Tapestry (TPR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.32
- Estimate
- $1.28
- Surprise
- +3.4%
- Revenue (period 2026-06-27)
- $1.88B
- Score at report (before → after)
- 6.6 → 6.6/10
Revenue source: xbrl.
How the report landed
Tapestry (TPR) beat the $1.28 estimate with adjusted EPS of $1.32 — a clear 3.4% upside surprise. TrendMatrix's engine moved from Sell (6.6/10) to Buy (Wait) at 6.6/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TPR Sell at 6.2/10.
3 of the last 4 quarters beat the estimate; this quarter's +3.4% surprise compares with a +19.1% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.2 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Product: Coach segment (86.4%)
- Sector modifier (Consumer Cyclical): -1.5
- Leverage penalty (D/E 5.7): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $111.24
- Price target
- $145.37
- Stop
- $105.85
- Upside to target
- +30.7%
- Reward-to-risk
- 5.7:1
The stock trades at 15.3× trailing but 12.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
TPR at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Luxury Goods
- Market cap
- $22.07B
- P/E (fwd)
- 12.5
- P/E (ttm)
- 15.3
- 52-week range
- $93.00–$164.80
- Off 52-week high
- 32.5%
- RSI (14)
- 38
- Volume vs avg
- 1.00×
- Score today
- 6.2/10