Tapestry, Inc. (TPR) Is “Well Run,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed As He Commented On Latest Tariffs. Tapestry, Inc. (NYSE:TPR) is one of the stocks Jim Cramer recently discussed.

Tapestry, Inc. (NYSE:TPR) is a luxury apparel company whose shares have managed to withstand the broader pessimism in the retail and apparel sector. The stock is up by 49.9% year-to-date, with all these gains attributable to the 62% jump since early April. Tapestry, Inc. (NYSE:TPR)’s shares have gained due to several tailwinds such as robust earnings performance, which saw the firm raise its full-year revenue and EPS guidance to $6.95 billion and $5 in May. Cramer is impressed by Tapestry, Inc. (NYSE:TPR)’s performance, as he remarked:

“Now Tapestry’s the best story in the industry because of Coach being on fire. I know that Birkin went for a lot of money. That seems like to me like a [inaudible] but the Coach is doing incredibly well. And Ralph Lauren is doing well. We’ve got companies that I think can withstand the tariff.

A close-up of diverse group of people wearing the company’s small leather goods.

“Wow, that company’s so well run. They don’t promote themselves. Here we are again. Here we are again. Another all-time high. 20 billion, I know that it’s not that big.”

Previously, Cramer commented that weakness in Tapestry, Inc. (NYSE:TPR) was simply due to the zeitgeist:

“And Tapestry today. . .that’s just zeitgeist. That’s just people saying well look I. . .we’re pulling back, I’m going to get away from these uh expensive so to speak, apparel companies. And they’re not that expensive. But, it does, it’s worrisome, because no one can come out and say, hey listen, that’s not true. You have a zeitgeist moment that is really affecting everything. It’s a shame. Doesn’t have to be this way.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.