Tapestry (TPR) to Release Earnings on Thursday

Tapestry (NYSE:TPRGet Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, May 7th. Analysts expect Tapestry to post earnings of $1.26 per share and revenue of $1.7808 billion for the quarter. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. Investors can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:00 AM ET.

Tapestry (NYSE:TPRGet Free Report) last announced its earnings results on Thursday, February 5th. The luxury accessories retailer reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.49. Tapestry had a return on equity of 157.98% and a net margin of 6.95%.The company had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the previous year, the company earned $2.00 earnings per share. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. On average, analysts expect Tapestry to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Tapestry Stock Up 1.2%

Shares of TPR stock traded up $1.61 during trading on Tuesday, reaching $141.35. The company’s stock had a trading volume of 1,449,855 shares, compared to its average volume of 2,102,633. The company has a market capitalization of $28.62 billion, a price-to-earnings ratio of 58.41, a P/E/G ratio of 1.71 and a beta of 1.46. Tapestry has a 1-year low of $71.99 and a 1-year high of $161.97. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.63 and a quick ratio of 1.10. The stock’s 50-day moving average price is $147.31 and its 200 day moving average price is $131.75.

Tapestry Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 6th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 1.1%. Tapestry’s dividend payout ratio is 66.12%.

Insider Activity at Tapestry

In related news, CEO Joanne C. Crevoiserat sold 48,795 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $154.87, for a total value of $7,556,881.65. Following the completion of the sale, the chief executive officer owned 671,193 shares in the company, valued at $103,947,659.91. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Manesh Dadlani sold 2,147 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $153.47, for a total transaction of $329,500.09. Following the transaction, the vice president owned 18,475 shares in the company, valued at $2,835,358.25. The trade was a 10.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 164,956 shares of company stock worth $25,297,262. 1.32% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Tapestry

Large investors have recently added to or reduced their stakes in the business. Acumen Wealth Advisors LLC purchased a new position in Tapestry during the fourth quarter worth $28,000. Triumph Capital Management purchased a new position in Tapestry in the 3rd quarter valued at about $29,000. Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in shares of Tapestry during the 4th quarter worth about $32,000. DV Equities LLC acquired a new position in shares of Tapestry in the fourth quarter valued at approximately $37,000. Finally, HM Payson & Co. boosted its position in Tapestry by 125.8% during the fourth quarter. HM Payson & Co. now owns 289 shares of the luxury accessories retailer’s stock worth $37,000 after acquiring an additional 161 shares during the last quarter. 90.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TPR has been the topic of a number of analyst reports. Robert W. Baird increased their price objective on Tapestry from $160.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Raymond James Financial reissued an “outperform” rating and set a $165.00 price objective on shares of Tapestry in a report on Thursday, April 23rd. Wells Fargo & Company upped their target price on shares of Tapestry from $142.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Telsey Advisory Group lifted their price target on shares of Tapestry to $150.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, TD Cowen restated a “buy” rating on shares of Tapestry in a research note on Tuesday, February 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Tapestry has a consensus rating of “Moderate Buy” and an average price target of $153.89.

Check Out Our Latest Analysis on TPR

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.

Recommended Stories

Earnings History for Tapestry (NYSE:TPR)

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.