Tapestry (TPR) Q3 Earnings Beat Estimates, Sales Decline Y/Y [Yahoo! Finance]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: Yahoo! Finance
This house of modern luxury accessories and lifestyle brands witnessed year-over-year growth in earnings. However, revenues declined year over year. Sales & Earnings Picture Tapestry posted adjusted earnings of 81 cents per share, surpassing the Zacks Consensus Estimate of 67 cents. Also, earnings grew 3.8% from the year-ago period. Net sales were $1,482.4 million, lagging the consensus estimate of $1,498 million. Sales declined 1.8% year over year. On a constant-currency basis, the top line was approximately flat year over year, excluding an FX headwind of about 160 basis points (bps). We note that shares of this New York-based company have gained 41.6% in the past six months compared with the industry's 27.8% growth. Tapestry, Inc. Price, Consensus and EPS Surprise Tapestry, Inc. price-consensus-eps-surprise-chart | Tapestry, Inc. Quote Brand Performances For the fiscal third quarter, net sales for Coach were $1.15 billion, up 0.1% year over year. Kate Spade's sales
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- Tapestry's Eric Chavous Selected for Minority Corporate Counsel Association's 2024 Sources of Success(TM) Program [Yahoo! Finance]Yahoo! Finance
TPR
Earnings
- 5/9/24 - Beat
TPR
Sec Filings
- 5/31/24 - Form SD
- 5/29/24 - Form 4
- 5/9/24 - Form 10-Q
- TPR's page on the SEC website