Tapestry is rated Buy after a sharp post-earnings sell-off, with Coach driving high-margin growth and international expansion offsetting Kate Spade's weakness. Coach's pricing power, customer acquisition—especially Gen Z—and operational leverage underpin double-digit EPS growth and robust free cash flow guidance for FY27. International markets, particularly Greater China and Europe, are expected to deliver mid-teen growth, mitigating North America's slower pace and supporting consolidated revenue targets.
Tapestry sees Coach sustaining fiscal 2027 growth through AUR, unit gains and international expansion despite a more measured second-half cadence.
At $128.39, Tapestry (NYSE:TPR | TPR Price Prediction) looks attractive for investors with a stomach for volatility.
Tapestry NYSE: TPR said fiscal 2026 revenue rose 17% on a pro forma constant-currency basis to a record $8 billion, while operating margin expanded 340 basis points to more than 23% and earnings per share increased 38% to $7.05. Chief Executive Officer Joanne Crevoiserat said the company reached the revenue, operating-margin and EPS commitments established at its investor day two years ahead of schedule.
TPR surpasses Q4 earnings estimates as Coach drives growth, margins expand and cash generation strengthens despite tariff headwinds.
Tapestry, Inc. (TPR) Q4 2026 Earnings Call Transcript
Although the revenue and EPS for Tapestry (TPR) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tapestry (TPR) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.04 per share a year ago.
Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year.
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Economic news this week will include data on consumer and producer prices, existing-home sales, and small-business optimism. As earnings season winds down, we'll see results from Simon Property, Applied Materials, Cava, and more.
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