Compared to Estimates, Tapestry (TPR) Q3 Earnings: A Look at Key Metrics

Core Insights - Tapestry reported $1.58 billion in revenue for the quarter ended March 2025, marking a year-over-year increase of 6.9% and exceeding the Zacks Consensus Estimate by 3.66% [1] - The earnings per share (EPS) for the same period was $1.03, a significant increase from $0.81 a year ago, representing a surprise of 15.73% over the consensus estimate of $0.89 [1] Financial Performance - Tapestry's shares have returned +11.1% over the past month, slightly underperforming the Zacks S&P 500 composite's +11.3% change, with a current Zacks Rank of 3 (Hold) [3] - Geographic Net Sales in Greater China were reported at $278.90 million, slightly below the average estimate of $282.77 million, reflecting a year-over-year change of +3% [4] - North America net sales reached $951.70 million, surpassing the average estimate of $881.72 million, with a year-over-year increase of +8.9% [4] Segment Performance - Net Sales for Coach amounted to $1.29 billion, exceeding the estimated $1.22 billion, with a year-over-year change of +12.9% [4] - Stuart Weitzman reported net sales of $46.20 million, falling short of the average estimate of $51.92 million, representing a year-over-year decline of -17.7% [4] - Kate Spade's net sales were $244.90 million, below the average estimate of $252.63 million, indicating a year-over-year decrease of -12.8% [4] Operating Income - Operating income for Coach was reported at $420.10 million, exceeding the average estimate of $392.26 million [4] - Stuart Weitzman experienced an operating loss of -$5.60 million, slightly worse than the estimated loss of -$5.11 million [4]