Tapestry Lifts Annual Targets, Beats Quarterly Estimates on Strong Demand for Tabby Bags

Coach handbag parent tumbled 12% after earnings. JPMorgan tells clients to buy the dip

Tapestry shares should gain, despite their plunge Thursday. The revival of the Coach brand will underpin a likely rally, according to JPMorgan.

Tapestry thinks it's cracked the code of 'expressive luxury' for Gen Z: a 'Goldilocks' combo of aspirational and approachable

Tapestry has a theory about why Gen Z keeps buying Coach bags: The brand is just fancy enough to feel like an achievement, and just affordable enough to actually be one. “Our price and brand positioning of expressive luxury is truly the Goldilocks of brand positioning in our industry,” Todd Kahn, CEO and brand president of Coach, told analysts on Wednesday. “On the one hand, we’re aspirational in design, fashion, and quality, yet extremely appro…

Tapestry (TPR) Q3 2026 Earnings Transcript

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Tapestry Revenues Rise 19% in Q3, Boosted By Coach and China

The company raised its full-year outlook again, after another quarter of strong growth from Gen Z favorite Coach.

As Gen Z embraces Coach, Tapestry raises expectations

CEO Joanne Crevoiserat described opportunity in footwear for what she ultimately sees as a $10 billion brand. Meanwhile, Kate Spade stumbled in Q3.

Tapestry lifts annual targets, beats quarterly estimates on strong demand for Tabby bags

May 7 (Reuters) – Coach parent Tapestry on Thursday raised its annual forecasts for the third time this year and beat quarterly profit and revenue estimates on resilient ​demand from younger shoppers for its sought-after Tabby handbags ‌and other leather goods. The affordable luxury retailer’s push to invest in fashion innovations, such as bag and book charms, has struck a chord with affluent Gen Z customers, helping its sales rise steadily for …