Tapestry, Inc.

• TPR Stock Price 24h change: -1.75%. From 130.69 USD to 128.40 USD. Market sentiment shifted slightly as investors weighed recent gains against broader sector volatility.
• From a technical perspective, TPR is currently showing a "neutral to slightly bearish" short-term signals with an RSI (14) of 44.01 and a MACD of -0.36, indicating selling pressure. However, the long-term trend remains supported, as the price stays above its 200-day moving average of 128.94 USD.
• BlackRock disclosed an 8.0% ownership stake in Tapestry, Inc. as of late January 2026, signaling continued institutional confidence in the luxury group’s long-term strategy.
• Tapestry announced it will host its fiscal 2026 second-quarter earnings conference call on February 5, 2026, where it is expected to discuss its FY2026 EPS guidance of $5.45–$5.60.
• Raymond James recently boosted its target price for TPR from $115 to $130, maintaining an "outperform" rating based on strong brand momentum and margin recovery.
• Burberry reported a 3% rise in comparable store sales for the holiday quarter, driven by strong demand from Gen-Z consumers in Asia, providing a positive read-through for the global luxury accessories sector.
• The owner of Saks Fifth Avenue, Saks Global, sought bankruptcy protection to restructure debt following its acquisition of Neiman Marcus, highlighting ongoing financial pressures in high-end retail.

• TPR Stock Price 24h change: -1.75%. From 130.69 USD to 128.40 USD.
• The stock slipped alongside a broader market decline, marking its fourth consecutive day of losses as it pulls back from recent 52-week highs near 136 USD.
• From a technical perspective, TPR maintains a "bullish long-term trend with short-term consolidation": the price remains above its 50-day and 200-day moving averages (approx. 119 USD and 111 USD), but recent momentum has weakened as the RSI retreated to a neutral 48, suggesting a healthy digestion of gains after outperforming 92% of the market over the past year.
• Massachusetts Financial Services Co. significantly increased its stake in Tapestry, purchasing over 1.75 million shares as institutional confidence remains high despite recent price volatility.
• Tapestry continues to benefit from its strong Q1 performance (EPS $1.38 vs. $1.25 est.) and the initiation of a 1 billion USD share buyback program following the termination of the Capri acquisition.
• Analyst sentiment remains "Moderate Buy," with Jefferies recently moving to a hold rating and a 138 USD price target, while Sanford C. Bernstein maintains an outperform rating with a 150 USD target.
• Saks Global, owner of Saks Fifth Avenue and Neiman Marcus, filed for Chapter 11 bankruptcy protection due to heavy debt and weakening luxury demand, owing major brands like Chanel and Kering hundreds of millions.
• Burberry reported a surprise 3% growth in comparable sales driven by a recovery in China, providing a momentary boost to the broader luxury sector and easing immediate concerns over global discretionary spending.