NYSEConsumer DiscretionaryLuxury GoodsSnapshot 2026-08-31
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Create your account →Broken: Primary pillar broken — EPS grows over 35% to at least $6.95 in FY 2026: FY26 EPS $7.85 vs 6.95 target.
Tapestry grows revenue over $7.95 billion in FY 2026, a 14% rise. EPS is set to increase over 35% to about $6.95. The company returns $1.6 billion to shareholders this year. Recent quarters beat estimates with strong sales and profit growth.
EPS growth lags behind targets, showing only 30% progress. Luxury sector headwinds could slow sales growth below 7.5%. Share buybacks may slow, reducing shareholder returns.
The price is about 18% above our fair value near $123, reflecting roughly 7.5% revenue growth expected by analysts. Our fair value is 28% below the Street median, indicating the market may be optimistic compared to our view.
Breaks if: EPS growth falls below 7.0% YoY in FY 2026
Breaks if: Revenue falls below $6.95 billion in FY 2026
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround story with a focus on revenue growth and margin expansion. The current thesis state is cautious, as recent performance has shown recovery, but there are underlying vulnerabilities.
The market appears to have priced in a neutral outlook, with no significant expectations gap. Valuation is slightly above peers, indicating that while the stock is not considered cheap, it is justified given the current performance.
Management is on track with its priorities, showing consistent revenue growth and capital returns. However, customer engagement efforts are mixed, and there is a low probability of missing earnings expectations in the near term.
The long-term thesis hinges on management's ability to maintain revenue growth and margin expansion, as well as external factors like inflation and sector performance. Key triggers include potential guidance cuts and the performance of sector peers.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this view. The company reported strong revenue growth and margin expansion. Tapestry also raised its quarterly dividend by 16%. This increase shows a commitment to returning capital to shareholders. There are no new threats to the thesis.
as of 2026-08-31
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Tapestry aims to achieve revenue growth of approximately 14% in FY 2026, exceeding previous guidance.
Breaks if: Shareholder returns fall below $1.05 billion year-to-date in FY 2026
Over the next 1 to 3 years, TPR's performance will depend on effective execution and external economic conditions. Not investment advice.
