Tapestry, Inc. (NYSE:TPR) receives a "Buy" rating from BTIG with a new price target of $175.Thrivent Financial for Lutherans sells 43.3% of its Tapestry shares, while Keybank National Association OH increases its stake by 14.8%.The National Pension Service invests approximately $608,000 in Tapestry, indicating growing interest from institutional investors.Tapestry, Inc. (NYSE:TPR), a renowned luxury accessories retailer known for brands like Coach, Kate Spade, and Stuart Weitzman, has been the subject of va ...

We recently published 10 Stocks Withstanding Market Turbulence. Tapestry Inc. (NYSE:TPR) was one of the best performers on Thursday. Tapestry soared to a new all-time high on Thursday, as investors digested the company’s strong earnings performance in the second quarter of fiscal year 2026, alongside a higher growth outlook for the full year. At intra-day trading, the stock climbed to its highest price of $145.42 before trimming gains to finish the session just up by 10.21 percent at $143.19 apiece. In ...

Core Viewpoint - Tapestry, Inc. is a prominent player in the retail apparel and shoes industry, recognized for its luxury brands and strategic growth initiatives [1] Earnings Expectations - Tapestry is scheduled to release its quarterly earnings report on February 5, 2026, with analysts forecasting an earnings per share (EPS) of $2.20 and revenue of approximately $2.32 billion [2][6] Historical Performance - The company has a track record of exceeding earnings estimates, with a recent average surprise of 6.69% and a notable earnings report last quarter where it achieved $1.38 per share against a consensus estimate of $1.25, resulting in a 10.40% surprise [3][4][6] Financial Health - Tapestry's financial metrics include a high P/E ratio of 101.50, a price-to-sales ratio of 3.69, and an enterprise value to sales ratio of 4.17, indicating strong market valuation. The debt-to-equity ratio stands at 10.51, reflecting significant reliance on debt, while the current ratio of 1.52 suggests sufficient liquidity to meet short-term obligations [5][6]

Group 1: Seasonal Patterns Overview - The article discusses five seasonal trading patterns that have consistently delivered high returns over time [2][27] - These patterns are based on historical data and are designed to provide actionable trading opportunities [27] Group 2: Tapestry Inc. - Tapestry Inc. (NYSE:TPR) has a seasonal pattern that starts now, with a return on investment (ROI) of 192% over a duration of 35 days [3][5] - The company is known for luxury brands like Coach, Kate Spade, and Stuart Weitzman, and performs well when consumer spending confidence is high [5][6] Group 3: Costco Wholesale Corp. - Costco (NASDAQ:COST) has a seasonal pattern starting in February, with an ROI of 50% over 13 days [7][10] - The company operates on a bulk-buy model and maintains a loyal membership base, making it resilient in volatile markets [9][10] Group 4: SPDR Gold Shares - SPDR Gold Shares (NYSE:GLD) has a seasonal pattern starting in March, with an ROI of 153% over 23 days [10][15] - This pattern aligns with current market momentum and is particularly relevant given the rising gold prices amid economic uncertainty [15][16] Group 5: The Progressive Corp. - The Progressive Corp. (NYSE:PGR) has a seasonal pattern starting on May 16, with an ROI of 128% over 50 days [18][20] - The company is recognized for its strong underwriting and steady revenue, making it a reliable performer during market stress [20][21] Group 6: JPMorgan Chase & Co. - JPMorgan Chase (NYSE:JPM) has a seasonal pattern starting on October 20, with an ROI of 112% over 77 days [22][23] - As the largest bank in the U.S., it is sensitive to interest rate changes and provides insights into market sentiment [25][26]

Core Viewpoint - Caleres has appointed Dan Karpel as interim chief financial officer following the departure of Jack Calandra, with the company beginning an external search for a permanent successor [1][3] Group 1: Leadership Changes - Dan Karpel has been appointed as interim CFO, effective immediately, succeeding Jack Calandra who is leaving for other opportunities [1] - Karpel has over 30 years of accounting and finance experience, having previously served as CFO for various companies [2] - The company expressed confidence in Karpel's familiarity with Caleres and his financial expertise to ensure a smooth transition [3] Group 2: Financial Outlook - Caleres is currently evaluating the impact of the Saks Global bankruptcy, which may lead to sales volatility and a potential $0.06 risk to fourth quarter earnings per diluted share guidance [3] - The company may incur unexpected restructuring charges, but the sales and earnings outlook for the fourth quarter and fiscal 2025 remains in line with previous guidance [3] Group 3: Company Overview - Caleres is a leading portfolio of global footwear brands, including Famous Footwear, Sam Edelman, and Stuart Weitzman, with nearly 1,000 retail stores and a strong online presence [4] - The company has a legacy of nearly 150 years in craftsmanship and a mission to inspire people to feel great, focusing on fit [4]

Core Insights - Tapestry Inc. is recognized as one of the best performing stocks in the S&P 500 for 2025, with analysts raising price targets due to anticipated favorable market conditions heading into 2026 [1][2][3] Analyst Ratings and Price Targets - Baird analyst Mark Altschwager increased Tapestry's price target to $140 from $130, maintaining an Outperform rating, citing expected consumer stimulus and revenue growth as tariffs' initial impact diminishes [1] - Wells Fargo analyst Ike Boruchow raised the price target to $135 from $125 with an Overweight rating, highlighting resilient holiday consumer spending, favorable tax policy changes, and potential corporate benefits from tariff adjustments as key factors [2] - Jefferies analyst Ashley Helgans set a new price target of $142 from $135 while keeping a Buy rating, emphasizing the importance of strong existing momentum in the current market [3] Company Overview - Tapestry Inc. operates in the accessories and lifestyle brand sector, with a presence in North America, Greater China, and other international markets, structured into three segments: Coach, Kate Spade, and Stuart Weitzman [4]

