Tapestry (TPR) Projected to Post Earnings on Thursday

Tapestry (NYSE:TPRGet Free Report) is expected to be issuing its Q2 2026 results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $2.16 per share and revenue of $2.2892 billion for the quarter. Tapestry has set its FY 2026 guidance at 5.450-5.600 EPS. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 8:00 AM ET.

Tapestry (NYSE:TPRGet Free Report) last announced its earnings results on Thursday, November 6th. The luxury accessories retailer reported $1.38 EPS for the quarter, beating the consensus estimate of $1.25 by $0.13. The business had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.63 billion. Tapestry had a return on equity of 116.42% and a net margin of 3.77%.Tapestry’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.84 earnings per share. On average, analysts expect Tapestry to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Tapestry Trading Down 1.3%

Shares of TPR opened at $125.94 on Thursday. The business’s 50-day moving average price is $123.72 and its 200 day moving average price is $113.47. The stock has a market capitalization of $25.77 billion, a P/E ratio of 112.44, a P/E/G ratio of 2.19 and a beta of 1.63. Tapestry has a 1-year low of $58.39 and a 1-year high of $136.04. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 5.95.

Tapestry declared that its board has authorized a stock repurchase program on Thursday, November 6th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the luxury accessories retailer to purchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Tapestry Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, December 5th. Tapestry’s dividend payout ratio (DPR) is presently 142.86%.

Insider Activity at Tapestry

In other news, CFO Scott A. Roe sold 18,794 shares of Tapestry stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $104.85, for a total transaction of $1,970,550.90. Following the completion of the sale, the chief financial officer directly owned 148,149 shares in the company, valued at $15,533,422.65. The trade was a 11.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David E. Howard sold 25,029 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $102.50, for a total value of $2,565,472.50. Following the completion of the transaction, the insider owned 55,354 shares in the company, valued at $5,673,785. This represents a 31.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 115,485 shares of company stock worth $12,034,058. 1.32% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Tapestry

Institutional investors and hedge funds have recently modified their holdings of the business. Sivia Capital Partners LLC acquired a new position in Tapestry in the 2nd quarter valued at $602,000. Hilltop Holdings Inc. acquired a new stake in shares of Tapestry in the third quarter valued at about $266,000. FORA Capital LLC bought a new position in shares of Tapestry in the third quarter worth about $212,000. CreativeOne Wealth LLC acquired a new position in shares of Tapestry during the 3rd quarter worth about $205,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Tapestry during the 2nd quarter valued at approximately $265,000. Institutional investors and hedge funds own 90.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TPR shares. Robert W. Baird set a $140.00 price objective on shares of Tapestry in a research note on Wednesday, December 17th. Evercore ISI raised their target price on Tapestry from $125.00 to $129.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. The Goldman Sachs Group upped their price target on Tapestry from $116.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. raised their price objective on Tapestry from $147.00 to $148.00 and gave the stock an “overweight” rating in a research report on Monday, November 17th. Finally, Citigroup upped their target price on Tapestry from $124.00 to $152.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $129.11.

Get Our Latest Stock Analysis on Tapestry

About Tapestry

(Get 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

Earnings History for Tapestry (NYSE:TPR)

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