US stock · Consumer Cyclical sector · Luxury Goods
T
Tapestry, Inc.
TPR
NYSE41.69
USD
+0.99
(+2.43%)
Market Closed
10.86P/E
10Forward P/E
0.45P/E to S&P500
9.664BMarket CAP
2.83%Div Yield
Upcoming Earnings
16 Aug-21 Aug
Shares Short
5/15/23
9.96M
Short % of Float
5.85%
Short % of Shares Outs.
4.30%
% Held by Insiders
0.26%
% Held by Institutions
97.93%
Beta
1.47
PEG Ratio
0.72
52w. high/low
47.48/27.53
Avg. Daily Volume
3.28M
Return %
Stock
S&P 500
1 year
23.20
2.12
3 years
174.64
40.04
5 years
(6.38)
54.55
Scale: |
High
Low
37.64
13.19
37.36
11.41
58.55
32.96
69.20
45.70
79.70
48.24
61.94
45.87
56.72
32.72
43.87
27.22
43.71
30.06
48.85
34.33
55.50
32.03
39.63
18.54
31.65
10.18
49.66
30.24
42.36
26.39
47.48
36.81
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
7.07
8.94
9.98
11.58
14.10
16.52
17.97
17.30
15.20
16.18
16.00
20.60
20.83
17.81
20.68
25.29
27.69
Earnings per share
1.80
2.20
1.93
2.36
2.99
3.60
3.66
2.81
1.46
1.66
2.11
1.39
2.22
(2.34)
3.00
3.24
3.75
FCF per share
1.73
2.10
1.76
2.92
3.00
3.60
4.15
2.76
2.64
1.27
2.03
2.56
1.79
0.72
4.35
2.87
5.33
Dividends per share
- -
- -
- -
0.30
0.60
0.90
1.20
1.36
1.35
1.35
1.35
1.35
1.35
1.37
- -
1.00
0.85
CAPEX per share
0.38
0.49
0.74
0.26
0.50
0.64
0.85
0.79
0.76
1.46
1.01
0.94
0.95
0.74
0.42
0.36
0.53
Book Value per sh.
5.17
4.26
5.24
4.83
5.47
6.91
8.53
8.71
9.03
9.66
10.70
11.37
12.14
8.17
11.73
8.65
10.09
Comm.Shares outs.
370
356
324
311
295
288
282
278
276
278
281
285
289
279
278
264
241
Avg. annual P/E ratio
25.0
12.5
13.4
17.7
19.5
17.5
14.7
14.5
23.9
22.9
19.8
33.5
13.3
(8.3)
13.6
10.7
10.9
P/E to S&P500
1.4
0.6
0.2
0.9
1.2
1.2
0.9
0.8
1.2
1.0
0.8
1.3
0.6
(0.2)
0.5
0.5
0.5
Avg. annual div. yield
- -
- -
- -
0.7%
1.0%
1.4%
2.2%
3.3%
3.9%
3.6%
3.2%
2.9%
4.6%
7.0%
- -
2.9%
2.3%
Revenue (m)
2,612
3,181
3,230
3,608
4,159
4,763
5,075
4,806
4,192
4,492
4,488
5,880
6,027
4,961
5,746
6,685
6,666
Operating margin
38.0%
36.1%
30.1%
31.9%
31.4%
31.7%
30.0%
23.3%
14.7%
14.5%
17.5%
11.4%
13.5%
(11.1)%
16.8%
17.6%
16.2%
Depreciation (m)
81
101
123
127
125
133
163
189
192
211
213
260
268
248
219
195
129
Net profit (m)
664
783
623
735
881
1,039
1,034
781
402
461
591
398
643
(652)
834
856
901
Income tax rate
38.5%
34.5%
36.2%
36.2%
32.3%
31.0%
32.0%
30.4%
34.2%
26.5%
22.1%
33.4%
16.0%
(4.5)%
7.0%
18.2%
18.0%
Net profit margin
25.4%
24.6%
19.3%
20.4%
21.2%
21.8%
20.4%
16.3%
9.6%
10.3%
13.2%
6.8%
10.7%
(13.1)%
14.5%
12.8%
13.3%
Working capital (m)
1,332
935
937
774
859
1,086
1,348
