported adjusted earnings per share of $1.32, up from $1.04, which was better than the consensus of $1.28. Tapestry also raised its dividend by 16%, a sign of confidence in the business.

CEO Joanne Crevoiserat said, "Our fourth-quarter outperformance capped a year of strong growth, as we meaningfully exceeded expectations."

Today's Change

(

-16.49

%) $

-25.35

Current Price

$

128.39

What's next for Tapestry If the report had ended there, the stock might have risen, but the market was clearly disappointed with its guidance.

For fiscal 2027, the company expects revenue of $8.4 billion-$8.5 billion, representing just mid-single-digit growth, and it called for earnings per share of $7.80-$7.90, up low double digits.

Given the 2026 results, which included 17% constant currency growth and 38% adjusted EPS growth, investors are understandably disappointed. However, that forecast is likely conservative, meaning investors seem to be overreacting to the report, especially considering the 16% dividend hike.

Between that and the sell-off, Tapestry's dividend yield just jumped by 35% to nearly 1.5%.

Key Takeaways Tapestry topped Q4 earnings estimates as Coach growth and margin expansion boosted the bottom line.Coach revenues rose 15%, while Greater China, Europe and Other Asia delivered broad-based growth.Tapestry expanded margins despite tariffs and plans $1.35 billion in fiscal 2027 share repurchases.
Tapestry, Inc. (TPR - Free Report) reported fourth-quarter fiscal 2026 results, with adjusted earnings beating the Zacks Consensus Estimate while revenues met expectations. The company's bottom line benefited from robust Coach brand momentum, broad-based geographic growth, higher margins and disciplined cost management. Tapestry achieved its Investor Day revenues, operating margin and earnings targets two years ahead of schedule.

TPR posted adjusted earnings of $1.32 per share, which surpassed the Zacks Consensus Estimate of $1.26 by 4.8%. The bottom line increased 26.9% from adjusted earnings of $1.04 reported in the year-ago quarter.

Revenues of $1.88 billion matched the Zacks Consensus Estimate and increased 9% year over year. Excluding the Stuart Weitzman business, pro forma revenues increased 12% year over year on a reported basis and 11% on a constant-currency basis.

The company added more than 2.5 million new consumers globally during the quarter, with approximately 35% of new customers coming from Gen Z. Tapestry continued to benefit from strength in its core leathergoods business. Coach handbag average unit retail (“AUR”) increased at a mid-teens percentage rate during the quarter, reflecting continued pricing and product momentum.

Tapestry Leans on Coach as Kate Spade LagsCoach revenues reached $1.64 billion, met the Zacks Consensus Estimate and rose 15% year over year and 14% in constant currency. Handbag unit volumes were roughly flat, while footwear delivered high-teens growth. The brand also acquired more than 2 million new customers during the quarter.

Kate Spade sales declined 7% to $235.1 million, surpassing the consensus estimate of $232 million. The brand added more than 450,000 new customers, who transacted at higher AURs than the broader customer base. Management cited improving handbag performance and better conversion and average transaction value at lightly renovated stores.

TPR Posts Broad-Based Regional GrowthRegional performance was broad-based. North America revenues increased 7% on a constant-currency basis, while Greater China revenues increased 28%. Europe revenues advanced 19% and Other Asia increased 22%. Japan remained a weak spot, with revenues declining 4% on a constant-currency basis. Coach delivered double-digit revenue growth in every quarter of fiscal 2026, including 14% in the fiscal fourth quarter.

Direct-to-consumer revenues increased 11% on a pro forma constant-currency basis in the quarter. Digital revenues grew at a mid-single-digit rate, while store revenues increased at a mid-teens rate, highlighting continued strength across Tapestry's consumer-facing channels.

TPR Expands Margins Despite Tariff HeadwindsAdjusted gross profit increased 11% year over year to $1.47 billion. The adjusted gross margin expanded 180 basis points to 78.1%, supported by roughly 170 basis points of operational improvement and a 60-basis-point benefit from the Stuart Weitzman divestiture. Tariffs and duties created a 60-basis-point headwind.

