Tapestry (NYSE:TPR – Get Free Report) is expected to be posting its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect Tapestry to announce earnings of $1.56 per share and revenue of $1.85 billion for the quarter. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Parties can check the company’s upcoming Q1 2027 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.
Tapestry (NYSE:TPR – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The luxury accessories retailer reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.04. Tapestry had a net margin of 19.09% and a return on equity of 254.95%. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter last year, the firm earned $1.04 EPS. Tapestry’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, analysts expect Tapestry to post $7.94 EPS for the current fiscal year and $8.82 EPS for the next fiscal year.
Tapestry Stock Down 0.2%
Shares of Tapestry stock opened at $111.18 on Thursday. Tapestry has a 1 year low of $93.00 and a 1 year high of $164.80. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.25. The company has a market capitalization of $22.17 billion, a P/E ratio of 15.25, a price-to-earnings-growth ratio of 1.40 and a beta of 1.42. The business has a 50-day moving average of $118.19 and a two-hundred day moving average of $137.26.
Tapestry Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 4th were issued a $0.4625 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, September 4th. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. Tapestry’s payout ratio is currently 25.38%.
Insider Transactions at Tapestry
In other news, CEO Joanne Crevoiserat sold 27,761 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $132.47, for a total value of $3,677,499.67. Following the transaction, the chief executive officer owned 666,149 shares in the company, valued at $88,244,758.03. This trade represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Denise Kulikowsky sold 5,810 shares of the stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $115.38, for a total transaction of $670,357.80. Following the completion of the sale, the insider owned 21,136 shares of the company’s stock, valued at approximately $2,438,671.68. This trade represents a 21.56% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.28% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several brokerages have recently commented on TPR. UBS Group lowered their target price on shares of Tapestry from $232.00 to $200.00 and set a “buy” rating on the stock in a report on Tuesday, October 20th. Barclays boosted their price objective on shares of Tapestry from $182.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Wells Fargo & Company reduced their target price on Tapestry from $165.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, August 13th. JPMorgan Chase & Co. lifted their price target on Tapestry from $205.00 to $211.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen downgraded shares of Tapestry from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $170.62.
Get Our Latest Analysis on TPR
Tapestry Company Profile
Tapestry, Inc is a global house of modern luxury accessories and lifestyle brands. The company’s portfolio includes Coach, known for handbags, leather goods, footwear, apparel and accessories; Kate Spade New York, which offers handbags, accessories, apparel, footwear, home products and related lifestyle merchandise; and Stuart Weitzman, a designer and manufacturer of women’s footwear.
Tapestry sells its products through company-operated stores, outlet locations, e-commerce websites, wholesale partners and select distributors.
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