Tapestry Inc. ($TPR) Stock Forecast: Up 5.6% Today

What is Tapestry Inc.?

Tapestry (TPR) is a prominent luxury fashion company renowned for its flagship brands such as Coach, Kate Spade, and Stuart Weitzman. Recent market instability in the retail sector can be attributed to evolving consumer preferences and economic uncertainties.

Why is Tapestry Inc. going up?

TPR stock is up 5.6% on Feb 12, 2025 14:42

• Tapestry (TPR) witnessed a significant uptrend in trading activity today.
• The company surpassed earnings expectations for the second quarter, reporting an increase in gross margin and an enhanced fiscal 2025 outlook, highlighting robust performance and growth prospects.
• Notable investors have displayed optimistic sentiment towards Tapestry (TPR), reflecting confidence in the company's future trajectory.
• The favorable earnings and revenue results for the quarter ending December 2024 likely fueled the positive market momentum, attracting investor attention and propelling the stock price upwards.

TPR Price Chart

TPR Technical Analysis

TPR News

Has Tapestry ( TPR ) Outpaced Other Retail-Wholesale Stocks This Year?

Here is how Tapestry (TPR) and Tempur Sealy (TPX) have performed compared to their sector so far this year.

https://www.zacks.com/stock/news/2413660/has-tapestry-tpr-outpaced-other-retail-wholesale-stocks-this-year

Tapestry Q2 Earnings Beat, Gross Margin Rises Y/Y, FY25 View Hiked

TPR delivers seamless and engaging omni-channel experiences, emphasizing brand appeal and effective consumer engagement. The company raises the fiscal 2025 outlook.

https://www.zacks.com/stock/news/2411494/tapestry-q2-earnings-beat-gross-margin-rises-yy-fy25-view-hiked

Tapestry's Options: A Look at What the Big Money is Thinking - Tapestry ( NYSE:TPR )

High-rolling investors have positioned themselves bullish on Tapestry TPR, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data.

https://www.benzinga.com/insights/options/25/02/43531021/tapestrys-options-a-look-at-what-the-big-money-is-thinking

Tapestry ( TPR ) Beats Q2 Earnings and Revenue Estimates

Tapestry (TPR) delivered earnings and revenue surprises of 14.94% and 4.14%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2410797/tapestry-tpr-beats-q2-earnings-and-revenue-estimates

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Tapestry Inc. Price History

22.10.2024 - TPR Stock was up 6.9%

• Tapestry's bullish movement today could be attributed to the termination of its merger agreement with Capri Holdings Limited, which was perceived positively by analysts as it allows Tapestry to focus on its own growth strategies without the uncertainties associated with the merger.
• The decision to end the merger deal with Capri Holdings could indicate that Tapestry is confident in its ability to drive solid growth independently, which might have sparked investor optimism and led to the bullish movement in the stock.
• By redirecting its efforts towards expanding its business and enhancing shareholder value, Tapestry is positioning itself for a more focused and potentially successful future, which investors seem to view favorably based on today's market performance.

25.09.2024 - TPR Stock was up 14.6%

• TPR stock experienced a strong bullish movement today.
• The judge's decision to block the merger between Capri Holdings and Tapestry Inc might have positively impacted TPR's stock as investors see Tapestry's independence as a strategic advantage.
• The anticipation of Tapestry beating earnings estimates in the upcoming report could have also contributed to the bullish movement, reflecting investor confidence in the company's financial performance.
• Overall, the bullish trend in TPR's stock today could be attributed to both the positive legal development and optimistic market expectations regarding the company's financial results.

25.09.2024 - TPR Stock was up 15.2%

• TPR stock showed significant gains today, defying concerns related to its planned merger with Capri Holdings.
• Following a court ruling that initially impacted Capri Holdings' stock (NYSE: CPRI), Tapestry Inc. managed to rally, displaying resilience under pressure.
• Market optimism about Tapestry Inc.'s upcoming earnings report, with expectations of exceeding estimates, likely contributed to the positive market performance of the stock.

25.09.2024 - TPR Stock was up 13.4%

• TPR stock surged due to positive market sentiment and potential upcoming earnings beat.
• The blockage of Capri Holdings' acquisition by Tapestry might have initially caused some uncertainty and led to a brief dip in the stock price.
• Investors seem optimistic about TPR's future performance, disregarding the temporary setback caused by the failed merger.
• Overall, TPR's bullish movement today reflects investor confidence in the company's ability to deliver strong financial results.

