Jim Cramer on Tapestry (TPR): “I Want to Be With the Company”

Jim Cramer expressed his desire to invest in Tapestry, Inc. following the company's recent financial performance, despite the stock's sharp decline. On the September 9 episode of Mad Money, Cramer questioned why the stock, which previously delivered strong results, had fallen by 16.5% in a single session after reporting its fiscal 2026 results.

Since then, the stock has dropped another 30% over the past month, even though Tapestry reported a healthy beat in both earnings and revenue growth, with a 28% increase in earnings and a 14% rise in revenue. Cramer acknowledged that the forecast for fiscal 2026 might have been a bit light, but he remained convinced that the stock's decline was at odds with the company's robust fundamentals.