Tapestry, Inc. Anticipates Strong Q3 Earnings Amid Steady Growth

Valued at a market cap of $13 billion, Tapestry, Inc. (TPR) offers luxury accessories and branded lifestyle products worldwide. Headquartered in New York, the company operates through three main segments: Coach, Kate Spade, and Stuart Weitzman.

Upcoming Earnings Report

The company is set to release its Q3 2025 earnings before markets open on Thursday, May 8. Analysts predict that TPR will report adjusted earnings of $0.89 per share, which signifies a 9.9% increase compared to $0.81 per share recorded in the same quarter last year. Notably, Tapestry has surpassed analysts’ earnings expectations in the last four quarters.

Fiscal Year 2025 Projections

For fiscal 2025, expectations are for Tapestry to achieve an adjusted EPS of $4.92, representing a 14.7% rise from the $4.29 reported in fiscal 2024.

Stock Performance Overview

Over the past 52 weeks, Tapestry’s shares have surged by 74.9%, significantly outpacing the S&P 500 Index’s ($SPX) 9.4% growth and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 13.3% return during the same period.

Recent Earnings Insight

Tapestry’s stock rose 12% following the release of stronger-than-expected Q2 2025 results on February 6. Fueled by a 10% growth in the Coach segment, revenue for the quarter reached $2.2 billion, reflecting a 5.3% increase year-over-year and surpassing the consensus estimate of $2.1 billion. The adjusted EPS was reported at $2, a 22.7% increase from the same quarter last year, exceeding analysts’ expectations by 14.9%.

Forecast for Fiscal 2025

Looking into fiscal 2025, TPR anticipates revenue will exceed $6.85 billion, indicating roughly 3% year-over-year growth on a reported basis. This forecast also exceeds previous guidance of 1% to 2% growth. Projected EPS growth is expected to be between 13% to 14% year-over-year, reaching between $4.85 and $4.90.

Analyst Perspectives

The consensus among analysts regarding TPR is moderately optimistic, with an overall “Moderate Buy” rating. Out of 21 analysts covering the stock, 14 suggest a “Strong Buy,” one offers a “Moderate Buy,” and six recommend a “Hold.” The mean price target stands at $85.70, indicating a potential 24.4% upside from current price levels.

On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more details, please consult the Barchart Disclosure Policy here.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.