Tapestry Stock: Is Wall Street Bullish or Bearish?

With a market cap of $26.6 billion, Tapestry, Inc. (TPR) is a global accessories and lifestyle brand company operating across North America, Greater China, the rest of Asia, and other international markets through its three core brands: Coach, Kate Spade, and Stuart Weitzman. It designs and sells handbags, accessories, footwear, and ready-to-wear products through retail stores, outlets, e-commerce platforms, and shop-in-shop locations worldwide.

Shares of the New York-based company have significantly outperformed the broader market over the past 52 weeks. TPR stock has climbed 90.9% over this time frame, while the broader S&P 500 Index ($SPX) has increased 13.1%. In addition, shares of the company are up 9.7% on a YTD basis, compared to SPX’s marginal rise.