06.01.2025 - TPR Stock was up 11.2%

• High-rolling investors are bullish on Tapestry (TPR) as indicated by their options positioning, which likely contributed to the strong bullish movement in the stock today.
• Tapestry (TPR) exceeded earnings and revenue estimates for the second quarter, surprising analysts and investors positively.
• Analysts' insights on key performance measures for Tapestry (TPR) are optimistic, suggesting a potentially strong quarter ended December 2024.
• The combination of positive earnings surprises, bullish investor sentiment, and optimistic analyst projections likely fueled the bullish movement in Tapestry's stock today.

06.01.2025 - TPR Stock was up 16.1%

• TPR stock saw a significant uptrend today, possibly influenced by the optimistic outlook and high expectations surrounding its forthcoming Q2 earnings release.
• Analysts have a positive outlook on TPR's performance, foreseeing surpassing earnings growth and exceeding key performance metrics, thereby enhancing investor trust in the stock.
• The market's movement signifies investor confidence in Tapestry's capability to deliver robust financial results, potentially leading to a rise in stock price as the earnings report date nears.

06.01.2025 - TPR Stock was up 12.3%

• Tapestry (TPR) reported better-than-expected Q2 earnings and revenue, showcasing strong financial performance and exceeding market expectations.
• The increase in gross margin and the raised fiscal 2025 outlook indicate a positive growth trajectory for the company, leading to increased investor confidence and a bullish market movement.
• High-rolling investors showing bullish sentiment through options trading further fueled positive market sentiment towards Tapestry (TPR), contributing to its strong bullish movement today.
• Analysts' positive insights on key performance measures for Tapestry (TPR) also added to the overall optimism surrounding the stock, reinforcing the bullish trend observed in the market.

14.10.2024 - TPR Stock was up 8.6%

• TPR stock saw a significant bullish trend today.
• The cancellation of the $8.5 billion merger agreement with Capri Holdings (NYSE: CPRI) potentially alleviated investor uncertainty, resulting in a positive market sentiment.
• Tapestry's strong Q1 earnings performance, expansion of gross margin, and increased fiscal 2025 forecast likely boosted investor confidence and attracted new buyers, particularly from the Gen Z and Millennial demographics.
• The robust sales results, outperformance in earnings, and enhanced guidance for Q3 further strengthened Tapestry's market position, propelling its stock price upwards.

07.10.2024 - TPR Stock was up 5.1%

• TPR stock experienced a bullish movement today following the release of its Q1 earnings report.
• The company beat both earnings and revenue estimates for the quarter, indicating strong financial performance.
• Analyst projections for key metrics also painted a positive picture for TPR, suggesting a favorable outlook for the business moving forward.
• The market responded positively to the earnings beat and optimistic projections, driving the stock price higher as investors gained confidence in Tapestry's performance and growth potential.

09.04.2024 - TPR Stock was up 3.1%

• Tapestry Inc (TPR) experienced a bullish market movement today.
• Despite a 2% sales decline year-on-year, the company's adjusted EPS of $0.81 beat analyst estimates, showcasing strong performance.
• The increase in gross profit and margin expansion to 74.7% contributed positively to investor sentiment.
• The market reacted positively to the earnings beat, indicating investor confidence in Tapestry's ability to navigate challenges and deliver results.

06.05.2024 - TPR Stock was up 1.5%

• TPR stock experienced a bullish movement today.
• The company's strategic approach to growth and prioritization of digital transformation is likely driving investor confidence.
• Positive developments highlighting Tapestry's improved relative price performance and focus on mental health initiatives may have contributed to the bullish market movement.
• Investors may be optimistic about TPR's potential for rebound and growth, especially in the luxury retail sector, leading to increased buying interest and driving the stock price higher.

12.01.2025 - TPR Stock was up 5.6%

• Tapestry (TPR) witnessed a significant uptrend in trading activity today.
• The company surpassed earnings expectations for the second quarter, reporting an increase in gross margin and an enhanced fiscal 2025 outlook, highlighting robust performance and growth prospects.
• Notable investors have displayed optimistic sentiment towards Tapestry (TPR), reflecting confidence in the company's future trajectory.
• The favorable earnings and revenue results for the quarter ending December 2024 likely fueled the positive market momentum, attracting investor attention and propelling the stock price upwards.