tapestry inc. - TPR

TPR

Close Chg Chg %
56.44 2.28 4.04%

Open Market

58.72

+2.28 (4.04%)

Volume: 3.64M

Last Updated:

Nov 22, 2024, 12:51 PM EDT

Company Overview: tapestry inc. - TPR

TPR Key Data

Open

$58.03

Day Range

57.88 - 59.68

52 Week Range

30.20 - 58.49

Market Cap

$13.15B

Shares Outstanding

233.04M

Public Float

232.19M

Beta

1.56

Rev. Per Employee

N/A

P/E Ratio

16.32

EPS

$3.51

Yield

248.18%

Dividend

$0.35

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

4.59M

 

TPR Performance

1 Week
 
-3.37%
 
1 Month
 
9.53%
 
3 Months
 
32.74%
 
1 Year
 
80.84%
 
5 Years
 
109.87%
 

TPR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 22
Full Ratings ➔

About tapestry inc. - TPR

Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade, and Stuart Weitzman. The Coach segment consists of global sales of Coach brand products to customers through Coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third-party distributors. The Kate Spade segment focuses on Kate Spade New York brand products to customers through Kate Spade operated stores, including the Internet, sales to wholesale customers, through concession shop-in-shops and through independent third-party distributors. The Stuart Weitzman segment includes Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The company was founded by Dawn Hughes in 1941 and is headquartered in New York, NY.

TPR At a Glance

Tapestry, Inc.
10 Hudson Yards
New York, New York 10001
Phone 1-212-946-8400 Revenue 6.67B
Industry Apparel/Footwear Retail Net Income 816.00M
Sector Retail Trade 2024 Sales Growth 0.155%
Fiscal Year-end 06 / 2025 Employees 18,600
View SEC Filings

TPR Valuation

P/E Current 16.001
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.229
Price to Sales Ratio 1.496
Price to Book Ratio 3.40
Price to Cash Flow Ratio 7.947
Enterprise Value to EBITDA 7.448
Enterprise Value to Sales 1.73
Total Debt to Enterprise Value 0.76

TPR Efficiency

Revenue/Employee 358,666.667
Income Per Employee 43,870.968
Receivables Turnover 14.365
Total Asset Turnover 0.65

TPR Liquidity

Current Ratio 5.144
Quick Ratio 4.662
Cash Ratio 4.209

TPR Profitability

Gross Margin 69.407
Operating Margin 19.793
Pretax Margin 15.168
Net Margin 12.232
Return on Assets 7.956
Return on Equity 31.538
Return on Total Capital 6.997
Return on Invested Capital 10.008

TPR Capital Structure

Total Debt to Total Equity 302.589
Total Debt to Total Capital 75.161
Total Debt to Total Assets 65.434
Long-Term Debt to Equity 281.729
Long-Term Debt to Total Capital 69.979
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Tapestry Inc. - TPR

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
5.75B 6.68B 6.66B 6.67B
Sales Growth
+15.82% +16.33% -0.35% +0.15%
Cost of Goods Sold (COGS) incl D&A
1.67B 2.03B 1.94B 2.04B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
218.70M 195.30M 182.20M 229.00M
Depreciation
- - - 167.50M
-
Amortization of Intangibles
- - - 6.50M
-
COGS Growth
-2.08% +21.62% -4.64% +5.22%
Gross Income
4.07B 4.65B 4.72B 4.63B
Gross Income Growth
+25.22% +14.15% +1.52% -1.93%
Gross Profit Margin
+70.89% +69.57% +70.88% +69.41%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.98B 3.43B 3.54B 3.31B
Research & Development
- - - -
-
Other SG&A
2.98B 3.43B 3.54B 3.31B
SGA Growth
+0.67% +15.22% +3.23% -6.57%
Other Operating Expense
- - - -
-
Unusual Expense
127.30M 96.50M 7.20M 217.00M
EBIT after Unusual Expense
968.00M 1.12B 1.17B 1.10B
Non Operating Income/Expense
700.00K (16.40M) (800.00K) 36.30M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
71.40M 58.70M 27.60M 127.80M
Interest Expense Growth
+18.80% -17.79% -52.98% +363.04%
Gross Interest Expense
71.40M 58.70M 27.60M 127.80M
Interest Capitalized
- - - -
-
Pretax Income
897.30M 1.05B 1.14B 1.01B
Pretax Income Growth
+243.75% +16.68% +9.18% -11.48%
Pretax Margin
+15.62% +15.66% +17.16% +15.17%
Income Tax
63.10M 190.70M 207.10M 195.90M
Income Tax - Current - Domestic
(53.30M) 114.70M 117.90M 89.90M
Income Tax - Current - Foreign
63.80M 46.60M 48.00M 103.50M
Income Tax - Deferred - Domestic
62.00M 18.20M 37.60M 17.10M
Income Tax - Deferred - Foreign
(9.40M) 11.20M 3.60M (14.60M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
834.20M 856.30M 936.00M 816.00M
Minority Interest Expense
- - - -
-
Net Income
834.20M 856.30M 936.00M 816.00M
Net Income Growth
+227.93% +2.65% +9.31% -12.82%
Net Margin Growth
+14.52% +12.81% +14.05% +12.23%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
834.20M 856.30M 936.00M 816.00M
Preferred Dividends
- - - -
-
Net Income Available to Common
834.20M 856.30M 936.00M 816.00M
EPS (Basic)
3.0018 3.2399 3.9594 3.5602
EPS (Basic) Growth
+228.25% +7.93% +22.21% -10.08%
Basic Shares Outstanding
277.90M 264.30M 236.40M 229.20M
EPS (Diluted)
2.9477 3.1703 3.879 3.4991
EPS (Diluted) Growth
+225.94% +7.55% +22.35% -9.79%
Diluted Shares Outstanding
283.00M 270.10M 241.30M 233.20M
EBITDA
1.31B 1.41B 1.36B 1.55B
EBITDA Growth
+142.08% +7.60% -3.75% +13.85%
EBITDA Margin
+22.87% +21.15% +20.43% +23.23%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 61.588
Number of Ratings 22 Current Quarters Estimate 1.703
FY Report Date 12 / 2024 Current Year's Estimate 4.591
Last Quarter’s Earnings 1.02 Median PE on CY Estimate N/A
Year Ago Earnings 4.29 Next Fiscal Year Estimate 4.961
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 18 21 21
Mean Estimate 1.70 0.87 4.59 4.96
High Estimates 1.74 0.95 4.78 5.85
Low Estimate 1.63 0.79 4.48 4.56
Coefficient of Variance 1.38 3.98 1.84 6.40

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 9 9 10
OVERWEIGHT 4 4 5
HOLD 9 8 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Tapestry Inc. - TPR

Date Name Shares Transaction Value
Jun 4, 2024 Scott A. Roe CFO and COO 83,424 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $43.49 per share 3,628,109.76
May 30, 2024 Manesh B. Dadlani VP, Controller and PAO 37,173 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.23 per share 1,569,815.79
Apr 16, 2024 Alan Lau Director 5,022 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $41.14 per share 206,605.08
Mar 5, 2024 Elizabeth Fraser CEO & Brand Pres. Kate Spade 68,524 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $47.22 per share 3,235,703.28
Mar 4, 2024 David V. Elkins Director 1,788 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $47.53 per share 84,983.64
Mar 4, 2024 David V. Elkins Director 5,280 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 4, 2024 Kevin P. Hourican Director 1,788 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $47.53 per share 84,983.64
Mar 4, 2024 Kevin P. Hourican Director 5,280 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Tapestry Inc. in the News