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Tapestry, Inc Value Stock - Dividend - Research Selection

Tapestry

ISIN: US8760301072 , WKN: A2JSR1

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Internet


Description of the company

Tapestry, Inc. provides luxury accessories and lifestyle brands. It offers handbags, wallets, money pieces, wristlets and cosmetic cases, key rings, and charms, as well as address books, time management accessories, sketchbooks, and portfolios for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, sunglasses, watches, novelty accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, gloves, scarves, and hats; jewelry, such as bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising perfume sprays, toilette sprays, purse sprays, and body creams for women. In addition, it offers children\'s wear, tech and home decor products; and weekend and travel accessories, travel bags, and other lifestyle products. Further, the company licenses rights to market and distribute its eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of Coach-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland, as well as to wholesale customers and distributors in approximately 55 countries. The company sells its Stuart Weitzman products through department stores; independent third party distributors; and stores, including the Internet. It operates approximately 1,300 stores under the Coach, kate spade new york, and Stuart Weitzman brands. 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.

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Tapestry (TPR) has been drawing attention after recent share moves, with the price closing at US$115.82. Investors are weighing this performance against its mixed near term and longer term return profile. In the short term, Tapestry’s share price return has been weak, with the 90-day move down 17.7% and the year-to-date share price return down 10.3%. However, the 3-year total shareholder return of about 3.5x indicates a much stronger performance over a longer period. Compare Tapestry’s mixed...

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What Tapestry (TPR)'s Mixed Quarter and Cautious Outlook Means For Shareholders

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The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Tapestry (NYSE:TPR) and the rest of the consumer discretionary - apparel and accessories stocks fared in Q2.