Tapestry (NYSE:TPR) Releases FY 2027 Earnings Guidance

Tapestry (NYSE:TPR) updated its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 7.800-7.900 for the period, compared to the consensus earnings per share estimate of 7.820. The company issued revenue guidance of $8.4 billion-$8.5 billion, compared to the consensus revenue estimate of $8.5 billion.

Tapestry Stock Performance

NYSE TPR opened at $129.11 on Friday. The firm has a market cap of $26.08 billion, a P/E ratio of 17.71, a price-to-earnings-growth ratio of 1.16 and a beta of 1.43. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 3.44. The company’s 50 day moving average is $146.48 and its 200-day moving average is $144.63. Tapestry has a 12-month low of $93.00 and a 12-month high of $164.80.

Tapestry (NYSE:TPR) last released its quarterly earnings data on Thursday, August 13th. The luxury accessories retailer reported $1.32 EPS 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 company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm earned $1.04 EPS. Tapestry’s revenue for the quarter was up 8.9% on a year-over-year basis. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Sell-side analysts predict that Tapestry will post 7.83 earnings per share for the current year.

Tapestry Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be issued a $0.4625 dividend. The ex-dividend date of this dividend is Friday, September 4th. This is an increase from Tapestry’s previous quarterly dividend of $0.40. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.4%. Tapestry’s dividend payout ratio is 51.28%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TPR shares. Sanford C. Bernstein reiterated a “market perform” rating and issued a $185.00 price target (up from $180.00) on shares of Tapestry in a research report on Friday. Raymond James Financial reissued an “outperform” rating and set a $165.00 price objective on shares of Tapestry in a report on Thursday, April 23rd. BTIG Research dropped their price objective on Tapestry from $180.00 to $175.00 and set a “buy” rating on the stock in a report on Friday. Telsey Advisory Group raised their target price on Tapestry from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Evercore set a $175.00 target price on Tapestry in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Tapestry currently has a consensus rating of “Moderate Buy” and an average price target of $175.12.

Insider Activity at Tapestry

In other news, CEO Todd Kahn sold 19,557 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $140.02, for a total transaction of $2,738,371.14. Following the completion of the transaction, the chief executive officer directly owned 123,258 shares in the company, valued at $17,258,585.16. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.32% of the stock is owned by company insiders.

Key Tapestry News

Here are the key news stories impacting Tapestry this week:

• Positive Sentiment: Tapestry reported fiscal fourth-quarter EPS of $1.32, above the $1.28 consensus estimate, while revenue of $1.88 billion also topped expectations. Revenue increased 8.9% year over year, and earnings rose from $1.04 per share in the prior-year quarter. Tapestry fiscal 2026 fourth-quarter and full-year results
• Positive Sentiment: Coach continued to drive growth, supported by younger shoppers, higher average unit retail prices, unit expansion and international growth. Management said the brand’s momentum could remain durable through fiscal 2027, although growth may become more measured in the second half. Coach growth durability
• Positive Sentiment: The company raised its quarterly dividend 15.6% to $0.4625 per share, payable September 21 to shareholders of record September 4. Tapestry also plans approximately $1.7 billion in shareholder returns, supporting the stock’s income and capital-return appeal. Fiscal 2027 outlook and shareholder returns
• Neutral Sentiment: Fiscal 2027 EPS guidance of $7.80 to $7.90 is broadly in line with the roughly $7.82 analyst consensus, suggesting continued profit growth but limited upside relative to expectations. Tapestry earnings estimate beat
• Negative Sentiment: Management projected fiscal 2027 revenue of $8.4 billion to $8.5 billion, slightly below the $8.5 billion consensus. Investors viewed the outlook as disappointing after the quarterly beat, particularly because Kate Spade’s recovery is taking longer and tariff pressure remains a risk. Tapestry forecasts weak annual sales

Hedge Funds Weigh In On Tapestry

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. increased its stake in Tapestry by 1,742.3% in the 4th quarter. Sunbelt Securities Inc. now owns 1,437 shares of the luxury accessories retailer’s stock worth $184,000 after acquiring an additional 1,359 shares during the last quarter. Compound Planning Inc. boosted its position in shares of Tapestry by 7.4% during the 4th quarter. Compound Planning Inc. now owns 9,223 shares of the luxury accessories retailer’s stock valued at $1,178,000 after acquiring an additional 636 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Tapestry by 306.5% during the 4th quarter. Corient Private Wealth LLC now owns 232,246 shares of the luxury accessories retailer’s stock valued at $29,674,000 after acquiring an additional 175,109 shares during the last quarter. Virtue Capital Management LLC grew its holdings in shares of Tapestry by 1,864.7% during the fourth quarter. Virtue Capital Management LLC now owns 11,199 shares of the luxury accessories retailer’s stock worth $1,445,000 after purchasing an additional 10,629 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in shares of Tapestry by 4.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 4,944 shares of the luxury accessories retailer’s stock worth $632,000 after purchasing an additional 207 shares in the last quarter. 90.77% of the stock is currently owned by hedge funds and other institutional investors.

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.