GME
GameStop Corp.
GME offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
TPR
Tapestry, Inc.
TPR has the edge over GME overall, supported by stronger modeled upside and lower modeled downside.
GME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Unavailable |
GME's profitability and cash flow are currently strong, and its revenue is stable. There isn't enough data to rate its balance sheet.
TPR Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
TPR's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
GME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 17x | $25.62 | — |
| Cheap | 18x | $27.96 | +9.1% |
| Forward | 38x | $25.62 | — |
| Fair | 43x | $66.84 | +161% |
| Expensive | 252x | $388 | +1414% |
Historical ranges are pointers, not guarantees.
GME has the edge over TPR in the historical PE scenario, which offers more potential upside but is not a forecast.
TPR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $79.97 | -40% |
| Fair | 13x | $104 | -22% |
| Forward | 16x | $133 | — |
| Current | 17x | $133 | — |
| Expensive | 39x | $303 | +128% |
Historical ranges are pointers, not guarantees.
TPR's PE is in its fair range at 17x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
GME Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong decline | |
| Strong decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect GME's earnings and revenue to decline, with profitability weakening.
TPR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
TPR has the edge over GME on the outlook, with more favorable valuation and earnings expectations.
GME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.67 | -56% |
| Q3 2026 | $1.54 | +93% |
| Q2 2026 | $1.34 | +153% |
| Q1 2026 | $0.77 | +133% |
| Q4 2025 | $0.89 | +394% |
| Q3 2025 | $0.80 | +515% |
| Q2 2025 | $0.53 | +563% |
| Q1 2025 | $0.33 | +1550% |
| Q4 2024 | $0.18 | +$0.21 |
GME has the edge over TPR on earnings, with more consistent year-over-year improvement.
TPR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.46 | +9.2% |
| Q3 2026 | $7.75 | +492% |
| Q2 2026 | $7.27 | +787% |
| Q1 2026 | $3.31 | -13% |
| Q4 2025 | $2.61 | -24% |
| Q3 2025 | $1.31 | -62% |
| Q2 2025 | $0.82 | -77% |
| Q1 2025 | $3.79 | +0.3% |
| Q4 2024 | $3.44 | -13% |
TPR's earnings per share have jumped to their highest in seven years: $7.75 over the past year, up from $1.31 the year before.
GME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $790.2M | -19% |
| Q2 2026 | $835.3M | +14% |
| Q1 2026 | $1.1B | -14% |
| Q4 2025 | $821M | -4.6% |
| Q3 2025 | $972.2M | +22% |
| Q2 2025 | $732.4M | -17% |
| Q1 2025 | $1.3B | -28% |
| Q4 2024 | $860.3M | -20% |
GME's revenue has slid since its 2022 peak: $790M last quarter, down 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +13 points |
| Q2 2026 | 17% | +19 points |
| Q1 2026 | 12% | +6 points |
| Q4 2025 | 5% | +8.9 points |
| Q3 2025 | 6.8% | +9.6 points |
| Q2 2025 | -1.5% | +4.3 points |
| Q1 2025 | 6.2% | +3.1 points |
| Q4 2024 | -3.9% | -2.5 points |
GME's operating margin was 20% last quarter, up 13 points from the same quarter a year ago, near the top of its range since 2019.
TPR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.9B | +11% |
| Q2 2026 | $1.9B | +8.9% |
| Q1 2026 | $1.9B | +21% |
| Q4 2025 | $2.5B | +14% |
| Q3 2025 | $1.7B | +13% |
| Q2 2025 | $1.7B | +8.3% |
| Q1 2025 | $1.6B | +6.9% |
| Q4 2024 | $2.2B | +5.3% |
TPR has the edge over GME on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | +3.1 points |
| Q2 2026 | 24% | +57 points |
| Q1 2026 | 22% | +6.3 points |
| Q4 2025 | 29% | +6.2 points |
| Q3 2025 | 19% | +2.5 points |
| Q2 2025 | -34% | -49 points |
| Q1 2025 | 16% | +2.2 points |
| Q4 2024 | 22% | +1 points |
TPR has the edge over GME on profitability, with a higher operating margin.
