← BackTAPESTRY, INC. · Leather & Leather ProductsTPR
Low riskNext report: Around Nov 5 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Profitable, keeps 19% of sales as profit
- Sales up 14% last year
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 4.5% to their holdings in the quarter ending June 2026 (572 bought, 477 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$110.90+0.5% that day
- Company value
- $22.1B
- Share price times all shares
- Price vs profit (P/E)
- 15.2x
- You pay about $15 for each $1 of yearly profit
- Price vs sales
- 2.8x
- Company value is 2.8 times a year of sales
- Dividend yield
- 1.4%
- Yearly dividend as a share of today's price
- Cash vs value
- 4%
- Cash as a share of company value
- Debt vs value
- 11%
- Debt as a share of company value
From TPR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26 (worked out from yearly totals)$1.9B+8.9% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $8.0B, up 14% from the 12 months before.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.161.9%
- MissDebt under half of equityNot relying on borrowed money.4.32x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.19.1%
- MissProfitable every yearSteady profits, not one good year.8 of 9 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$1.8B
- PassShare count not growingNot diluting owners. Falling means buybacks.-22.2% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.77.8%
- Revenue
- $8.0B
- +14.2% vs prior year
- Total debt
- $2.4B
- 4.32x equity
- Current ratio
- 1.63x
- short-term assets / bills due
- Free cash flow
- $1.8B
- 22.6% of revenue
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 27, 2026- Revenue
- $1.9B
- +8.9% YoY
- EPS
- $1.69
- vs -$2.30
- Op. margin
- 23.6%
- +57.5 pts
- Gross margin
- 83.3%
- +7.0 pts
- Free cash flow
- $469.0M
- Share count
- -4.2%
- vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 2.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.5%Institutions added 4.5% to their holdings. 572 bought, 477 sold.
Shares held by institutions198.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-4.3%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
3.4x · $2.4B debtShares outstandingLatest reported
199MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 13
- Results filedMay 7
- Results filedFeb 5
- Results filedNov 6, 2025
- Results filedAug 14, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
SoldDenise KulikowskyChief People Officer
5,810 shares at $115.38 avg ($115.36 to $115.40) · $670K
- -22% of holdings
- Now owns 21,136 shares
- Not a pre-planned sale
- 2 transactions
- Filed 1 day after trade
- Also: Option exercise, Shares withheld for taxes
Stock awardScott A. RoeCFO and COO
20,931 shares
- Now owns 20,931 shares
- Exercise price $129.02
- Stock Option
- Filed 17 days after trade
Stock awardDavid E HowardChief Legal Officer, Secretary
8,373 shares
- Now owns 8,373 shares
- Exercise price $129.02
- Stock Option
- Filed 17 days after trade
Stock awardTodd KahnCEO and Brand President, Coach
31,397 shares
- Now owns 31,397 shares
- Exercise price $129.02
- Stock Option
- Filed 17 days after trade
Stock awardJoanne C. CrevoiseratChief Executive Officer
62,794 shares
- Now owns 62,794 shares
- Exercise price $129.02
- Stock Option
- Filed 17 days after trade
Stock awardDenise KulikowskyChief People Officer
7,326 shares
- Now owns 7,326 shares
- Exercise price $129.02
- Stock Option
- Filed 17 days after trade