Tapestry Stock Outlook: Is Wall Street Bullish or Bearish?

New York-based Tapestry, Inc. (TPR) provides luxury accessories and branded lifestyle products around the globe. With a market cap of $16.2 billion, the company operates in Coach, Kate Spade, and Stuart Weitzman brand segments. These brands offer women’s handbags, women’s accessories, men’s products, and more.

Shares of TPR have significantly outpaced the broader market over the past 52 weeks. TPR has soared 93.2% over this period, while the broader S&P 500 Index ($SPX) has gained 8.6%. Moreover, shares of TPR are up 19.4% on a YTD basis, outpacing SPX’s 3.8% dip during the same time frame.