From Nasdaq: 2025-02-18 22:00:11

Tapestry (NYSE: TPR) stock has doubled since January 2024, outperforming the S&P 500. Q2 results show steady revenues of $2.2 billion, driven by Coach brand sales. Tapestry acquired 2.7 million new customers, mainly from Gen Z and Millennials. Revised 2025 guidance predicts EPS of $4.85-$4.90 and revenue growth of 3%.

China’s luxury market recovery benefits Tapestry’s Coach brand with a strong presence in the country. Tapestry’s stock returns were volatile in recent years, but the High Quality portfolio has outperformed the S&P 500. Revenues forecasted at $6.9 billion for FY’24 with an EPS estimate of $4.85, valuing Tapestry at $75 per share.

Comparing returns, Tapestry shows strong performance since the start of 2024 with a total return of 138%. Peer comparisons are available for further analysis. Trefis Market Beating Portfolios offer investment opportunities based on key metrics.



Read more at Nasdaq: What’s Next For Tapestry’s Stock After A Solid Q2?