Here's What to Expect From Tapestry's Next Earnings Report

New York-based Tapestry, Inc. (TPR) is a prominent designer and marketer of apparel, fine accessories, and gifts for women and men. With a market cap of $9.3 billion, Tapestry operates through Coach, Kate Spade & Company, and Stuart Weitzman segments. It is expected to announce its Q4 earnings on Thursday, August 15.

Ahead of the event, analysts expect Tapestry to report a profit of $0.88 per share, down 7.4% from $0.95 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of the past four quarters while missing on one other occasion. Its EPS for the last reported quarter grew 3.8% year over year to $0.81, exceeding the consensus estimates by 20.9%.