Loading...
•
Jan 01, 2022
Tapestry Q2 2022 Earnings Report
Tapestry achieved record holiday revenue and increased full-year guidance.
Key Takeaways
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.
Drove revenue growth of 27% compared to prior year.
Revenue increased 18% versus FY20 pre-pandemic levels.
Reported GAAP EPS of $1.15.
Delivered Non-GAAP EPS of $1.33, significantly outpacing expectations.
Tapestry
Tapestry
Tapestry Revenue by Segment
Revenue by Segment
Coach Revenue
CapyFin.comKate Spade Revenue
CapyFin.comStuart Weitzman Revenue
CapyFin.com Forward Guidance
The Company is increasing its outlook for Fiscal 2022 and now expects the following: Revenue of approximately $6.75 billion, Earnings per diluted share of $3.60 to $3.65
Revenue & Expenses
Visualization of income flow from segment revenue to net income