Adjusted operating income increased 25% year over year to $362 million. Meanwhile, the adjusted operating margin expanded 250 basis points to 19.3%.

Adjusted SG&A expenses totaled $1.05 billion. As a percentage of sales, adjusted SG&A expenses leveraged 80 basis points year over year. The quarter included a 130-basis-point increase in marketing investment.

TPR’s Fiscal Q4 Store UpdateAs of the end of the fiscal fourth quarter, the company operated 336 Coach stores and 178 Kate Spade stores in North America. Internationally, the store count stood at 637 for Coach and 148 for Kate Spade stores.

Tapestry Converts Profit to Cash & Returns CapitalCash generation strengthened, supported by higher profitability and working-capital discipline. The operating cash flow was $522.2 million in the fiscal fourth quarter. The adjusted free cash flow totaled $492.6 million in the quarter, while capital expenditures amounted to $53.2 million.

At fiscal year-end, cash, cash equivalents and short-term investments totaled $1.15 billion, compared with total borrowings of $2.38 billion. Inventory ended fiscal 2026 at $826.2 million compared with $860.7 million a year earlier. Tapestry's gross-debt-to-adjusted-EBITDA leverage ratio was 1.1X, reflecting its balance-sheet position following a year of stronger earnings and cash generation.

Tapestry returned $1.7 billion to its shareholders during fiscal 2026 through dividends and share repurchases. The company paid $326 million in dividends and repurchased $1.35 billion of common stock, buying back about 11.5 million shares at an average price of approximately $118.

The board approved a 16% dividend increase, lifting the quarterly payout to 46.25 cents per share and the anticipated annual rate to $1.85. TPR expects to repurchase another $1.35 billion of common stock in fiscal 2027.

TPR’s Q1 Fiscal 2027 OutlookFor the first quarter of fiscal 2027, Tapestry expects revenues to grow at a high-single-digit rate on both a nominal and constant-currency basis compared with the prior-year pro forma revenues. Foreign currency is expected to provide a 30-basis-point tailwind to revenue growth. By brand, Coach revenues are expected to increase at a low-teens rate, while Kate Spade revenues are projected to decline at a low-double-digit rate.

Gross margin is expected to expand approximately 120 basis points, while operating margin is expected to remain in line with the prior-year period. SG&A expense deleverage is expected to be entirely attributable to increased marketing investments. Adjusted EPS is expected to be approximately $1.55, representing a low-teens increase compared with the prior year.

TPR’s Fiscal 2027 Financial OutlookFor fiscal 2027, Tapestry expects revenues to be in the range of $8.4-$8.5 billion, representing mid-single-digit growth on a nominal and constant-currency basis. Foreign currency is expected to provide a 40-basis-point tailwind to revenue growth.

By brand, Coach revenues are expected to grow at a high-single-digit rate, while Kate Spade revenues are projected to decline at a high-single-digit rate. Gross margin is expected to increase approximately 30 basis points, while SG&A is projected to provide approximately 20 basis points of leverage. As a result, operating margin is expected to expand 50 basis points. At the brand level, Coach is expected to maintain an operating margin of nearly 36%, while Kate Spade is projected to report a modest operating loss.

Tapestry expects adjusted EPS of $7.80-$7.90, representing low-double-digit growth compared with the prior year. Adjusted free cash flow is expected to approach $1.7 billion, with CapEx and cloud computing costs in the area of $300 million, or approximately 3% to 4% of revenues.

The outlook excludes the impact of the 53rd week, which is expected to contribute an additional percentage point to annual revenue growth while having a neutral impact on operating margin for the full fiscal year. It embeds a mid-20% tariff rate on U.S. inventory receipts, resulting in a neutral net impact from tariffs year over year. Tapestry assumes no material worsening of inflationary pressures or consumer confidence. The fiscal 2027 outlook remains consistent with the company’s long-term commitment to deliver mid-single-digit revenue growth and low-double-digit EPS growth.

