Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

Did you analyze how Tapestry (TPR) fared in its international operations for the quarter ending September 2024? Given the widespread global presence of this maker of high-end shoes and handbags, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. ...

Tapestry, Inc. (TPR) reported first-quarter fiscal 2025 results, which exceeded the Zacks Consensus Estimate for revenues and earnings despite a challenging global economic and consumer environment. The top line declined while the bottom line increased year over year. Driven by the first quarter results, Tapestry raised its fiscal 2025 outlook.Tapestry's first-quarter results reflected the company's brand strength and operational excellence that support its strategic growth initiatives. This performance hig ...

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tapestry COACH | kate spade | stuartweitzman © 2024 Tapestry, Inc. This presentation contains certain" frorward looking statements" based on management s current expectations. Forward-looking stetements include, but are not linitied to, t Outlook," statements regarding long temp performance, statements regarding the Qorpany's capital deplyment plans, indudingantiopated annual drivitend rates and share repur can be identlifed by the use of forward-looking terminclogy such as "may, "can," "(","continue;" "ass ...

Tapestry, Inc. (NYSE:TPR) Q1 2025 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer and Chief Operating Officer Todd Kahn - Chief Executive Officer and Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Michael Binetti - Evercore Ri ...

For the quarter ended September 2024, Tapestry (TPR) reported revenue of $1.51 billion, down 0.4% over the same period last year. EPS came in at $1.02, compared to $0.93 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.47 billion, representing a surprise of +2.31%. The company delivered an EPS surprise of +7.37%, with the consensus EPS estimate being $0.95.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Tapestry (TPR) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.37%. A quarter ago, it was expected that this maker of high-end shoes and handbags would post earnings of $0.88 per share when it actually produced earnings of $0.92, delivering a surprise of 4.55%.Over the last four qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading SymbolName of Each Exchange on which Registered Common Stock, par value $.01 per share TPR New York Stock Exchange 5.350% Senior Notes due 2025 TPR25A New York Stock Exchange 5.375% Senior Notes due 2027 TPR27A New York Stock Exchange 5.875% Senior Notes due 2031 TPR31 New York Stock Exchange FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly ...

Revenue Performance - Revenue totaled $1.51 billion, approximately in-line with prior year on both reported and constant currency basis, with FX representing a 40-basis point headwind[7] - Net sales for the quarter ended September 28, 2024 were $1,507.5 million, a slight decrease of 0.4% compared to $1,513.2 million in the same period last year[22] - Coach brand revenue grew 2% at constant currency to $1.17 billion, while Kate Spade revenue declined 6% and Stuart Weitzman grew 2%[9] - Coach brand sales grew 1% year-over-year to $1,170.6 million, with constant currency growth of 2%[23] - Kate Spade sales declined 7% to $283.2 million, with constant currency decline of 6%[23] - Stuart Weitzman sales increased 2% to $53.7 million, with constant currency growth of 2%[23] Gross Margin and Profitability - Gross margin expanded by 280 basis points to 75.3%, driven by operational improvements, lower freight expense, and FX tailwinds[6][7] - Gross profit increased to $1,134.9 million in Q1 2024, up 3.4% from $1,097.7 million in Q1 2023[22] - North America revenue declined 1%, but operating margin and profit dollars increased due to gross margin expansion[4] - Operating income was $252.0 million, down slightly from $253.2 million in the prior year period[22] - Net income decreased 4.3% to $186.6 million compared to $195.0 million in Q1 2023[22] - Diluted EPS was $0.79, down from $0.84 in the same quarter last year[22] Cash Flow and Financial Position - Cash flow from operating activities was $120 million, and free cash flow was $94 million, supporting long-term growth and shareholder returns[4][10] - Free cash flow for the period is calculated as $119.5 million (Net cash flows from operating activities) less $25.6 million (Purchases of property and equipment), resulting in $93.9 million[30][32][33] - Net cash provided by operating activities was $119.5 million for the period ending September 28, 2024, compared to $75.3 million for the same period in 2023[32] - Net cash provided by investing activities was $190.1 million, driven by $1,694.9 million in proceeds from maturities and sales of investments, offset by $1,479.2 million in purchases of investments[33] - Cash and cash equivalents increased by $320.9 million to $6,462.9 million as of September 28, 2024, compared to $6,142.0 million at the beginning of the period[34] - Total assets increased to $13,728.9 million as of September 28, 2024, compared to $13,396.3 million as of June 29, 2024[31] International Performance - International revenue grew 2% at constant currency, with Europe up 27% and APAC down 2%[4] - Coach's international store count decreased by 12 stores to 594 as of September 28, 2024, due to 16 closures and 4 openings[35] - Kate Spade's international store count decreased by 3 stores to 178 as of September 28, 2024, with 6 closures and 3 openings[35] - Stuart Weitzman's international store count remained flat at 60 stores as of September 28, 2024, with 2 openings and 2 closures[35] Direct-to-Consumer and Customer Acquisition - Direct-to-consumer sales were in-line with prior year, with digital revenue up high-single digits and brick-and-mortar sales down low-single digits[5] - The company acquired approximately 1.4 million new customers in North America, with over half being Gen Z and Millennials[3] Inventory and Expenses - Inventory increased to $1.03 billion, reflecting higher in-transit levels, consistent with expectations[10] - Corporate SG&A expenses increased to $154.2 million, up from $136.1 million in Q1 2023[24] - The company reported $33.4 million in acquisition costs affecting comparability in Q1 2024[24] Outlook and Guidance - The company raised its full-year revenue outlook to over $6.75 billion, representing 1% to 2% growth, and expects EPS of $4.50 to $4.55[13][14]