Added to YB: 2025-02-18
Pitch date: 2024-12-31
TPR [bullish]
Tapestry, Inc.
+90.79%
current return
Author Info
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Company Info
Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally.
Market Cap
$21.6B
Pitch Price
$64.58
Price Target
120.00 (-3%)
Dividend
1.51%
EV/EBITDA
11.32
P/E
84.50
EV/Sales
3.48
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Tapestry, Inc. - $TPR
TPR: Coach brand popularity surging, esp. w/ Gen Z. FY25 guidance modest; 1-2% rev growth beatable. Capri deal termination enables buybacks. 14x P/E on FY25E. Upside from Coach's 5-10% growth vs 3% est., margin improvement, buybacks. Risks: trend reversal, recession, China. $80 PT (20%+ upside) in 6mo; bull case $120 (85% upside).
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