TPR Stock Past Three-Month Performance

Image Source: Zacks Investment Research

Shares of the company have gained 18.3% over the past three months compared with the industry’s 8.6% growth.

Zacks Rank & Key PicksThe company currently has a Zacks Rank of 3 (Hold).

FIGS, Inc. (FIGS - Free Report) is an apparel company focused on the healthcare industry. Its offerings include lab coats, jackets, footwear, bags, socks and other accessories used by healthcare professionals. The company carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for FIGS’ current financial-year earnings and sales indicates growth of 57.9% and 18.2%, respectively, from the year-ago actuals. FIGS delivered a trailing four-quarter average earnings surprise of 201.8%.

Boot Barn Holdings, Inc. (BOOT - Free Report) is the largest lifestyle retailer in the United States, specializing in western and work-related footwear, apparel and accessories. The company also holds a Zacks Rank #2 at present.

The Zacks Consensus Estimate for Boot Barn’s current fiscal-year earnings and sales implies growth of 22.6% and 15.7%, respectively, from the year-ago actuals. BOOT delivered a trailing four-quarter average earnings surprise of 11.4%.

The Gap, Inc. (GAP - Free Report) is a premier international specialty retailer offering a diverse range of clothing, accessories and personal care products. It carries a Zacks Rank #2.

The Zacks Consensus Estimate for Gap’s current fiscal-year earnings and sales indicates growth of 9.9% and 1.1%, respectively, from the year-ago actuals. GAP delivered a trailing four-quarter average earnings surprise of 2%.

13.8.2026 19:00

Americké akcie jsou povzbuzeny daty z PPI, které snižují sázky na zvýšení úrokových sazeb. Výnosy státních dluhopisů v reakci na to klesly a kapitál se přelévá z bezpečnějších aktiv do růstových. Těží z toho především technologický sektor a sektor zdravotní péče (AbbVie +0,74 %). Daří se ale také utilitám (NextEra +0,45 %) a spotřebitelskému sektoru (Coca-Cola +0,93 %). Naopak se přízni netěší finanční sektor (Bank of America -1,15 %). Nutno k tomu podotknout, že příliv kapitálu opět do technologií je podpořen i předchozími robustními výnosy společností spojených s umělou inteligencí.

Strašákem stále ale zůstává vývoj v Hormuzském průlivu, přičemž pozitivní vyjádření z americké strany střídají vlažná vyjádření ze strany Íránského vedení. Počet proplutých tankerů se postupně snižuje a spolu s tím roste i cena ropy. Dnes je ovšem tento růst přerušen a ropa WTI odepisuje -1,57 %. I toto dnes podporuje růst akcií.

Z růstu technologií jako již obvykle dominuje čipový sekto vedený Sandiskem (+15,9 %) či Super Micro Computer (+7,17 %). Sandisk nastínil růst tržeb do roku 2030. Oproti tomu se nedaří SpaceX (-3,85 %), která konsoliduje po růstu z předchozích dní. Prozatím se ale akcie drží v krátkodobém růstovém kanálu.

Akcie společnosti Cisco Systems klesají o výrazných -8,77 %, ačkoliv kvartální výsledky byly robustní. Analytici uvedli, že laťka očekávání od zisků z AI byla příliš vysoko a predikce je „pouze“ v souladu s očekáváním. Spolu s tím jsme svědky nižších hrubých marží, což investoři poslední dobou zaceňují velice přísně.

Poskytovatel filmů a seriálů Netflix dnes přidává +4,14 %. Je to díky zprávě do významného hedgového fondu Billa Ackrmana, který vytvořil novou pozici ve výši 3,15 mil. akcií. Fond konstatuje, že Netflix fakticky vyhrál streamovací válku a předpokládá dvouciferný růst tržeb.

  Index Dow Jones -0,07 % na 53730,95 b.
S&P 500 +0,56 % na 7791,7 b.
Nasdaq Composite +0,71 % na 26776,72 b.

