Tapestry(TPR) Shares Soar 0.28% On Earnings, Sustainability

Tapestry(TPR) shares surged to a record high today, with an intraday gain of 0.28%.

The strategy of buying TPR shares after they reach a recent high and selling them one week later delivered strong returns over the past five years. The strategy achieved a 135.77% return, vastly outperforming the benchmark, which remained at -100.00%. The excess return was 235.77%, indicating the strategy's ability to capitalize on price movements. With a CAGR of 40.85% and a maximum drawdown of 0.00%, the strategy also showcased robust risk-adjusted returns and minimal downside risk, as reflected by a Sharpe ratio of 1.14 and a volatility of 35.80%.

Tapestry's recent stock price surge can be attributed to several key factors. The company has demonstrated strong earnings performance, leading to an increase in its full-year revenue and EPS guidance. This robust financial performance has bolstered investor confidence and driven the stock price higher.

Additionally, Tapestry has made significant strides in sustainability by investing in Gen Phoenix, a company specializing in recycled leather materials. This includes a $15 million investment and a 3-year supply agreement for Coach and Kate Spade. These investments align with Tapestry's commitment to enhancing sustainable materials, which has positively influenced investor sentiment.

Furthermore, Tapestry's stock reached a new all-time high on July 14, 2025, touching $100.27. This milestone was supported by a strong technical "Buy" signal, further reinforcing the positive outlook for the company's stock.