Tapestry's sales rose 11% in its fiscal 2027 first quarter as a 16% increase from Coach (88% of sales) offset a 10% Kate Spade (12%) decline. Non-GAAP gross and operating margins improved by 220 and 230 basis points, respectively, to 78.7% and 23.2% on lower tariffs, higher prices, and cost-cuts.
Coach is one of the share leaders in the desirable category of handbags and other leather goods. Coach bags achieve better pricing than many peers, allowing for luxury-level gross margins above 75%.
Although Tapestry offers many products, women's handbags and other accessories account for about 85% of its revenue. As such, Tapestry is not very diversified as compared with some luxury brand operators.
Metric | TPR | MC | RMS |
|---|---|---|---|
Price/Earnings (Normalized) | 18.11 | 18.09 | 30.65 |
Price/Book Value | 77.98 | 2.90 | 7.41 |
Price/Sales | 3.43 | 2.50 | 8.76 |
Price/Cash Flow | 14.76 | 10.11 | 25.38 |
Metric | TPR | MC | RMS |
|---|---|---|---|
Quick Ratio | 0.65 | 0.66 | 3.63 |
Current Ratio | 1.24 | 1.63 | 4.54 |
Interest Coverage | 36.25 | 16.08 | 112.45 |
Metric | TPR | MC | RMS |
|---|---|---|---|
Return on Assets (Normalized) | 23.81% | 7.82% | 20.11% |
Return on Equity (Normalized) | 291.45% | 16.56% | 26.19% |
Return on Invested Capital (Normalized) | 34.94% | 10.96% | 22.60% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Lvmh Moet Hennessy Louis Vuitton SE LVMHF | — | LOCK|Hm | $221B | |||
| Lvmh Moet Hennessy Louis Vuitton SE ADR LVMUY | LOCK|<PL$r# | LOCK|rk< | $221B | |||
| Hermes International SA HESAF | — | LOCK|LW | $158B | |||
| Hermes International SA ADR HESAY | LOCK|%x$J#Xm | LOCK|HF | $158B | |||
| Compagnie Financiere Richemont SA Class A CFRHF | — | LOCK|$^ | $126B | |||
| Compagnie Financiere Richemont SA ADR CFRUY | LOCK|VRg%N< | LOCK|F# | $126B | |||
| Christian Dior SE ADR CHDRY | — | LOCK|%!?&@ | $88B | |||
| The Swatch Group AG ADR SWGAY | LOCK|h<SK@N | LOCK|BR@?c | $12B | |||
| Capri Holdings Ltd CPRI | LOCK|?b%Ywl | LOCK|%j | $2B |
United States