Tapestry Secures New $2 Billion Credit Facility

Tapestry ( (TPR) ) has issued an announcement.

On May 22, 2025, Tapestry, Inc. announced a new $2 billion unsecured revolving credit facility to replace its existing credit facility from 2022. This new facility, maturing in 2030, is designed to support the company’s working capital needs, capital expenditures, and other corporate purposes. It offers flexibility with borrowing options in multiple currencies and includes provisions for letters of credit and swing line loans. The agreement also outlines various covenants and conditions, including a leverage ratio requirement and events of default, which could impact the company’s financial operations and stakeholder interests.

The most recent analyst rating on (TPR) stock is a Hold with a $52.00 price target. To see the full list of analyst forecasts on Tapestry stock, see the TPR Stock Forecast page.

Spark’s Take on TPR Stock

According to Spark, TipRanks’ AI Analyst, TPR is a Outperform.

Tapestry’s overall stock score of 76 reflects its strong financial performance, particularly in profitability and operational efficiency, alongside positive earnings call outcomes that underscore its market growth and strategic positioning. Technical analysis supports upward momentum, although the stock may be nearing overbought territory. Valuation appears reasonable but not significantly undervalued. Challenges with leverage and specific brand performance require monitoring.

To see Spark’s full report on TPR stock, click here.

More about Tapestry

Average Trading Volume: 5,769,689

Technical Sentiment Signal: Buy

Current Market Cap: $16.41B

See more data about TPR stock on TipRanks’ Stock Analysis page.