Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates through three segments: Coach, Kate Spade, and Stuart Weitzman. The company offers women's accessories, including handbags, such as wallets, money pieces, wristlets, and cosmetic cases; novelty accessories comprising address books, time management and travel accessories, sketchbooks, and portfolios; and key rings and charms. It also provides bag collections, including business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods, such as wallets, card cases, travel organizers, and belts; and footwear, watches, sunglasses, novelty accessories, and ready-to-wear for men. In addition, the company offers women's footwear; sunglasses; bracelets, necklaces, rings, and earrings; fragrances and watches; women's seasonal lifestyle apparel collections that include outerwear and ready-to-wear, and cold weather accessories, which comprise gloves, scarves, and hats. Further, it provides footwear items; and housewares and home accessories for kids, such as fashion bedding and tableware; and stationery and gifts. Additionally, the company licenses rights to market and distribute its jewelry, eyewear, watches, fragrances, and tech accessories under the Coach brand; and fashion beddings, tableware and housewares, eyewear, watches, stationery and gifts, and tech accessories under the Kate Spade brand. As of July 3, 2021, it operated through a network of 939 Coach stores, 407 Kate Spade stores, and 104 Stuart Weitzman stores. The company sells its products through e-commerce sites and concession shop-in-shops, and wholesale customers, as well as through independent third-party distributors. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is based in New York, New York.
IPO Year:
Exchange: NYSE
Website: tapestry.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/12/2025 | $100.00 | Hold → Buy | TD Cowen |
5/8/2025 | $90.00 | Equal-Weight → Overweight | Morgan Stanley |
2/18/2025 | $110.00 | Neutral → Buy | Redburn Atlantic |
1/21/2025 | $65.00 | Equal-Weight | Morgan Stanley |
1/8/2025 | $57.00 → $87.00 | Equal Weight → Overweight | Barclays |
12/19/2024 | $50.00 → $80.00 | Hold → Buy | Jefferies |
11/20/2024 | $57.00 | Equal Weight | Barclays |
11/15/2024 | $58.00 → $67.00 | Outperform | Telsey Advisory Group |
10/29/2024 | $52.00 | Buy → Hold | TD Cowen |
3/6/2024 | $49.00 → $54.00 | Outperform | Telsey Advisory Group |
Achieved Record Third Quarter Revenue and EPS with Growth Exceeding Expectations Delivered Revenue of $1.6 Billion, an Increase of 7% Versus Prior Year (+8% Constant Currency) Fueled by Coach Brand Growth of 13% (+15% Constant Currency) Drove 140 Basis Points of Gross Margin Expansion Versus Prior Year Achieved GAAP Diluted EPS of $0.95, up 60% Versus Prior Year, and non-GAAP Diluted EPS of $1.03, an Increase of 27% Versus Prior Year Remain On Track to Return Over $2 Billion to Shareholders in Fiscal Year 2025 Raised Fiscal Year 2025 Revenue, Earnings, and Cash Flow Outlook Link to Download Tapestry's Q3 Earnings Presentation, Including Brand Highlights Tapestry, Inc. (NYSE:TPR
On Thursday, May 8, 2025 at 8:00 a.m. (ET), Tapestry, Inc. (NYSE:TPR) will hold a conference call to discuss the Company's fiscal 2025 third quarter results which will be reported via press release earlier that morning. To listen to this Tapestry conference call, please dial 1-866-847-4217 or 1-203-518-9845 and provide the Conference ID 9290746. To listen to the audio webcast, please visit www.tapestry.com/investors. A telephone replay will be available for five business days beginning at 12:00 noon (ET) on May 8th. To access the telephone replay, please call 1-800-283-4641 or 1-402-220-0851. About Tapestry, Inc. Our global house of brands unites the magic of Coach, kate spade new york an
Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands, today announced that it entered into a definitive agreement to sell the Stuart Weitzman brand to Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, for $105 million in cash, subject to customary adjustments. "Stuart Weitzman is an iconic global footwear brand, whose teams have added to the passion, creativity, and craftsmanship of our organization over the last decade," said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc. "Importantly, as diligent stewards of our portfolio and disciplined allocators of capital, this transaction ensures that all our brands are positio
Advances Caleres' Strategic Objectives in Brand Portfolio Segment Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it has signed a definitive agreement to acquire Stuart Weitzman from Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands, for $105 million, subject to customary adjustments. The acquisition cements Caleres' leadership position in women's fashion footwear, particularly in the contemporary segment of the market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250219641073/en/(Photo: Business Wire) "I have long admired Stuart Weitzman for the br
Delivered Record Second Quarter Revenue of $2.2 Billion, Exceeding Expectations, and Representing a 5% Increase Compared to the Prior Year Fueled by 10% Growth at Coach Drove 280 Basis Points of Gross Margin Expansion Versus Prior Year Achieved Diluted EPS of $1.38 on a Reported Basis and Record non-GAAP Diluted EPS of $2.00, Growing Ahead of the Company's Outlook Remain On Track to Return Over $2 Billion to Shareholders in Fiscal Year 2025 Raised Fiscal Year 2025 Revenue, Operating Margin, EPS, and Free Cash Flow Outlook Link to Download Tapestry's Q2 Earnings Presentation, Including Brand Highlights Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle b
On Thursday, February 6, 2025 at 8:00 a.m. (ET), Tapestry, Inc. (NYSE:TPR) will hold a conference call to discuss the Company's fiscal 2025 second quarter results which will be reported via press release earlier that morning. To listen to this Tapestry conference call, please dial 1-866-847-4217 or 1-203-518-9845 and provide the Conference ID 2684017. To listen to the audio webcast, please visit www.tapestry.com/investors. A telephone replay will be available for five business days beginning at 12:00 noon (ET) on February 6th. To access the telephone replay, please call 1-800-283-4641 or +1-402-220-0851. About Tapestry, Inc. Our global house of brands unites the magic of Coach, kate s
LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Coach, the "Original American House of Leather," and Gen Phoenix, a global leading sustainable manufacturer of recycled leather fiber material at scale, are taking the stage together at CES 2025 to share how their transformative partnership is changing the standard for sustainability in fashion – and unveil what's next in their industry-leading journey. Coach CEO and Brand President, Todd Kahn, and Gen Phoenix CMO and General Manager of Consumer, Elyse Winer, invite CES attendees to join them on Thursday, January 9th at 3:00PM PST for th
Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today released its Fiscal Year 2024 (FY2024) Corporate Responsibility (CR) report. The report details the company's progress and achievements in sustainability, social impact and community building over the past year. The company's framework, The Fabric of Change, encapsulates its vision for a better-made future. "We believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands," said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc. "I am
Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, announced the closing of the offering of its $750.0 million aggregate principal amount of 5.100% senior unsecured notes due 2030 and its $750.0 million aggregate principal amount of 5.500% senior unsecured notes due 2035. The Company intends to use the net proceeds from this offering, together with cash on hand, to repay outstanding loans under its term loan credit agreement and to repay borrowings under its revolving credit facility, which were used to fund the share repurchases under the Company's accelerated share repurchase agreements, and for general cor
Tapestry, Inc. (NYSE:TPR) a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, announced the pricing of its offering of $750.0 million aggregate principal amount of 5.100% senior unsecured notes due 2030 and $750.0 million aggregate principal amount of 5.500% senior unsecured notes due 2035. The offering is expected to close, subject to normal closing conditions, on December 11, 2024. The Company intends to use the net proceeds from this offering, together with cash on hand, to repay outstanding loans under its term loan credit agreement and to repay borrowings under its revolving credit facility, which were used to fund the share repurc