Tapestry (NYSE:TPR) Updates FY 2026 Earnings Guidance

Tapestry (NYSE:TPR) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 6.400-6.450 for the period, compared to the consensus estimate of 5.660. The company issued revenue guidance of $7.8 billion-$7.8 billion, compared to the consensus revenue estimate of $7.4 billion.

Tapestry Price Performance

TPR traded up $3.85 during midday trading on Friday, reaching $147.04. 269,733 shares of the company’s stock were exchanged, compared to its average volume of 2,351,699. The business’s 50-day moving average price is $126.55 and its 200 day moving average price is $114.59. The stock has a market capitalization of $30.09 billion, a PE ratio of 131.21, a P/E/G ratio of 2.23 and a beta of 1.63. Tapestry has a 1-year low of $58.39 and a 1-year high of $150.71. The company has a debt-to-equity ratio of 5.95, a current ratio of 1.52 and a quick ratio of 0.93.

Tapestry (NYSE:TPR) last posted 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. The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.29 billion. Tapestry had a return on equity of 116.42% and a net margin of 3.77%.Tapestry’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.00 EPS. Tapestry has set its FY 2026 guidance at 6.400-6.450 EPS. As a group, equities analysts anticipate that Tapestry will post 4.91 EPS for the current fiscal year.

Tapestry Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 6th. Tapestry’s dividend payout ratio (DPR) is currently 142.86%.

Tapestry declared that its Board of Directors has initiated a stock repurchase plan on Thursday, November 6th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the luxury accessories retailer to reacquire up to 4.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

TPR has been the subject of several research analyst reports. Wall Street Zen lowered Tapestry from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 6th. Argus raised shares of Tapestry to a “strong-buy” rating in a research report on Friday, January 16th. UBS Group upped their target price on Tapestry from $105.00 to $123.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. BTIG Research started coverage on Tapestry in a research report on Tuesday, October 14th. They issued a “buy” rating and a $140.00 target price on the stock. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $150.00 price target on shares of Tapestry in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $133.89.

Insiders Place Their Bets

In other news, insider David E. Howard sold 25,029 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $102.50, for a total value of $2,565,472.50. Following the sale, the insider owned 55,354 shares of the company’s stock, valued at approximately $5,673,785. This represents a 31.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Todd Kahn sold 29,000 shares of Tapestry stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $102.83, for a total transaction of $2,982,070.00. Following the transaction, the chief executive officer directly owned 86,736 shares of the company’s stock, valued at $8,919,062.88. This represents a 25.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 115,485 shares of company stock valued at $12,034,058 in the last ninety days. Company insiders own 1.32% of the company’s stock.

Tapestry News Roundup

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Tapestry reported fiscal Q2 results that beat revenue and EPS expectations (Q2 revenue $2.5B, EPS $2.69) and raised FY2026 guidance to $6.40–$6.45 EPS, signaling stronger-than-expected momentum. Tapestry, Inc. Reports Fiscal 2026 Second Quarter Results and Raises Full Year Outlook
• Positive Sentiment: Strong Coach sales, led by Tabby handbags, were cited as the main driver of the blowout holiday quarter and the reason management lifted annual forecasts. Tapestry lifts annual forecasts as Tabby handbag craze fuels blowout holiday quarter
• Positive Sentiment: Analysts responded: Telsey Advisory Group and Evercore ISI raised their ratings/price targets (Telsey to “Outperform” / $150; Evercore lift to $150), reinforcing buy-side sentiment. Tapestry (NYSE:TPR) Given “Outperform” Rating at Telsey Advisory Group
• Positive Sentiment: Tapestry hit all‑time/record highs intraday after the results and guidance upgrade, reflecting investor enthusiasm about brand execution and margin/cash‑flow upside. Tapestry (TPR) Hits All-Time High on Strong Earnings, Outlook
• Neutral Sentiment: Tapestry released the earnings call transcript and slides — useful for investors wanting detail on comps, regional trends, and margin assumptions but no new surprises beyond the beat and raised guide. Tapestry (TPR) Q2 2026 Earnings Call Transcript
• Positive Sentiment: Tapestry declared a $0.40 quarterly dividend (record Mar 6, pay Mar 23), providing a modest income element (yield ~1.1%) that can support investor demand. Dividend Announcement / MarketBeat
• Negative Sentiment: Management noted that Coach’s strength offset weakness at other brands (Kate Spade declines were highlighted), which underscores brand concentration risk if Coach momentum slows. Tapestry Boosts Outlook as Coach Sales Surge

Institutional Investors Weigh In On Tapestry

Several institutional investors have recently added to or reduced their stakes in TPR. Triumph Capital Management bought a new stake in shares of Tapestry in the third quarter valued at about $29,000. Larson Financial Group LLC lifted its position in Tapestry by 210.4% during the 3rd quarter. Larson Financial Group LLC now owns 388 shares of the luxury accessories retailer’s stock worth $44,000 after buying an additional 263 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Tapestry in the 2nd quarter valued at about $54,000. Wealth Watch Advisors INC acquired a new stake in Tapestry in the 3rd quarter valued at about $54,000. Finally, Brown Brothers Harriman & Co. increased its position in Tapestry by 154.6% during the third quarter. Brown Brothers Harriman & Co. now owns 937 shares of the luxury accessories retailer’s stock worth $106,000 after buying an additional 569 shares during the last quarter. 90.77% of the stock is owned by institutional investors.

Tapestry Company Profile

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.