Tapestry shares lead the S&P 500 with a 16.8% gain in 2026, still 7.9% below the $161.97 peak

Tapestry (TPR) reported fiscal Q3 2026 results on May 7, 2026, with revenue of $1.9 billion, up 21% year over year, and non-GAAP EPS of $1.66, up 62%, topping expectations. The company raised its full-year outlook, projecting revenue of $7.95 billion and EPS of $6.95. Coach sales jumped 31% year over year, serving as the main growth engine. The stock is 7.9% below its 52-week high, but is up 16.8% year to date versus the S&P 500’s 9.2% gain, and analysts’ consensus is “Strong Buy” with a mean target of $166.21, implying 11.4% upside from current levels.