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Levi Strauss will report Q3 results Oct. 7; analysts forecast EPS of $0.36 and revenue of $1.62B, up from $0.34 and $1.54B last year.
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Stitch Fix reported a quarterly loss of $0.01 per share, beating consensus estimates of $0.06 loss by 83.33%, with revenues of $324.42 million slightly missing expectations. However, the stock has declined 43.1% year-to-date versus the S&P 500's 13.4% gain. The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.
Tapestry (TPR) projects fiscal 2027 revenues of $8.4-$8.5 billion with mid-single-digit growth, down from 17% prior year growth. The company targets 50 basis points of operating margin expansion despite tariff headwinds, expecting tariffs to be neutral year-over-year. Coach brand remains strong at 86% of revenues with ~36% operating margins, while Kate Spade continues to post operating losses. TPR expects adjusted EPS of $7.80-$7.90, representing low-double-digit growth.
Tapestry Inc. (TPR) presents a mixed investment case with Coach brand driving strong 24% revenue growth and high-single-digit growth expected in fiscal 2027, while Kate Spade continues to struggle with a 10% revenue decline and $27.2 million operating loss. The company expects $7.80-$7.90 EPS in fiscal 2027 with $1.7 billion in capital returns, but trades at a premium valuation that leaves little room for execution errors.