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.
Achieved record third quarter revenue of $1.6 billion, a 7% increase year-over-year.
Reported GAAP diluted EPS of $0.95, up 60% from the prior year.
Non-GAAP diluted EPS was $1.03, an increase of 27% compared to the prior year.
Experienced strong growth in the Coach brand, with revenue increasing 13%.
Tapestry is raising its fiscal year 2025 outlook, expecting revenue growth and improved profitability.
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