Tapestry, Inc. (NYSE:TPR – Get Free Report) declared a quarterly dividend on Thursday, August 13th. Stockholders of record on Friday, September 4th will be given a dividend of 0.4625 per share by the luxury accessories retailer on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, September 4th. This is a 15.6% increase from Tapestry’s previous quarterly dividend of $0.40.
Tapestry has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. Tapestry has a payout ratio of 29.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Tapestry to earn $8.77 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 18.2%.
Tapestry Trading Up 0.6%
Shares of Tapestry stock opened at $129.11 on Friday. The company has a fifty day simple moving average of $146.48 and a 200-day simple moving average of $144.63. Tapestry has a 12-month low of $93.00 and a 12-month high of $164.80. The company has a current ratio of 1.75, a quick ratio of 1.27 and a debt-to-equity ratio of 3.44. The stock has a market cap of $26.08 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 1.16 and a beta of 1.43.
More Tapestry News
Here are the key news stories impacting Tapestry this week:
- Positive Sentiment: Tapestry reported fiscal fourth-quarter EPS of $1.32, above the $1.28 consensus estimate, while revenue of $1.88 billion also topped expectations. Revenue increased 8.9% year over year, and earnings rose from $1.04 per share in the prior-year quarter. Tapestry fiscal 2026 fourth-quarter and full-year results
- Positive Sentiment: Coach continued to drive growth, supported by younger shoppers, higher average unit retail prices, unit expansion and international growth. Management said the brand’s momentum could remain durable through fiscal 2027, although growth may become more measured in the second half. Coach growth durability
- Positive Sentiment: The company raised its quarterly dividend 15.6% to $0.4625 per share, payable September 21 to shareholders of record September 4. Tapestry also plans approximately $1.7 billion in shareholder returns, supporting the stock’s income and capital-return appeal. Fiscal 2027 outlook and shareholder returns
- Neutral Sentiment: Fiscal 2027 EPS guidance of $7.80 to $7.90 is broadly in line with the roughly $7.82 analyst consensus, suggesting continued profit growth but limited upside relative to expectations. Tapestry earnings estimate beat
- Negative Sentiment: Management projected fiscal 2027 revenue of $8.4 billion to $8.5 billion, slightly below the $8.5 billion consensus. Investors viewed the outlook as disappointing after the quarterly beat, particularly because Kate Spade’s recovery is taking longer and tariff pressure remains a risk. Tapestry forecasts weak annual sales
About Tapestry
Tapestry, Inc is a New York City–based house of fashion brands that designs, produces and distributes a range of accessible luxury and lifestyle products. The company manages a portfolio led by Coach, along with Kate Spade New York and Stuart Weitzman, each offering distinct product lines that include handbags and leather goods, footwear, ready-to-wear apparel, accessories, small leather goods, jewelry and lifestyle items. Tapestry’s operations encompass product design, marketing, wholesale partnerships, retail store operations and digital commerce.
Historically, the Coach brand traces its roots to a leather workshop in New York dating to the mid-20th century.
Further Reading
- Five stocks we like better than Tapestry
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
Receive News & Ratings for Tapestry Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tapestry and related companies with MarketBeat.com's FREE daily email newsletter.