Index S&P 500 +0,56 % na 7791,7 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Reality +1,2 % Základní materiály -0,6 % Komunikační služby +1,2 % Energie -0,2 % Informační technologie +1 % Průmysl -0,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +15 % Tapestry (TPR) -15 % Western Digital Corp (WDC) +8,7 % Cisco Systems (CSCO) -9,0 % Micron Technology (MU) +6,5 % Coherent Corp (COHR) -4,9 % Super Micro Computer (SMCI) +6,4 % Newmont Corp (NEM) -3,3 % Ciena Corp (CIEN) +5,2 % Ulta Beauty (ULTA) -3,1 %
Jan Pazourek, Fio banka, a.s.

13.8.2026 16:25, CSCO, SMCI, CBRS

Index Dow Jones +0,48 % na 54030,82 b., S&P 500 +0,81 % na 7811,27 b., Nasdaq Composite +0,96 % na 26843,3 b.

Americké akcie otevírají předposlední obchodní seanci týdne pozitivně naladěny, když všechny hlavní indexy posilují. Sentiment trhu podpořila slabší než očekávaná inflační data z USA, která podle Bloombergu posílila očekávání, že Fed v září sazby nezvýší. Stále ještě probíhá výsledková sezóna.

Investoři očekávali například výsledky za 4Q fiskálního roku 2026 výrobce síťových zařízení Cisco Systems (-7,1 %). Tržby i očištěný zisk na akcii překonaly odhady analytiků. Společnost zároveň představila výhled na fiskální rok 2027 nad konsensem trhu. Investory však zklamal výhled tržeb spojených s AI datovými centry, který podle analytika UBS vyznívá „velmi, velmi konzervativně“.

Dále reportovala Cerebras Systems (-10,1 %), která navrhuje obrovské čipy a staví specializované systémy pro trénování a provoz rozsáhlých modelů umělé inteligence. Očištěné tržby i celoroční výhled ve 2Q překonaly konsensus analytiků, tahounem byl cloudový byznys, jehož tržby se meziročně téměř zčtyřnásobily. Investorům ale zřejmě nestačil výhled vzhledem k vysokému ocenění.

Anthropic podle lidí obeznámených se situací jedná o převzetí startupu Decart AI za přibližně 6 mld. USD.

Dále se daří akciím výrobci serverů Super Micro Computer (+9,5 %), které rostly již včera (+19 %) poté, co společnost v úterý po trhu zveřejnila kvartální výsledky.

Index S&P 500 +0,81 % na 7811,27 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Komunikační služby +1,5 % Energie -0,7 % Reality +1,3 % Průmysl -0,2 % Informační technologie +1,2 % Základní materiály -0,2 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Super Micro Computer (SMCI) +9,5 % Tapestry (TPR) -16 % Western Digital Corp (WDC) +5,6 % Cisco Systems (CSCO) -7,1 % Robinhood Markets (HOOD) +5,2 % Newmont Corp (NEM) -2,3 % Marvell Technology (MRVL) +4,9 % Ralph Lauren Corp (RL) -2,1 % Hewlett Packard Enterprise (HPE) +4,8 % Baker Hughes (BKR) -2,0 %
Zdroj: Bloomberg

Marek Krejčiřík
Fio banka, a.s.
Prohlášení

Tapestry on Thursday issued an upbeat annual earnings forecast after beating Wall Street estimates for quarterly profit, helped by resilient ​demand from affluent and young shoppers for its Coach handbags.

Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year.

12.8.2026 16:12, LITE

Index Dow Jones -0,06 % na 53757,51 b. S&P 500 +0,25 % na 7747,61 b. Nasdaq Composite +0,64 % na 26614,82 b.

