- Tapestry’s second-quarter net sales reached $2.20 billion, surpassing the estimate of $2.11 billion.
- The company reported inventory levels of $937.3 million, which are higher than the estimated $835.5 million.
- Adjusted earnings per share (EPS) came in at $2.00, beating the expected $1.75.
- Tapestry remains on track to return over $2 billion to shareholders in fiscal year 2025.
- Investment analysts have issued 15 buy recommendations, 6 hold recommendations, and 2 sell recommendations on the company’s stock.
Tapestry Inc on Smartkarma
Analyst coverage of Tapestry Inc on Smartkarma indicates a positive sentiment from Baptista Research. In their report titled “Tapestry Inc.: A Story Of Enhanced Brand Building & Consumer Engagement! – Major Drivers,” the analysts highlight Tapestry’s notable strengths internationally, showcasing a 6% growth driven by contributions from regions like Europe, Other Asia, and Japan. Despite facing modest revenue declines in North America and challenges in Greater China due to more difficult conditions, Tapestry managed to achieve robust financial outcomes. This suggests a balanced performance across regions for Tapestry Inc.
A look at Tapestry Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Looking ahead, Tapestry Inc seems to have a promising future based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing positive performance and market trends that could indicate continued growth. Additionally, Tapestry scores well in growth at 4, suggesting potential for expansion and development in the long term. These factors point towards a favorable outlook for the company.
While Tapestry Inc‘s value score may not be the highest at 2, its resilience score of 3 implies a certain level of stability and adaptability in the face of challenges. Moreover, the company also garners a solid dividend score of 3, indicating a reasonable return for investors. Considering its diverse product offerings in clothes and accessories, Tapestry Inc is positioned to cater to a wide customer base in the United States.
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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