Tapestry, Inc. (TPR)

Tapestry's Q4 Fiscal Year 2025 earnings report showed stronger-than-expected EPS and revenue, but shares plunged due to a weaker fiscal 2026 profit forecast and tariff warnings. The Board of Directors approved a 14% dividend increase in August 2025. Tapestry sold Stuart Weitzman to Caleres in August 2025. The merger agreement with Capri Holdings was terminated in November 2024. Several financial firms updated their ratings and price targets for Tapestry between September and October 2025. Over the past 52 weeks, Tapestry's shares have climbed 158.5%.

Demand for Tapestry's luxury products exhibits seasonality, with the holiday season being a significant period. Tapestry's brands deliver seasonal collections, with heightened demand for Spring/Summer collections. Consumers plan ahead for luxury purchases, often waiting for seasonal promotions. Traveler spend patterns also influence the luxury fashion market. Tapestry's fiscal second-quarter results often surpass expectations due to strong brand building and execution during the holiday season.

Tapestry, Inc. is an American multinational fashion holding company operating in the luxury sector. It designs, markets, and distributes luxury accessories and lifestyle products under brands like Coach New York and Kate Spade New York. Tapestry sold Stuart Weitzman to Caleres in August 2025 to focus on its core brands. Coach offers handbags, fashion designs, business cases, accessories, footwear, outerwear, and more. Kate Spade New York provides handbags, ready-to-wear, jewelry, footwear, gifts, and home décor with whimsical designs.

Tapestry has a significant global market presence in North America, Greater China, the rest of Asia, and internationally. It maintains a strong retail footprint across North America, Europe, and Asia, utilizing owned retail stores, wholesale partnerships, and e-commerce platforms.

Tapestry aims to empower its brands by building capabilities, delivering on corporate responsibility goals, and leveraging financial power and digital expertise, attracting younger consumers. Kate Spade recorded $855 million in impairment charges in fiscal year 2025 due to reduced cash flow expectations and anticipated tariff impacts. The FTC attempted to block Tapestry's proposed acquisition of Capri Holdings Limited due to antitrust concerns, leading to the termination of the merger agreement in November 2024.

Tapestry, Inc.'s stock ownership is a mix of institutional, retail, and individual investors, with approximately 90.77% owned by hedge funds and other institutional investors. The largest institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Fmr LLC, and State Street Corp. Lew Frankfort is the largest individual Tapestry shareholder, owning 2.03 million shares, representing 0.97% of the company.