Nejsledovanější americké indexy v úvodu středečního obchodování posilují. Agentura Bloomberg poznamenala, že jádrová inflace v USA byla v červenci utlumená, což pravděpodobně zmírní tlak na americký Fed, aby zvyšoval úrokové sazby. Index spotřebitelských cen po očištění o často volatilní ceny potravin a energií vzrostl meziměsíčně o 0,2 %. V meziročním vyjádření se zvýšil o 2,5 %, což odpovídá nejpomalejšímu tempu od března 2021. Celkové spotřebitelské ceny vzrostly oproti předchozímu měsíci o 0,1 % a meziročně o 3,4 %.

Inflační data tak podle Bloombergu přinášejí částečnou úlevu obchodníkům na Wall Street, kteří se obávají přetrvávajících geopolitických rizik, zatímco index S&P 500 se drží poblíž historických maxim. Náladě pomáhá také růst technologických společností spojených s rozmachem umělé inteligence. V popředí dnešního růstu jsou akcie společností poskytujících AI cloudovou infrastrukturu CoreWeave (+19 %) a Nebius Group (+21 %). Daří se však také akciím dodavatele optických technologií pro datová centra Lumentum Holdings (+7 %) či výrobci serverů Super Micro Computer (+13 %) po reportu výsledků hospodaření. Své výsledky zveřejnil také čínský gigant Tencent (-4 %) či kanadský softwarový holding Constellation Software (-5 %).

Společnost Lumentum Holdings zaznamenala ve 4Q FY 2026 tržby ve výši 1,01 mld. USD, což bylo více než dvojnásobek loňské hodnoty 480,7 mil. USD a nad odhady trhu 990 mil. USD. Očištěný zisk na akcii činil 3,23 USD při konsensus 2,97 USD. Trh také pozitivně hodnotí výhled pro 1Q FY 2027, ve kterém společnost očekává tržby v rozmezí 1,23 až 1,28 mld. USD oproti odhadu 1,15 mld. USD a očištěný zisk na akcii v rozmezí 4,05 až 4,35 USD je též nad odhady 3,58 USD. Analytici z Vital Knowledge poznamenali, že čísla i výhled jsou velmi dobré, ale očekávání už byla poměrně vysoká.

Index S&P 500 +0,25 % na 7747,61 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Informační technologie +1,2 % Zbytná spotřeba -1 % Reality +0,5 % Základní materiály -0,7 % Utility +0,5 % Komunikační služby -0,7 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Super Micro Computer (SMCI) +13 % Builders FirstSource (BLDR) -4,5 % Ciena Corp (CIEN) +9,9 % Charter Communications (CHTR) -4,2 % Sandisk Corp (SNDK) +7,8 % ServiceNow (NOW) -3,8 % Seagate Technology Holdings (STX) +7,5 % Tapestry (TPR) -3,7 % Lumentum Holdings (LITE) +7,0 % Zoetis (ZTS) -3,7 % Zdroj: Bloomberg

Michal Bárta
Fio banka, a.s.
Prohlášení

Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what are today's hottest industries.

The service also includes the Focus List, which is a long-term portfolio of top stocks that boast a winning, market-beating combination of growth and momentum qualities.

Breaking Down the Zacks Focus ListIf you could, wouldn't you jump at the chance for access to a curated list of stocks to kickstart your investing journey?

Enter the Zacks Focus List. It's a portfolio made up of 50 stocks that are set to beat the market over the next 12 months; each company selected serves as a foundation for long-term investors looking to create an individual portfolio.

One thing that makes the Focus List even more advantageous is that each pick comes with a full Zacks Analyst Report. This helps explain why each stock was selected and why we believe it's a good pick for the long-term.

The portfolio's past performance only solidifies why investors should consider it as a starting point. For 2020, the Focus List gained 13.85% on an annualized basis compared to the S&P 500's return of 9.38%. Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021.

Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Brokerage analysts are in charge of determining a company's growth and profitability expectations, or earnings estimates. These analysts work together with company management to evaluate all factors that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

Earnings estimate revisions are very important, since investors also need to take into consideration what a company will earn in the future.

