MGM Resorts International vs Tapestry, Inc. — how do they compare? MGM Resorts International trades at $43.5 (market cap $10.91B), while Tapestry, Inc. trades at $161 (market cap $33.29B). The key difference: Tapestry, Inc. is far larger — about 3.1× MGM Resorts International's market cap, and Tapestry, Inc. pays the higher dividend (0.97%). Which is the better fit depends on your goals.
| MGM | TPR | |
|---|---|---|
Market Cap | $10.91B | $33.29B |
Sector | Consumer Cyclical | Consumer Cyclical |
52-Week High | $50.69 | $164.78 |
52-Week Low | $30.72 | $95.69 |
Enterprise Value | $38.21B | $36.15B |
Dividend Yield | 0.03% | 0.97% |
Trailing returns across standard periods
Latest headlines on both assets
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women's footwear.
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