Core Insights - Caleres completed the acquisition of Stuart Weitzman for $120.2 million in August 2023, which is expected to impact future earnings significantly [1][6] - The footwear brand reported net sales of $790.1 million for the 13 weeks ending November 1, 2025, marking a 6.6% increase from $740.9 million in the same period last year [1] - Direct-to-consumer sales represented approximately 71% of total net sales in the reported quarter [1] Financial Performance - Gross profit for Caleres increased to $329.9 million in Q3, up from $326.9 million in the prior year, but gross margin decreased by 230 basis points to 41.8% [2] - SG&A expenses rose to $311.3 million, accounting for 39.4% of net sales, an increase of 310 basis points from the previous year, largely due to costs associated with Stuart Weitzman [3] - GAAP net earnings fell sharply to $2.4 million, or $0.07 per diluted share, compared to $41.4 million, or $1.19 per diluted share, in the prior-year period [4] Inventory and Outlook - Inventory at the end of the quarter was $678.2 million, an increase of $92 million year-over-year, with Stuart Weitzman contributing $77 million to this total [5] - For the remainder of fiscal 2025, the company anticipates ongoing tariff headwinds affecting gross margin and expects GAAP loss per diluted share between $0.13 and $0.18, with adjusted earnings per diluted share between $0.55 and $0.60, factoring in dilution from Stuart Weitzman [6] - The company plans to transition the Stuart Weitzman business to its systems and address aged inventory, aiming for long-term growth and profitability starting in fiscal 2026 [7]

Third Quarter 2025 Performance - Sales reached $790 million, a 6.6% increase compared to Q3 2024[11, 13] - Adjusted Earnings Per Share (EPS) stood at $0.38[11, 13] - Gross margin was 42.7%, a decrease of 140 bps compared to Q3 2024[13] - Inventory increased by 15.8%[13] Performance Excluding Stuart Weitzman - Sales were $744 million, a 0.4% increase compared to Q3 2024[14, 15] - Adjusted EPS was $0.67[14, 15] - Gross margin was 42.5%, a decrease of 160 bps compared to Q3 2024[14, 15] - Inventory increased by 2.6%[14, 15] Segment Performance - Famous Footwear sales were $419 million, a 2.2% decrease compared to Q3 2024, with comparable sales down 1.2%[16, 17, 18] - Brand Portfolio sales were $384 million, an 18.8% increase compared to Q3 2024 including Stuart Weitzman, and up 4.6% excluding Stuart Weitzman[22] Outlook - Q4 Famous Footwear comparable sales are expected to be flat, with total sales down low single digits[29] - Q4 Brand Portfolio sales are expected to be flat-to-up 1% on an organic basis, with Stuart Weitzman sales adding $55 - $60 million[29] - Full-year adjusted diluted EPS is projected to be $0.55 to $0.60 including Stuart Weitzman, and $1.15 to $1.25 excluding Stuart Weitzman[29]

Core Insights - Caleres Inc. reported third-quarter earnings that fell below analyst expectations, leading to an over 18% drop in pre-market trading [1] - The company achieved net sales of $790.1 million, a 6.6% increase from $740.9 million in the same quarter last year, but adjusted net earnings decreased significantly [1][2] Financial Performance - Net sales for the third quarter of fiscal 2025 were $790.1 million, exceeding analyst expectations of $768.59 million [1][2] - Adjusted net earnings were $13.1 million, or 38 cents per diluted share, down from $42.6 million, or $1.23 per diluted share, in the third quarter of 2024 [1] Segment Analysis - Famous Footwear experienced a net sales decrease of 2.2%, with comparable sales down 1.2% [3] - The brand portfolio division reported a net sales increase of 18.8%, with a 4.6% increase when excluding Stuart Weitzman [3] Management Commentary - CEO Jay Schmidt stated that the company’s sales results were ahead of internal expectations, highlighting organic sales growth and strong performance from lead brands [4][5] - The CEO acknowledged pressures on earnings from tariffs and acquisition dilution but noted improvements in business fundamentals [5] Future Outlook - The company expects continued tariff pressure on gross margin and earnings dilution from Stuart Weitzman [6] - Caleres anticipates a GAAP loss per diluted share for the fourth quarter, with full-year GAAP loss projected between 13 cents to 18 cents and adjusted earnings per diluted share between 55 cents to 60 cents, including dilution from Stuart Weitzman [7]

Core Insights - Tapestry, Inc. is recognized as a potential turnaround story in the retail sector, with positive developments under the leadership of Joanne Crevoiserat [1][2] - The company is part of a group of retailers that have performed better than expected, alongside brands like Ralph Lauren and Walmart, despite a general slowdown in hiring [2] Company Overview - Tapestry, Inc. designs and sells a variety of products including handbags, accessories, footwear, and apparel, with notable brands such as Coach, Kate Spade, and Stuart Weitzman [2] Market Performance - The stock has been highlighted for its strong performance, with Jim Cramer noting that Tapestry is among retailers that have exceeded expectations in a challenging market environment [2]