$TRP Tapestry Inc Q4 2024 Adj. EPS 2.00 (exp. 1.75) Revenue 2.2bln (exp. 2.11bln).
For Tapestry & Capri, like LVMH/Kering/Richemont, diversification hasn't paid off. Coach +10% while rest of $TPR down 10%+. Thankfully had sense to walk away from $CPRI. But sobering that despite $$$ spent, legacy brands delivering all the juice. $LVMUY $PPRUY $HESAY $CFRUY https://t.co/KeNQzwbPss
$TPR +11%: EPS & revenue beat; raised FY25 revenue, operating margin, EPS, and free cash flow outlook.




Tapestry Inc. (NYSE: $TPR), the parent company of Coach, Kate Spade, and Stuart Weitzman, reported a record second-quarter revenue of $2.2 billion for fiscal year 2025, exceeding analysts' expectations of $2.11 billion. This figure represents a 5% increase compared to the previous year, driven by a notable 10% growth at Coach. The company's diluted earnings per share (EPS) were reported at $1.38 on a reported basis, with a record non-GAAP diluted EPS of $2.00, surpassing the estimated EPS of $1.73. Following these results, Tapestry raised its fiscal year 2025 EPS guidance to a range of $4.85 to $4.90. The stock rose approximately 15% in response to the earnings announcement, reflecting positive market sentiment.