Tapestry Inc

NYSE:TPR  
28.40
-0.50 (-1.71%)
Earnings Announcements

Tapestry Inc Reports Fiscal 2022 Fourth Quarter And Full Year Results

Published: 08/18/2022 11:09 GMT
Tapestry Inc (TPR) - Tapestry, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results.
Q4 GAAP Earnings per Share $0.75.
Q4 Non-GAAP Earnings per Share $0.78.
Q4 Sales Rose 1 Percent to $1.62 Billion.
Sees FY23 Revenue in Area of $6.9 Billion.
Sees FY23 Earnings per Diluted Share of $3.80 to $3.90.
Q4 Earnings per Share View $0.77, Revenue View $1.64 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $3.91, Revenue View $6.90 Billion -- Refinitiv Ibes Data (analyst estimates).
Achieved Another Quarter of Digital Revenue Gains With High-single-digit Year-over-year Growth.
Inventory at Year-end Was $994 Million Versus Ending Inventory of $735 Million a Year Ago.
Outlook Assumes No Further Appreciation of Usd.
Outlook Assumes No Material Worsening of Inflationary Pressures Or Consumer Confidence.
Revenue is expected to be $1.5 Billion
Adjusted EPS is expected to be $0.76

Next Quarter Revenue Guidance is expected to be $2.16 Billion
Next Quarter EPS Guidance is expected to be $1.45

More details on our Analysts Page.