Tapestry Inc. (NYSE:TPR) traded at a new 52-week high today of $37.76. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 4.8 million shares.
Tapestry Inc. (NYSE:TPR) has potential upside of 32.0% based on a current price of $37.37 and analysts’ consensus price target of $49.32.
Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm’s products are sold through about 1,500 company-operated stores, wholesale channels, and e-commerce in North America (62% of fiscal 2020 sales), Europe, Asia (32% of fiscal 2020 sales), and elsewhere. Coach (71% of fiscal 2020 sales) is best known for affordable luxury leather products. Kate Spade (23% of fiscal 2020 sales) is known for colorful patterns and graphics. Women’s handbags and accessories produced 68% of Tapestry’s sales in fiscal 2020. Stuart Weitzman, Tapestry’s smallest brand, generates nearly all (98%) of its revenue from women’s footwear.
Tapestry Inc. share prices have moved between a 52-week high of $37.76 and a 52-week low of $10.18 and are now trading 267% above that low price at $37.37 per share.
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