When a stock receives upward earnings estimate revisions, it will likely get even more positive changes in the future. For instance, if an analyst raised their earnings outlook last month, they'll probably do so again this month, and other analysts will follow.

Utilizing the power of earnings estimate revisions is when the Zacks Rank joins the party. A unique, proprietary stock-rating model, the Zacks Rank uses changes to quarterly earnings expectations to help investors create a winning portfolio.

There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Each one of these features is then given a raw score that's recalculated every night and compiled into the Rank. Using this data, stocks are classified into five groups, ranging from "Strong Buy" to "Strong Sell."

The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding Focus List stocks, there's a great chance you'll be getting into companies whose future earnings estimates will be raised, which can lead to price momentum.

Focus List Spotlight: Tapestry (TPR - Free Report) Founded in 1941 and headquartered in New York, Tapestry, Inc., which was formerly known as Coach, Inc., is the designer and marketer of fine accessories and gifts for women and men in the United States and internationally. The company offers lifestyle products, which include handbags, women’s and men’s accessories, footwear, jewelry, seasonal apparel collections, sunwear, travel bags, fragrance and watches. The company sells through direct-to-consumer, wholesale and licensing channels. Tapestry currently operates under two core brands following portfolio rationalization — Coach and Kate Spade. In third-quarter fiscal 2026, Coach generated $1.70 billion in revenues, while Kate Spade contributed $219.6 million. 

On July 8, 2026, TPR was added to the Focus List at $146.3 per share. Shares have increased 10.98% to $162.36 since then, and the company is a #3 (Hold) on the Zacks Rank.

For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $6.98. TPR boasts an average earnings surprise of 15.6%.

Moreover, analysts are expecting TPR's earnings to grow 36.9% for the current fiscal year.

Reveal Winning StocksUnlock all of our powerful research, tools and analysis, including the Zacks #1 Rank List, Equity Research Reports, Zacks Earnings ESP Filter, Premium Screener and more, as part of Zacks Premium. You'll quickly identify which stocks to buy, hold and sell, and target today's hottest industries, to help improve the performance of your portfolio. Gain full access now >>

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), the global house of iconic brands consisting of Coach and Kate Spade New York, hosted its second annual Future Now AI Summit at its global headquarters, bringing together teams to share what they are building, testing, and learning as they put AI to work across the business. Live at Future Now AI Summit More than 20 cross-functional teams demonstrated early-stage and in-market work, including: Consumer Insights Lab: AI-powered research capa.

The market expects Tapestry (TPR - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 13. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis maker of high-end shoes and handbags is expected to post quarterly earnings of $1.25 per share in its upcoming report, which represents a year-over-year change of +20.2%.

Revenues are expected to be $1.87 billion, up 8.6% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Tapestry?For Tapestry, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.14%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination indicates that Tapestry will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Tapestry would post earnings of $1.31 per share when it actually produced earnings of $1.66, delivering a surprise of +26.72%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Tapestry appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerAnother stock from the Zacks Retail - Apparel and Shoes industry, On Holding (ONON - Free Report) , is soon expected to post earnings of $0.43 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +490.9%. Revenues for the quarter are expected to be $1.11 billion, up 22.6% from the year-ago quarter.

The consensus EPS estimate for On Holding has been revised 1.4% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -6.43%.

This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that On Holding will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

1.18K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TPR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Key Takeaways Tapestry's Coach brand posted 29% constant-currency revenue growth in fiscal Q3 2026, led by key regions.Coach added 2 million new customers as handbag volumes, pricing and Gen Z demand stayed strong.TPR expects about $7.95 billion revenues, a 23% operating margin and around $6.95 EPS in fiscal 2026. Tapestry, Inc. (TPR - Free Report) is strengthening its competitive position as robust global momentum behind its Coach brand continues to drive market share gains across key regions. In the fiscal third quarter of 2026, Coach delivered constant-currency revenue growth of 29%, fueled by strong demand across North America, Greater China and Europe. The brand's consistent execution, combined with Tapestry's consumer-led Amplify strategy, enabled the company to outperform the broader luxury market while raising its fiscal 2026 outlook.

