Tapestry Set to Announce FQ3 Earnings with Strong Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2026
0mins
Source: seekingalpha
Tapestry Inc (TPR) has seen its stock price rise by 5.04%, reaching a 5-day high, as the company prepares to announce its FQ3 earnings on May 7.
The upcoming earnings report is highly anticipated, with a consensus EPS estimate of $1.29 and revenue expected to reach $1.78 billion. Tapestry has a strong track record, having exceeded EPS estimates 75% of the time and revenue estimates 100% of the time over the past two years. Additionally, there have been 16 upward revisions in EPS estimates and 16 in revenue estimates over the last three months, reflecting analysts' optimistic outlook on the company's performance amid a recovering market environment.
This positive sentiment is further supported by a general rally in apparel and luxury stocks following the U.S.-Iran ceasefire, positioning Tapestry to potentially benefit from improved market conditions.
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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: 145.390
Low
120.00
Averages
136.57
High
155.00
Current: 145.390
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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See More
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- Strong Performance in China: Tapestry's sales in China have increased at a double-digit rate over the past two years, despite a weak handbag market overall, suggesting that the company is successfully building brand loyalty among young consumers.
- Impressive Financial Results: In Q1, Tapestry reported a pro forma sales growth of 25%, with both gross and operating margins expanding, while its non-GAAP EPS of $1.66 exceeded the consensus estimate of $1.60 and was significantly higher than last year's $1.03.
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