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Barchart
Barchart
Aditya Sarawgi

Tapestry Earnings Preview: What to Expect

Tapestry TPR Coach Kate Spade Stuart Weitzman

Valued at $22.7 billion by market cap, New York-based Tapestry, Inc. (TPR) provides luxury accessories and branded lifestyle products in North America, Asia, and internationally. The company operates through Coach, Kate Spade, and Stuart Weitzman segments and offers various high-end products for men and women.

Tapestry is set to announce its fourth-quarter results before the markets open on Thursday, Aug. 14. Ahead of the event, analysts expect TRP’s profits to come in at $1 per share, up 8.7% from $0.92 per share reported in the year-ago quarter. Furthermore, the company has surpassed the Street’s bottom-line projections in each of the past four quarters.

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