1,042
1,672
1,346
3,200
1,494
1,639
811
1,950
1,105
1,073
Long-term debt (m)
3
3
25
24
23
1
0
- -
879
861
1,580
1,600
1,602
3,388
3,117
2,942
2,974
Equity (m)
1,910
1,516
1,696
1,505
1,613
1,993
2,409
2,421
2,490
2,683
3,002
3,245
3,513
2,276
3,259
2,286
2,865
ROIC
32.0%
43.0%
29.8%
38.0%
43.2%
43.6%
36.9%
27.5%
10.4%
10.8%
11.2%
6.1%
10.1%
(9.5)%
12.9%
15.6%
15.4%
Return on capital
43.3%
52.6%
38.3%
46.8%
49.4%
48.5%
43.1%
30.7%
13.0%
12.3%
12.5%
7.8%
10.4%
(7.1)%
11.6%
15.2%
15.7%
Return on equity
34.7%
51.7%
36.8%
48.8%
54.6%
52.1%
42.9%
32.3%
16.2%
17.2%
19.7%
12.3%
18.3%
(28.6)%
25.6%
37.5%
31.4%
Plowback ratio
100.0%
100.0%
100.0%
87.2%
79.8%
74.9%
67.2%
51.8%
7.6%
18.7%
36.0%
3.4%
39.3%
158.3%
100.0%
69.1%
85.6%
Div.&Repurch./FCF
5.9%
167.4%
79.8%
136.8%
144.1%
92.6%
63.1%
117.7%
51.1%
106.0%
66.2%
52.7%
94.8%
- -
- -
245.5%
66.7%
Capital Structure
11 May · 2023 | Q3
All numbers in millions
Total liabilities
$ 4,120
Total assets
$ 6,984
Long-term debt
$ 2,974
Cash and equiv.
$ 652
Goodwill
$ - -
Retained earnings
$ - -
Common stock
235
Enterprise Value
$ 11,985
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,434
2,008
953
Receivables
239
455
470
Inventory
737
735
994
Other
143
759
(480)
Current assets
2,553
3,375
2,574
Acc. Payable
131
445
521
Debt due
1,100
319
320
Other
511
661
628
Current liabilities
1,742
1,426
1,469
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
16.33%
4.24%
4.11%
Cash flow
(37.13)%
92.96%
41.12%
Earnings
2.65%
(91.19)%
(47.52)%
Dividends
- -
- -
- -
Book value
(29.88)%
(3.41)%
1.94%
Insider Trading
Type
Shares
Date
Lau Alan Ka Ming
Award
2,059
04/12/23
Lau Alan Ka Ming
Award
6,011
04/12/23
Lau Alan Ka Ming
- -
04/12/23
Fraser Elizabeth
InKind
1,242
03/02/23
Dadlani Manesh
Gift
200
02/14/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
1,172
1,685
1,273
1,615
5,746
2022
1,481
2,141
1,438
1,625
6,685
2023
1,507
2,025
1,510
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.83
1.12
0.33
0.72
3.00
2022
0.86
1.20
0.46
0.71
3.24
2023
0.81
1.38
0.80
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
- -
- -
- -
- -
2022
0.26
0.26
0.25
0.23
1.00
2023
0.30
0.30
- -
- -
- -
Company Description
Sector:
Consumer Cyclical
Industry:
Luxury Goods
CEO:
Ms. Joanne C. Crevoiserat
Full-time employees:
12,600
City:
New York
Address:
10 Hudson Yards
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.
Recent News
· 21 Sep, 2021 · The Wall Street Journal
· 19 Aug, 2021 · The Wall Street Journal