Tapestry (TPR) Q3 Earnings and Revenues Surpass Estimates

Core Viewpoint - Tapestry (TPR) reported quarterly earnings of $1.03 per share, exceeding the Zacks Consensus Estimate of $0.89 per share, and showing an increase from $0.81 per share a year ago, indicating a strong performance in the high-end retail sector [1][2]. Financial Performance - The company achieved revenues of $1.58 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.66% and up from $1.48 billion in the same quarter last year [2]. - Tapestry has consistently outperformed consensus EPS estimates over the last four quarters, with an earnings surprise of 15.73% in the latest report [1][2]. Stock Performance - Tapestry shares have increased approximately 14.4% since the beginning of the year, contrasting with a decline of -4.3% in the S&P 500 [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6]. Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.01 on revenues of $1.65 billion, and for the current fiscal year, it is $4.92 on revenues of $6.88 billion [7]. - The outlook for the retail - apparel and shoes industry, where Tapestry operates, is currently in the bottom 37% of Zacks industries, which may impact stock performance [8].