
NYSE:TPR
This summary was created by AI, based on 2 opinions in the last 12 months.
Tapestry Inc. (TPR-N) has faced a challenging month, being recognized as one of the worst performers in the S&P during August, with a significant decline of 19%. Despite this downturn, some experts argue that the company, which is well-managed, might present a buying opportunity for investors looking for potential value in a recovering market. While it operates in the luxury goods sector, there is some debate over its classification, with some experts suggesting that its mid-priced positioning may play a role in its relatively better performance compared to peers. This indicates that Tapestry may cater to a broader audience, which could either benefit or hinder its perceived luxury status in the market. Overall, the stock’s current challenges may provide a strategic entry point for investors who believe in its management and operational strategy.
Last year, the FTC blocked the Tapestry-Capri merger to include Kate Space, Versace and Jimmy Choo brands among others. Since then, TPR has soared 148%; announced and accelerated a share buyback; delivered top and bottom line beats and raised forecast for three straight quarters. Drivin this is improving sales in the Coach brand which is stealing market brand. Buy on a pullback or a small position now.
Some high-end names like Louis Vuitton have not been doing well. But TPR has been performing decently. Above 200-day MA, which is moving higher. Mid-high luxury, and that part of the market is doing better. Could be that the ultra-rich are "downshifting" into names owned by this brand.
15.5x forward PE, slightly above 10-year historical norms for this name. 9-10% growth. So valuation is decent. Investors should be cautious about impact of a downturn in the economy on this type of name.
Got an analyst upgrade today and the stock surged and lifted the entire retail clothing sector. He prefers tried-and-true Lululemon though.
Tapestry Inc. is a American stock, trading under the symbol TPR (previously TPR-N on Stockchase) on the New York Stock Exchange (TPR). It is usually referred to as NYSE:TPR or TPR
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on TPR (previously TPR-N on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is BUY on WEAKNESS. Read the latest stock experts' ratings for Tapestry Inc..
Tapestry Inc. was recommended as a Top Pick by Jim Cramer - Mad Money on 2026-08-31. Read the latest stock experts ratings for Tapestry Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Tapestry Inc..
Tapestry Inc. is followed by 35 investors on Stockchase and is a trending stock that is worth watching.
On 2026-09-04, Tapestry Inc. (TPR) stock closed at a price of $122.14.
One of the S&P's worst performers in August. Is down 19% and worth buying now. Is run well.