Insights Into Tapestry (TPR) Q2: Wall Street Projections for Key Metrics

Core Viewpoint - Analysts expect Tapestry (TPR) to report quarterly earnings of $2.20 per share, reflecting a 10% year-over-year increase, with revenues projected at $2.31 billion, up 5.2% from the previous year [1] Earnings Estimates - Revisions to earnings estimates are crucial indicators for predicting investor actions, with empirical research showing a strong correlation between earnings estimate trends and short-term stock performance [2] Key Metrics Projections - Analysts project 'Net Sales- Kate Spade' at $368.48 million, indicating a decline of 11.5% year-over-year [4] - 'Net Sales- Coach' is expected to reach $1.95 billion, reflecting a year-over-year increase of 14.1% [4] - 'Geographic Net Sales- Other International' is estimated at $182.80 million, showing an increase of 18.1% from the prior year [4] Geographic Sales Estimates - 'Geographic Net Sales- Other Asia' is forecasted at $241.51 million, down 5.1% from the previous year [5] - 'Geographic Net Sales- North America' is projected to be $1.60 billion, up 5.7% year-over-year [5] - 'Geographic Net Sales- Greater China' is estimated at $278.37 million, reflecting a 2% increase from the prior year [5] Kate Spade Specific Projections - 'Geographic Net Sales- Greater China- Kate Spade' is expected to be $9.69 million, indicating a decline of 19.3% year-over-year [6] - 'Geographic Net Sales- Other Asia- Kate Spade' is projected at $30.78 million, down 14% from the previous year [6] - 'Geographic Net Sales- Other- Kate Spade' is estimated at $26.19 million, reflecting a decrease of 4.8% year-over-year [7] Store Count Estimates - The total number of stores for Coach (North America + International) is expected to reach 945, up from 922 in the same quarter last year [7] - The total number of stores (EOP) is projected at 1,342, down from 1,393 year-over-year [8] - The total number of stores for Kate Spade (North America + International) is expected to be 357, compared to 379 in the same quarter last year [8] Stock Performance - Tapestry shares have shown a return of -4.6% over the past month, while the Zacks S&P 500 composite has increased by 0.9% [8] - TPR holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [9]