Tapestry, Inc. Declares Quarterly Dividend of $0.40 (NYSE:TPR)

Tapestry, Inc. (NYSE:TPR) announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, June 5th will be given a dividend of 0.40 per share by the luxury accessories retailer on Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, June 5th.

Tapestry has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Tapestry has a payout ratio of 29.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Tapestry to earn $7.08 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 22.6%.

Tapestry Stock Down 12.5%

Shares of NYSE:TPR traded down $18.66 during trading on Thursday, reaching $130.18. 6,457,083 shares of the stock were exchanged, compared to its average volume of 2,177,641. Tapestry has a 1-year low of $75.48 and a 1-year high of $161.97. The stock has a fifty day moving average of $146.93 and a two-hundred day moving average of $132.15. The company has a debt-to-equity ratio of 4.32, a current ratio of 1.63 and a quick ratio of 1.10. The firm has a market cap of $26.36 billion, a price-to-earnings ratio of 53.79, a price-to-earnings-growth ratio of 1.69 and a beta of 1.45.

Tapestry (NYSE:TPR) last announced its quarterly earnings results on Thursday, May 7th. The luxury accessories retailer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.40. Tapestry had a net margin of 6.95% and a return on equity of 157.98%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the previous year, the business posted $1.03 EPS. Tapestry’s quarterly revenue was up 21.2% on a year-over-year basis. Tapestry has set its FY 2026 guidance at 6.950-6.950 EPS. Research analysts anticipate that Tapestry will post 6.46 earnings per share for the current fiscal year.

Key Stories Impacting Tapestry

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Tapestry delivered a clear earnings beat — Q3 adjusted EPS $1.66 and revenue ~$1.92B — both above Street estimates, showing 21% revenue growth year‑over‑year. Management raised FY‑2026 guidance (EPS ~6.95) and lifted revenue and margin targets, which is fundamentally positive for future earnings expectations. Business Wire: Tapestry Q3 Release
• Positive Sentiment: Coach brand strength drove the quarter and operating‑margin expansion, supporting the company’s improved cash flow and its plan to return roughly $1.6B to shareholders — a constructive signal for investors focused on capital returns. WSJ: Tapestry Lifts FY Outlook
• Neutral Sentiment: Broader market tailwinds (futures up after jobless claims came in better than expected) may have helped sentiment in the sector but haven’t offset stock‑specific profit‑taking. Zacks: Jobless Claims
• Neutral Sentiment: Analyst coverage remains constructive (multiple Overweight/Buy ratings and median price targets near $160), so longer‑term sentiment is mixed to positive even as short‑term volatility rises. QuiverQuant: Analyst / Targets Summary
• Negative Sentiment: “Sell‑the‑news” and profit‑taking: after a multi‑month run, investors appear to be locking in gains despite the beat and guide raise — a common short‑term headwind following strong reports. QuiverQuant: TPR Slides on Profit‑Taking
• Negative Sentiment: Mixed brand performance: Coach outperformed, but kate spade sales declined year‑over‑year, creating concerns about portfolio momentum and sustainability of the upside. Proactive: Tapestry Beats Q3 & Raises Guidance
• Negative Sentiment: Insider selling and institutional flow noise: disclosures show notable insider sales and mixed hedge‑fund moves (large additions and large reductions), which may amplify negative sentiment during a pullback. QuiverQuant: Insider & Institutional Activity

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.