Coach's growth is being supported by strong customer acquisition and sustained demand for its core leather goods business. During the quarter, the brand welcomed 2 million new customers, with Gen Z acquisition accelerating meaningfully. Handbag unit volumes increased more than 20%, while average unit retail advanced at a low double-digit rate, reflecting healthy pricing power and solid consumer demand. Signature franchises such as Tabby, Brooklyn, Empire and Chelsea continued to resonate globally, reinforcing Coach's leadership in the accessible luxury market.

The brand's global expansion strategy is translating into meaningful market share gains. Coach recorded constant-currency sales growth of 27% in North America, 58% in Greater China and 27% in Europe, significantly outperforming industry trends. Tapestry's direct-to-consumer model, supported by digital capabilities and data-driven consumer insights, helped deliver approximately 25% digital sales growth and more than 20% growth in brick-and-mortar stores, strengthening customer engagement and profitability across channels.

Marketing investments continue to enhance Coach's global brand appeal. Tapestry increased marketing spending by roughly 50% year over year, focusing on top-of-funnel brand building, Gen Z engagement and localized campaigns. Initiatives such as the "Explore Your Story" campaign, collaborations in China and immersive Coach Play stores further strengthened brand relevance, increased consumer traffic and supported new customer acquisition across key markets.

With less than a 1% share of its global addressable market, management reiterated its confidence that Coach has a significant runway for expansion and remains on track to become a $10 billion brand with best-in-class margins over time.

Management expects Coach revenues to grow more than 20% in fiscal 2026, reflecting continued strength across key markets, product categories and customer segments. It expects revenues of about $7.95 billion, an operating margin of approximately 23% and earnings per share of around $6.95. Supported by ongoing product innovation, expanding digital capabilities, strong Gen Z customer acquisition and disciplined brand investments, Coach remains well-positioned to drive Tapestry's long-term market share gains.

TPR’s Price Performance, Valuation & EstimatesShares of Tapestry have risen 41.2% over the past year compared with the industry’s 3.5% growth.

Image Source: Zacks Investment Research

From a valuation standpoint, TPR trades at a forward price-to-earnings ratio of 19.38X, up from the industry’s average of 14.51X. It has a Value Score of A.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Tapestry’s fiscal 2027 earnings implies year-over-year growth of 36.7%, whereas the same for fiscal 2028 indicates an uptick of 10.6%. Earnings estimates for fiscal 2027 and 2028 have been increased by 1 cent and 2 cents, respectively, in the past seven days.

Image Source: Zacks Investment Research

TPR’s Zacks Rank & Key PicksTapestry  currently carries a Zacks Rank #3 (Hold).

Genesco Inc. (GCO - Free Report) is a Nashville-based specialty retailer and branded company. It sells footwear and accessories through retail stores. The company flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Genesco’s current fiscal-year earnings indicates growth of 55.2% from the year-ago actuals. GCO delivered a trailing four-quarter average earnings surprise of 3.8%.

Canada Goose (GOOS - Free Report) is a global outerwear brand. Canada Goose is a designer, manufacturer, distributor and retailer of premium outerwear for men, women and children. The company also holds a Zacks Rank #1 at present.

The Zacks Consensus Estimate for Canada Goose’s current fiscal-year earnings and sales indicates growth of 58.9% and 3.7%, respectively, from the year-ago actuals. GOOS delivered a trailing four-quarter average negative earnings surprise of 43.3%.

Designer Brands Inc. (DBI - Free Report) designs, produces and retails footwear and accessories. It offers shoes, boots, sandals, sneakers, socks, handbags and accessories. It currently carries a Zacks Rank #2 (Buy).

The Zacks Consensus Estimate for Designer Brands’ current fiscal-year earnings and sales suggests growth of 137.5% and 0.5%, respectively, from the year-ago actuals. DBI delivered a trailing four-quarter average earnings surprise of 112.8%.