The Latest Breaking News from Tapestry

Telsey Advisory Group has decided to maintain its Outperform rating of Tapestry (NYSE:TPR) and lower its price target from $56.00 to $46.00. Shares of Tapestry are trading up 3.98% over the last 24 hours, at $31.85 per share. A move to $46.00 would account for a 44.43% increase from the…

Tapestry Inc (NYSE:TPR) reported third-quarter FY22 sales growth of 13% year-on-year, to $1.44 billion, beating the consensus of $1.42 billion. Adjusted EPS of $0.51 beat the analyst consensus of $0.41. Gross profit rose 10.2% Y/Y to $1.01 billion, with the margin contracting 170 basis points to 69.9%. The operating margin expanded 260 basis…

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.