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
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.
4 of the last 4 quarters beat the estimate; this quarter's +3.4% surprise compares with a +15.2% 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 (4/4)
What argues against it
- Concentration risk — Product: Coach (79.9%)
- 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
- $111.90
- Price target
- $149.85
- Stop
- $106.50
- Upside to target
- +33.9%
- Reward-to-risk
- 5.4:1
The stock trades at 15.5× trailing but 12.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 29 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — 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
- $22.03B
- P/E (fwd)
- 12.4
- P/E (ttm)
- 15.5
- 52-week range
- $93.00–$164.80
- Off 52-week high
- 32.1%
- RSI (14)
- 29
- Volume vs avg
- 0.10×
- Score today
- 6.2/10