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-0.00079428117553617 -0.00079428117553617 -0.0045009266613715 0.00238284352660832 0.00608948901244366 0.0158856235107228 0.0308445856499867 0.0475244903362457
Stock impact report

Tapestry (NYSE:TPR) Misses Q1 Sales Targets [Yahoo! Finance]

Tapestry, Inc. (TPR) 
Last tapestry, inc. earnings: 4/30 06:45 am Check Earnings Report
US:NYSE Investor Relations: tapestry.com/investors
Company Research Source: Yahoo! Finance
The company's full-year revenue guidance of $6.6 billion at the midpoint also came in 2% below analysts' estimates. It made a GAAP profit of $0.60 per share, down from its profit of $0.78 per share in the same quarter last year. Is now the time to buy Tapestry? Find out in our full research report Tapestry (TPR) Q1 CY2024 Highlights: Revenue: $1.48 billion vs analyst estimates of $1.50 billion (1.1% miss) EPS: $0.60 vs analyst expectations of $0.63 (5.2% miss) The company dropped its revenue guidance for the full year from $6.7 billion to $6.6 billion at the midpoint, a 1.5% decrease Gross Margin (GAAP): 74.7%, up from 72.8% in the same quarter last year Free Cash Flow of $78.8 million, down 90.2% from the previous quarter Market Capitalization: $8.94 billion Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “Our third quarter earnings results outperformed expectations, reflecting our unwavering commitment to disciplined brand building and operatio Show less Read more
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