The Latest Breaking News from Tapestry

Tapestry Inc (NYSE:TPR) reported third-quarter FY22 sales growth of 13% year-on-year, to $1.44 billion, beating the consensus of $1.42 billion. Adjusted EPS of $0.51 beat the analyst consensus of $0.41. Gross profit rose 10.2% Y/Y to $1.01 billion, with the margin contracting 170 basis points to 69.9%. The operating margin expanded 260 basis…

  Tapestry (NYSE:TPR) reported its Q3 earnings results on Thursday, May 12, 2022 at 07:45 AM. Here's what investors need to know about the announcement.

Analysts have provided the following ratings for Tapestry (NYSE:TPR) within the last quarter:

Upgrades

According to Benzinga Pro, during Q2, Tapestry (NYSE:TPR) earned $317.90 million, a 40.11% increase from the preceding quarter. Tapestry also posted a total of $2.14 billion in sales, a 44.56% increase since Q1.

Tapestry Inc (NYSE:TPR) reported second-quarter FY22 sales growth of 27% year-on-year, to $2.14 billion, beating the analyst consensus of $2.00 billion. Sales rose 18% compared to pre-pandemic levels. Digital sales rose 30% Y/Y and nearly tripled compared to pre-pandemic levels. Adjusted EPS of $1.33 beat the analyst consensus of $1.18. Gross profit rose…

  Tapestry (NYSE:TPR) reported its Q2 earnings results on Thursday, February 10, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

Over the past 3 months, 4 analysts have published their opinion on Tapestry (NYSE:TPR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.