Is Tapestry Stock Outperforming the S&P 500?

With a market cap of $14.6 billion, Tapestry, Inc. (TPR) provides luxury accessories and branded lifestyle products in North America and internationally. Founded in 1941, the New York-based company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. The company offers men’s and women’s accessories, footwear, watches, fragrances, and other products.

Companies worth $10 billion or more are generally described as “large-cap” stocks, and TPR fits right into that category, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the luxury goods industry.