12:20 PM EST, 11/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $14 to $110, based on 20x our FY 26 (Jun.) EPS estimate and well above the company's three-year average forward P/E multiple of 11.8x, reflecting our view the company is deserving of a peer multiple after multiple years of strong performance, significant capital return programs, and pivot to focus on its two core brands. We maintain our FY 26 and FY 27 EPS estimates of $5.50 and $6.00 respectively. TPR posted normalized Q1 FY 26 (Jun.) EPS of $1.38 vs. $0.79, $0.12 above consensus estimates on revenues of $1.70B vs. $1.51B and $67M above estimates. The company completed the sale of its smallest brand, Stuart Weitzman, to Caleres Inc. (CAL) in August. By brand in Q1, Coach revenues increased 22% Y/Y to $1.43B, while Kate Spade sales declined 8% to $260M. The company experienced significant growth in its two largest markets with 18% growth in North America and 20% growth in Greater China. Japan revenues declined 7%, Other Asia increased 4%, and Europe increased 39%.