Lorraine Hutchinson, BofA Securities senior retail analyst, joins 'The Exchange' to discuss Tapestry's stock hitting an all new high and the retail trade.
TPR delivers seamless and engaging omni-channel experiences, emphasizing brand appeal and effective consumer engagement. The company raises the fiscal 2025 outlook.
Tapestry, Inc. (NYSE:TPR ) Q2 2025 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Christina Colone - Global Head of 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 Robert Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Adrienne Yih - Barclays Matthew Boss - JPMorgan Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Michael Binetti - Evercore Operator Good day and welcome to this Tapestry Conference Call. Today's call is being recorded.
Tapestry (TPR) shares surged nearly 15% to a record high as the owner of fashion retail brands set record holiday-quarter revenue and boosted its guidance on strong sales of its Coach products.
While the top- and bottom-line numbers for Tapestry (TPR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Tapestry (TPR) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.63 per share a year ago.
Tapestry's shares shot up after the company reported strong holiday sales and raised its full-year outlook. Coach's parent company reported the results less than two months after calling off its merger with fashion accessories competitor Capri.
Tapestry (TPR 0.58%), the company behind well-known brands like Coach, Kate Spade, and Stuart Weitzman, announced its second-quarter fiscal results on February 6, 2025. The company reported adjusted earnings per share (EPS) of $2.00, beating analyst predictions of $1.75 by 14.3%.
Tapestry's strong fiscal second quarter performance is driven largely by its Coach brand.
Besides Wall Street's top -and-bottom-line estimates for Tapestry (TPR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either Gap (GAP) or Tapestry (TPR). But which of these two stocks offers value investors a better bang for their buck right now?
Tapestry (TPR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.