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Tapestry, Inc. (TPR), headquartered in New York, delivers luxury accessories and branded lifestyle products globally. Valued at $17.3 billion by market cap, the company offers handbags, leather goods, footwear, fragrances, bags, wallets, and ready-to-wear apparel. The leading luxury retailer is expected to announce its fiscal second-quarter earnings for 2025 on Thursday, Feb. 13.
Ahead of the event, analysts expect TPR to report a profit of $1.72 per share on a diluted basis, up 5.5% from $1.63 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect TPR to report EPS of $4.62, up 7.7% from $4.29 in fiscal 2024. Its EPS is expected to rise 8.2% year over year to $5 in fiscal 2026.
TPR stock has outperformed the S&P 500’s ($SPX) 25% gains over the past 52 weeks, with shares up 102.1% during this period. Similarly, it outperformed the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 32% gains over the same time frame.
TPR’s outperformance is driven by global expansion, operational efficiency, strong cash flow, and robust brand positioning. Its omnichannel strategy appeals to younger shoppers, while Coach, its flagship brand, has led growth with margin expansion and innovative marketing campaigns. Additionally, the acquisition of 1.4 million new customers in North America highlights its success in widening its consumer base.
On Nov. 7, TPR shares closed up more than 3% after reporting its Q1 results. Its adjusted EPS came in at $1.02, up 9.7% year over year. The company’s revenue was $1.51 billion, exceeding Wall Street forecasts of $1.47 billion.
Analysts’ consensus opinion on TPR stock is moderately bullish, with a “Moderate Buy” rating overall. Out of 21 analysts covering the stock, 13 advise a “Strong Buy” rating, one suggests a “Moderate Buy,” and seven give a “Hold.” While TPR currently trades above its mean price target of $68.78, the Street-high price target of $87 suggests an upside potential of 17.5%.
