TPR gains over a million new customers in Q1, primarily Gen Z and Millennials, driving strong first-quarter results. The company raises its fiscal 2025 outlook.
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Tapestry, Inc. (NYSE:TPR ) Q1 2025 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer and Chief Operating Officer Todd Kahn - Chief Executive Officer and Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Michael Binetti - Evercore Rick Patel - Raymond James Mark Altschwager - Baird Dana Telsey - Telsey Group Aneesha Sherman - Bernstein Operator Good day, and welcome to the Tapestry Conference Call. Today's call is being recorded.
Although the revenue and EPS for Tapestry (TPR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Tapestry (TPR) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.93 per share a year ago.
Tapestry's first-quarter revenue was fueled by topline growth at Coach.
Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags.
Beyond analysts' top -and-bottom-line estimates for Tapestry (TPR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Tapestry (TPR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tapestry (TPR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Tapestry (TPR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.