The Latest Breaking News from Tapestry

Tapestry (NYSE:TPR) has observed the following analyst ratings within the last quarter:

Jefferies raised Tapestry, Inc. (NYSE: TPR) price target from $30 to $45. Tapestry shares rose 2.2% to close at $31.60 on Tuesday.

Upgrades

According to Benzinga Pro, during Q2, Tapestry (NYSE:TPR) earned $317.90 million, a 40.11% increase from the preceding quarter. Tapestry also posted a total of $2.14 billion in sales, a 44.56% increase since Q1.

Tapestry Inc (NYSE:TPR) reported second-quarter FY22 sales growth of 27% year-on-year, to $2.14 billion, beating the analyst consensus of $2.00 billion. Sales rose 18% compared to pre-pandemic levels. Digital sales rose 30% Y/Y and nearly tripled compared to pre-pandemic levels. Adjusted EPS of $1.33 beat the analyst consensus of $1.18. Gross profit rose…

  Tapestry (NYSE:TPR) reported its Q2 earnings results on Thursday, February 10, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Over the past 3 months, 4 analysts have published their opinion on Tapestry (NYSE:TPR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.