Wall Street expects a year-over-year decline in earnings on lower revenues when Tapestry (TPR) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 15, 2024, might help the stock move higher if these key numbers are better than expectatio ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tapestry (TPR) . This company, which is in the Zacks Retail - Apparel and Shoes industry, shows potential for another earnings beat. For the most recent quarter, Tapestry was expected to post earnings of $0.67 per share, but it reported $0.81 per share instead, representing a surprise of 20.90%. For the previous quarter, the c ...

Tapestry's international strategy, especially in key markets like Asia and Europe, has delivered substantial growth by tailoring products and marketing strategies to local preferences. Notably, revenues in Europe grew 19% year over year and other Asia markets (excluding China and Japan) saw a 15% increase in the fiscal third quarter. This targeted approach has bolstered TPR's presence across diverse global markets. Urban Outfitters is a lifestyle specialty retailer that offers fashion apparel and accessorie ...

Tapestry, Inc. (TPR) maintains a robust position in the global luxury market through proactive measures aimed at expanding its luxury brand portfolio and enhancing operational capabilities. Its strategic initiatives, spanning digital transformation to regional market adaptations, are precisely designed to align with evolving consumer preferences and market dynamics. By exercising disciplined financial management and pursuing forward-thinking growth strategies, Tapestry is well-prepared to navigate the chall ...

Let's Dig Deeper In response to the evolving retail landscape, Tapestry continues to enhance its digital and omnichannel strategies. The company has launched online platforms, such as katespadeoutlet.com, to offer a more seamless shopping experience. With a strong emphasis on a data-driven approach, TPR's digital business accounted for more than 25% of its total revenues in the third quarter of fiscal 2024. Tapestry's international strategy has been fruitful, particularly in key markets like Asia and Europe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-16153 Tapestry, Inc. (Exact name of registrant as specified in its charter) Maryland 52-2242751 (State or other jurisdiction of incorporation or organization) (I.R.S. Employe ...

Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer & Chief Operating Officer Todd Kahn - Chief Executive Officer & Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Ike Boruchow - Wells Fargo Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Brook Roach - Goldman Sachs Michael Binetti - Evercore ISI Oliver Chen - TD Cowen Mark Altschwager - Baird Rick Patel - Raymond Jam ...

COACH © 2024 Tapestry, Inc. ▪ The ability to satisfy the conditions precedent to consummation of the proposed acquisition of Capri, ■ The ability to successfully execute our multi-year growth agenda; ▪ The outcome of the antitrust lawsuit by the Federal Trade Commission against us and Capri related to ■ The effect of existing and new competition in the marketplace; · The impact of tax and other legislation; and, Forward-kooking statements are neither historical fects nor assurances of future performance. In ...

Exhibit 99.1 CONTACTS: Tapestry, Inc. Media: Andrea Shaw Resnick Chief Communications Officer 212/629-2618 aresnick@tapestry.com Analysts and Investors: Christina Colone Global Head of Investor Relations 212/946-7252 ccolone@tapestry.com Kelsey Mueller 212/946-8183 Investor Relations kmueller@tapestry.com TAPESTRY, INC. DELIVERS Q3 EARNINGS AHEAD OF EXPECTATIONS • Drove Fiscal Third Quarter Operating Income and EPS Outperformance Versus Expectations Fueled by 190 Basis Points of Gross Margin Expansion • Gen ...

This innovation builds on the green shoots we're seeing today, while incorporating consumer feedback and insights, which help to inform our product strategies and investments. At the same time, we'll maintain the strength of our novelty and lifestyle offerings, differentiators for the Kate Spade brand. To this point, footwear rose double-digits in the quarter, while jewelry remains an important acquisition vehicle consistent with our strategy and focus on enhancing customer lifetime value. Second, the execu ...