Company Overview
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's accessories, including handbags, such as wallets, money pieces, wristlets, and cosmetic cases; novelty accessories comprising address books, time management and travel accessories, sketchbooks, and portfolios; and key rings and charms. The company also provides bag collections, including business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods, such as wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear for men. In addition, it offers women's footwear; sunglasses; bracelets, necklaces, rings, and earrings; fragrances and watches; women's seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, which comprise gloves, scarves, and hats. Further, the company provides footwear items; and housewares and home accessories for kids, such as fashion bedding and tableware; and stationery and gifts. Additionally, it licenses rights to market and distribute its tech and soft accessories, jewelry, watches, eyewear, and fragrances under the Coach brand; and tableware and housewares, fashion beddings, tech accessories, watches, sleepwear, eyewear, stationery and gifts, and fragrances under the Kate Spade brand. As of July 2, 2022, the company operated through a network of 945 Coach stores, 398 Kate Spade stores, and 100 Stuart Weitzman stores. It sells its products through e-commerce sites and concession shop-in-shops, and wholesale customers, as well as through independent third-party distributors. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
Company Information
- CEO
- Joanne C. Crevoiserat
- Sector
- Consumer Cyclical
- Industry
- Luxury Goods
- Employees
- 12500
Contact Information
- Website
- https://www.tapestry.com
- Address
- 10 Hudson Yards
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Consumer Cyclical leader with 20.97B market capitalization
- Trading Volume: 2.52M shares traded today
- Price Range: 52-week range of $39.40 - $114.05
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Tapestry, Inc.
Tapestry, Inc. (TPR) operates in the Luxury Goods industry within the Consumer Cyclical sector. With a current market capitalization of 20.97B, the company represents a significant player in its market. The stock is currently trading at $100.74 with a positivedaily change of 2.31%.
The company's 12500 employee base and presence on the New York Stock Exchangeexchange position it as a Consumer Cyclical sector leader. Investors should consider the stock's P/E ratio of 122.85, beta of 1.53, and 52-week price range from $39.40 to $114.05when evaluating investment opportunities.
Why Invest in Tapestry, Inc.?
Strengths
- • Established market presence in Consumer Cyclical
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Joanne C. Crevoiserat
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Consumer Cyclical Stocks
About Consumer Cyclical Sector
The Consumer Cyclical sector includes companies that sell non-essential goods and services that consumers purchase when they have disposable income.