Tapestry is a New York-based house of accessories and lifestyle brands. Co. has three reportable segments: Coach, which includes sales of Coach products to customers through Coach operated stores; Kate Spade, which includes sales of Kate Spade New York brand products to customers through Kate Spade operated stores; and Stuart Weitzman, which includes sales of Stuart Weitzman brand products through Stuart Weitzman operated stores. Co.'s products include women's handbag collections, women's accessories including small leather goods, men's products including bag collections, small leather goods, footwear, watches, sunglasses, accessories and ready-to-wear items, and other products. We show 57 historical shares outstanding datapoints in our TPR shares outstanding history coverage, used to compute TPR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Tapestry market cap history over the course of time is important for investors
interested in comparing Tapestry's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Tapestry versus a peer is one thing; comparing
Tapestry market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Tapestry can fluctuate over the course of history.
With this page we aim to empower investors researching Tapestry by allowing them to research the Tapestry market cap history. |
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Video: The Importance of Market Cap