GME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $60.7M | -46% |
| Q2 2026 | $332.9M | +76% |
| Q1 2026 | $187.4M | +18% |
| Q4 2025 | $107M | +435% |
| Q3 2025 | $113.3M | +73% |
| Q2 2025 | $189.6M | +$304.3M |
| Q1 2025 | $158.8M | +$177.5M |
| Q4 2024 | $20M | +80% |
GME has the edge over TPR on cash flow, with more consistent year-over-year improvement.
TPR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $149M | +86% |
| Q2 2026 | $469M | +14% |
| Q1 2026 | $225.8M | +99% |
| Q4 2025 | $1B | +118% |
| Q3 2025 | $80.2M | -15% |
| Q2 2025 | $411.5M | +96% |
| Q1 2025 | $113.4M | +44% |
| Q4 2024 | $475.1M | -41% |
TPR generated $1.9B in free cash flow over the past year, up 74% from the year before.
GME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +300K shares |
| 1 year | +8.4% | +46.1M shares |
| 3 years | +94% | +288M shares |
| 5 years | +104% | +302M shares |
| Available history | +80% | +264M shares |
GME has 593M diluted shares, up 8.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2021 | — |
| Q4 2020 | — |
| Q1 2020 | $21.8M |
| Q4 2019 | $114M |
TPR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -5.7M shares |
| 1 year | -5.1% | -11M shares |
| 3 years | -12% | -28M shares |
| 5 years | -28% | -80.7M shares |
| Available history | -26% | -72.2M shares |
TPR has the edge over GME on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $603M |
| Q2 2026 | $302.7M |
| Q1 2026 | $150.2M |
| Q4 2025 | $403.5M |
| Q3 2025 | $698.2M |
| Q2 2025 | $53.4M |
| Q1 2025 | $52.3M |
| Q2 2024 | — |
TPR spent $1.5B buying back its own shares over the past year.
GME Net Leverage
TPR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 1.3x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 1.2x | Healthy |
| Q4 2024 | 1.3x | Healthy |
TPR's net debt is less than a year of its operating earnings (EBITDA), down from 3.0 years a year ago.
GME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.9 | Neutral |
| Stochastic | 68.5 | Neutral |
GME's weekly RSI is 60 (neutral) and its Stochastic is 69 (neutral).
TPR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 32.5 | Neutral |
TPR's weekly RSI is 53 (neutral) and its Stochastic is 33 (neutral).
GME PE vs Consumer Cyclical Sector
| Metric | GME | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 7.7% below |
| PE % | 15 | 47 | 32 pts below |
GME has the edge over TPR on valuation relative to its sector.
TPR PE vs Consumer Cyclical Sector
| Metric | TPR | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 5% below |
| PE % | 65 | 47 | 18 pts above |
TPR is trading at 17x earnings, in line with the Consumer Cyclical sector's median of 18x.
GME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.2 | 1.8% above |
| 20 week MA | $22.4 | 15% above |
| 50 week MA | $22.6 | 13% above |
| 100 week MA | $24.0 | 7% above |
| 200 week MA | $21.8 | 17% above |
GME has the edge over TPR on trend strength, trading above more of its moving averages.
TPR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $120.1 | 10% above |
| 20 week MA | $129.2 | 2.6% above |
| 50 week MA | $135.5 | 2.1% below |
| 100 week MA | $112.0 | 18% above |
| 200 week MA | $76.6 | 73% above |
TPR's trend is mixed: it's above four of its five weekly moving averages, and 73% above its 200-week average.
GME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.48 | $5.04 | +241% |
| 2021 | $5.04 | $38.0 | +655% |
| 2022 | $38.0 | $20.1 | -47% |
| 2023 | $20.1 | $17.5 | -13% |
| 2024 | $17.5 | $32.2 | +84% |
| 2025 | $32.2 | $21.1 | -35% |
| 2026 YTD | $21.1 | $25.6 | +21% |
GME has the edge over TPR on returns for 2026, with the stronger performance.
TPR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.9 | $30.9 | +15% |
| 2021 | $30.9 | $41.3 | +34% |
| 2022 | $41.3 | $37.4 | -9.3% |
| 2023 | $37.4 | $36.8 | -1.6% |
| 2024 | $36.8 | $65.9 | +79% |
| 2025 | $65.9 | $131.3 | +99% |
| 2026 YTD | $131.3 | $132.6 | +1% |
TPR has finished higher in four of the last six years, two of them by more than 50%. It's up 1% so far in 2026.