Market Movers

Tapestry, Inc.’s Stock Price Soars to $82.20, Marking an Impressive 12.02% Increase

By February 7, 2025 No Comments

Tapestry, Inc. (TPR)

82.20 USD +8.82 (+12.02%) Volume: 15.03M

With Tapestry, Inc.’s stock price soaring to 82.20 USD, a significant trading session increase of +12.02%, and a remarkable YTD gain of +25.82% on a trading volume of 15.03M, the company continues to demonstrate strong market performance, making it a noteworthy contender in the investment landscape.


Latest developments on Tapestry, Inc.

Tapestry Inc. has seen a surge in its stock price today following the release of its fiscal 2025 second-quarter results, which exceeded expectations. The company’s flagship brand, Coach, experienced soaring sales, leading to Tapestry raising its full-year outlook. Analysts attribute the stock price movement to the strong performance of Coach products, particularly the popular Tabby bags, driving demand and boosting annual sales forecasts. Despite some fluctuations in Tapestry’s sister brands, Coach’s continued success has been a significant factor in the company’s positive outlook. This news has attracted the attention of investors, with Tapestry shares hitting a record high as the company continues to demonstrate resilience and growth in the luxury clothing market.


Tapestry, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely following Tapestry Inc and recently published a bullish research report titled “Tapestry Inc.: A Story Of Enhanced Brand Building & Consumer Engagement! – Major Drivers”. The report highlights Tapestry’s notable strengths internationally, with a 6% growth driven by regions like Europe, Other Asia, and Japan. Despite facing challenges in North America and Greater China, where revenue declined in the latter half of the year, Tapestry Inc‘s overall performance remains robust.


A look at Tapestry, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Tapestry Inc has a positive long-term outlook. With high scores in Growth and Momentum, the company is positioned well for future expansion and market performance. Additionally, the company’s strong Dividend score indicates a commitment to rewarding shareholders. While the Value and Resilience scores are slightly lower, the overall outlook for Tapestry Inc remains promising.

Tapestry Inc, known for designing and marketing a wide range of clothes and accessories, has received favorable ratings in key areas such as Dividend and Growth. With a diverse product offering that includes handbags, footwear, fragrance, and more, the company continues to attract customers in the United States. Despite some room for improvement in Value and Resilience, Tapestry Inc‘s high Momentum score suggests continued success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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