Tapestry Inc is expected to report Q3 2026 revenue of $1.85 billion and adjusted EPS of $1.56, while its current stock price of $120.76 trades significantly below the consensus analyst price target of $161.16.
Investors are primarily focused on the performance of the core Coach brand, which remains the company's primary growth engine as it works to offset persistent sales declines at Kate Spade.
Analysts are looking for "low-teens" growth in Coach revenue and evidence of stabilizing demand in Greater China following the recent divestiture of the Stuart Weitzman business.
Sentiment heading into the report is cautiously constructive, bolstered by the company's aggressive share buyback program and a positive read-through from rival Capri Holdings’ recent earnings beat.