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Tapestry Inc TPR Stock Quote

| Rating as of

NYSE: TPR

Morningstar‘s Stock Analysis TPR

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Narrow-Moat Tapestry Performing Well Despite Some Macroeconomic Issues; Shares Very Attractive

David Swartz Equity Analyst

Analyst Note

| David Swartz |

Boosted by higher average retail prices, Tapestry met our expectations in its (September-ended) fiscal 2023 first quarter. Although the firm slightly lowered guidance for the rest of the fiscal year due to the strong U.S. dollar, some impact on sales in North America from slower consumer spending, and ongoing virus-related restrictions in China, we think demand for accessories and luxury goods is holding up relatively well. We do not expect to make any material change to our $54 fair value estimate and view Tapestry as very undervalued. Our narrow moat rating on the company is based on the value of the Coach brand, which we think has helped it overcome the many challenges that have faced accessories and apparel firms over the last few quarters.

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Key Statistics TPR

Company Profile TPR

Business Description

Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm’s products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women’s handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women’s footwear.

Contact
10 Hudson Yards
New York, NY, 10001
Industry Luxury Goods
Employees 18,100

FAQs for Tapestry Inc Stock

Yes. TPR has a forward dividend yield of 3.22%. See TPR’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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TPR’s market cap is 8.86 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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TPR’s stock style is Mid Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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TPR’s price/sales is 1.45.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TPR’s price/forward earnings is 9.94.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TPR’s price/book is 3.93.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

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TPR’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TPR’s historical performance against its industry peers and the overall market.