Tapestry's Q2 Performance Boosts FY26 Outlook Amid Strong Coach Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2026
0mins
Should l Buy TPR?
Source: seekingalpha
- Significant Sales Growth: Tapestry (TPR) exceeded Q2 EPS expectations, raising its FY26 outlook to $6.40-$6.45, reflecting strong brand performance with an 80% year-over-year increase.
- Strong Coach Brand Performance: Coach saw a 25% sales increase in Q2, contributing 14% to Tapestry's total sales, while attracting 2.9 million new customers, highlighting its popularity among Gen Z.
- Massive Market Potential: CEO Joanne Crevoiserat noted that Tapestry targets nearly 2 billion consumers, with 275 million at market entry, currently holding less than 1% market share, indicating substantial growth opportunities ahead.
- Growth Risks and Challenges: Despite Tapestry's recent success, analysts caution that tariffs and brand dilution may hinder future double-digit growth, particularly affecting Kate Spade, and emphasize the need to monitor risks from changing fashion cycles.
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Analyst Views on TPR
Wall Street analysts forecast TPR stock price to fall
15 Analyst Rating
13 Buy
2 Hold
0 Sell
Strong Buy
Current: 152.660
Low
120.00
Averages
136.57
High
155.00
Current: 152.660
Low
120.00
Averages
136.57
High
155.00
About TPR
Tapestry, Inc. is a house of accessories and lifestyle brands. The Company's global house of brands include Coach and kate spade new york. Coach brand is a global fashion house of accessories and lifestyle collections. Kate Spade New York is a global lifestyle brand that designs things for the everyday, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home decor and more. Its products include women's handbags, women's accessories, men's and other products. Women's accessories include small leather goods which include mini and micro handbags, money pieces, wristlets, pouches and cosmetic cases. Men's includes bag collections, small leather goods, footwear, watches, sunglasses, and ready-to-wear items. Its products are sold to customers through its direct-to-consumer (DTC), wholesale and licensing businesses. Its DTC business includes retail and outlet stores, branded e-commerce sites as well as concession shop-in-shops.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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