Tapestry Earnings Reports

Tapestry delivered a record first quarter with revenue of $1.70B and GAAP EPS of $1.28, driven by double-digit growth at Coach. The company raised its full-year revenue and earnings guidance.

Tapestry, Inc. achieved record fourth-quarter revenue of $1.72 billion driven by strength in the Coach brand, but posted a GAAP net loss of $517 million due to impairment charges related to Kate Spade.

Tapestry delivered strong results in the third quarter of fiscal 2025, with revenue increasing 7% and GAAP diluted EPS up 60% compared to the prior year. This performance was driven by robust growth in the Coach brand and expansion in gross and non-GAAP operating margins. The company also raised its full-year outlook for revenue, earnings, and cash flow.

Tapestry, Inc. reported strong second-quarter results, with record revenue of $2.2 billion, a 5% increase year-over-year, driven by 10% growth at Coach. The company raised its fiscal year 2025 outlook for revenue, operating margin, EPS, and free cash flow. Diluted EPS was $1.38 on a reported basis and a record $2.00 on a non-GAAP basis.

Tapestry, Inc. reported fiscal 2025 first quarter results with revenue approximately in-line with prior year and earnings ahead of the company's outlook, led by growth at Coach. The company achieved diluted EPS of $0.79 and record non-GAAP diluted EPS of $1.02. Tapestry is raising its Fiscal 2025 outlook.

Tapestry, Inc. reported Q4 results exceeding expectations, with net sales of $1.59 billion. The company's gross profit reached $1.19 billion, and net income was $159 million, resulting in earnings per diluted share of $0.68. Non-GAAP earnings per diluted share was $0.92. The company is focused on driving growth and shareholder value.

Tapestry, Inc. reported fiscal third-quarter results that exceeded expectations, driven by gross margin expansion. The company maintained its EPS outlook for fiscal year 2024 and generated robust operating and free cash flow.

Tapestry, Inc. reported record Q2 revenue of $2.1 billion and EPS, driven by brand building and disciplined execution. The company raised its fiscal year 2024 EPS outlook based on these strong results.

Tapestry, Inc. reported record first quarter revenue of $1.51 billion and EPS of $0.84, with non-GAAP EPS of $0.93. The company saw growth in international revenue, particularly in Japan and Greater China, and maintained its Fiscal Year 2024 earnings per share and operating cash flow outlook.

Tapestry, Inc. reported its fiscal fourth-quarter results, achieving revenue of $1.62 billion, in line with the prior year. The company's diluted EPS increased by over 20% to $0.95, driven by significant gross margin expansion. Tapestry also announced a definitive agreement to acquire Capri Holdings Limited.

Tapestry, Inc. reported strong third-quarter results, exceeding expectations with revenue growth of 5% on a reported basis and 9% on a constant currency basis. The company expanded both gross and operating margins and increased diluted EPS by over 50% compared to the previous year. Tapestry is raising its Fiscal 2023 revenue and earnings outlook due to its outperformance in the third fiscal quarter.

Tapestry, Inc. reported record second quarter earnings, exceeding expectations despite a challenging environment. Revenue was $2.03 billion, and diluted EPS was $1.36. The company is raising its Fiscal 2023 earnings outlook.

Tapestry reported a record first quarter revenue of $1.51 billion, a 2% increase year-over-year, with diluted EPS of $0.79. The company is maintaining its fiscal 2023 earnings expectation, excluding incremental currency headwinds, and remains on track to return $1 billion to shareholders in fiscal 2023.

Tapestry, Inc. reported a strong fourth quarter and full-year fiscal 2022, with record annual sales of $6.7 billion and significant digital revenue growth. The company's focus on the consumer and successful execution of its Acceleration Program drove accelerated revenue and profit growth across its portfolio.

Tapestry, Inc. reported strong fiscal third quarter results, with revenue growth of 13% compared to the prior year. The company's performance was led by continued strong growth in North America, which offset a decline in Mainland China due to Covid-related pressures. Tapestry is now on track to return approximately $1.9 billion to shareholders in Fiscal 2022 and announced a new $1.5 billion share buyback authorization.

Tapestry, Inc. reported record sales for the holiday quarter, driven by growth at Kate Spade and Coach, and a return to pre-pandemic revenue levels at Stuart Weitzman. The company raised its revenue, operating income, and EPS guidance for the fiscal year.

Tapestry, Inc. reported a strong first quarter in fiscal 2022, with revenue increasing by 26% compared to the prior year and 9% compared to pre-pandemic levels. The company's performance was driven by growth in North America, Digital, and China. As a result, Tapestry raised its FY22 revenue and EPS outlook.

Tapestry, Inc. reported strong Q4 results, with revenue exceeding pre-pandemic levels, driven by growth at Coach, strength in Digital, and strong trends in Mainland China. The company announced the reinstatement of its dividend and share repurchase programs, planning to return over $750 million to shareholders in Fiscal 2022.

Tapestry, Inc. reported fiscal third quarter results significantly ahead of expectations, driven by the Acceleration Program and brand enthusiasm. The company saw robust sales growth led by Digital and China, achieved operating income gains for the third consecutive quarter, and expanded gross margin across brands.

Tapestry, Inc. reported fiscal 2021 second quarter results that significantly outpaced expectations, driven by the successful execution of their Acceleration Program, with a sharpened focus on the consumer, new customer acquisition across all brands, and notable sales gains in Digital and China. The company generated strong operating income growth supported by a reduction in promotional activity and higher AUR, as well as disciplined inventory and expense management.

Tapestry, Inc. reported strong first quarter results, exceeding expectations with significant profit growth, driven by digital and China strength, gross margin expansion, and SG&A expense control. The company generated positive free cash flow and ended the quarter with $1.5 billion in cash and equivalents.

Tapestry, Inc. reported fiscal 2020 fourth quarter results, exceeding internal expectations. The company saw triple-digit e-commerce growth and a return to positive sales growth in Mainland China. They also significantly expanded gross margins and reduced SG&A expenses.

Tapestry Inc. reported a significant weakening of results in the fiscal third quarter due to the global expansion of the novel coronavirus. Net sales totaled $1.07 billion, a decrease from $1.33 billion in the prior year. The company is implementing aggressive measures to maintain a strong financial position and adapt to changing consumer behaviors.

Tapestry, Inc. reported a 1% increase in net sales to $1.82 billion for the fiscal second quarter. Coach's sales increased by 2%, while Kate Spade's sales remained relatively flat and Stuart Weitzman's sales decreased by 7%. The company anticipates a negative impact from the coronavirus outbreak in China, estimating a potential reduction of $200-$250 million in sales and $0.35-$0.45 in diluted earnings per share for the second half of the fiscal year.