Tapestry (TPR) Set to Post Earnings on Thursday

Tapestry (NYSE:TPR) is projected to post its Q1 2027 results before the market opens on Thursday, November 5th. Analysts expect Tapestry to post earnings of $1.56 per share and revenue of $1.85 billion for the quarter. Tapestry has set its FY 2027 guidance at 7.800-7.900 EPS. Individuals are encouraged to explore the company’s upcoming Q1 2027 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Tapestry (NYSE:TPR) last released its quarterly earnings results on Thursday, August 13th. The luxury accessories retailer reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.04. Tapestry had a return on equity of 254.95% and a net margin of 19.09%. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the prior year, the firm posted $1.04 EPS. Tapestry’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, analysts expect Tapestry to post $7.95 EPS for the current fiscal year and $8.84 EPS for the next fiscal year.

Tapestry Trading Up 0.2%

Shares of NYSE:TPR opened at $120.95 on Wednesday. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.25. The firm has a market capitalization of $24.12 billion, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.53 and a beta of 1.44. Tapestry has a 1 year low of $93.00 and a 1 year high of $164.80. The business’s 50 day moving average price is $117.23 and its 200-day moving average price is $136.96.

Tapestry Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were issued a $0.4625 dividend. This represents a $1.85 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, September 4th. This is a positive change from Tapestry’s previous quarterly dividend of $0.40. Tapestry’s payout ratio is presently 25.38%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TPR. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $185.00 price target (up from $180.00) on shares of Tapestry in a research note on Friday, August 14th. Raymond James Financial decreased their price target on shares of Tapestry from $165.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th. Wall Street Zen lowered shares of Tapestry from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. TD Cowen initiated coverage on shares of Tapestry in a research note on Friday, October 30th. They set a “strong-buy” rating for the company. Finally, Morgan Stanley dropped their price objective on shares of Tapestry from $164.00 to $159.00 and set an “overweight” rating for the company in a research note on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $170.00.

Insider Transactions at Tapestry

In other news, CEO Joanne C. Crevoiserat sold 27,761 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $132.47, for a total value of $3,677,499.67. Following the completion of the sale, the chief executive officer owned 666,149 shares of the company’s stock, valued at $88,244,758.03. This represents a 4.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Denise Kulikowsky sold 5,810 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $115.38, for a total transaction of $670,357.80. Following the completion of the sale, the insider directly owned 21,136 shares of the company’s stock, valued at approximately $2,438,671.68. This trade represents a 21.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is owned by insiders.

About Tapestry

Tapestry, Inc is a global house of modern luxury accessories and lifestyle brands. The company’s portfolio includes Coach, known for handbags, leather goods, footwear, apparel and accessories; Kate Spade New York, which offers handbags, accessories, apparel, footwear, home products and related lifestyle merchandise; and Stuart Weitzman, a designer and manufacturer of women’s footwear.

Tapestry sells its products through company-operated stores, outlet locations, e-commerce websites, wholesale partners and select distributors.