U.S. Luxury Market Slows. LVMH, Tapestry, Capri And Ralph Lauren Feel It.
All eyes in the luxury market are fixed on the slowdown in China. With the notable exception of Hermès, most luxury brands are reporting declining sales there.
Tapestry, Inc. (TPR) Q4 2024 Earnings Call Transcript
Tapestry, Inc. (NYSE:TPR ) Q4 2024 Earnings Conference Call August 15, 2024 8:00 AM ET Company Participants Christina Colone - Global Head, Investor Relations Joanne Crevoiserat - Chief Executive Officer Scott Roe - Chief Financial Officer & Chief Operating Officer Todd Kahn - Chief Executive Officer & Brand President, Coach Conference Call Participants Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matt Boss - JPMorgan Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Michael Binetti - Evercore ISI Rick Patel - Raymond James Aneesha Sherman - Bernstein Mark Altschwager - Baird Oliver Chen - TD Cowen Operator Good day, and welcome to the Tapestry Conference Call. Today's call is being recorded.
Tapestry (TPR) Q4 Earnings Top Estimates, Gross Margin Expands
Tapestry (TPR) attracts 6.5 million new customers in North America, with more than 50% belonging to Gen Z and millennial demographics during fiscal 2024.
Kate Spade Parent Tapestry Beats Estimates on Strong European Sales
Tapestry (TPR) shares gained in intraday trading Thursday as the fashion designer posted better-than-anticipated results on strong demand in Europe.
Compared to Estimates, Tapestry (TPR) Q4 Earnings: A Look at Key Metrics
The headline numbers for Tapestry (TPR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tapestry (TPR) Tops Q4 Earnings and Revenue Estimates
Tapestry (TPR) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.95 per share a year ago.
Tapestry Stock Surges After Earnings. It Still Wants to Bulk Up.
Tapestry beat earnings expectations and said it is still aiming to complete the acquisition of Capri Holdings this year.
Tapestry's stock rises as earnings for fashion brands top expectations
Tapestry Inc.'s stock was rallying 8% in premarket trading after the fashion brand company said its fourth-quarter results were better than expected. The parent of Coach, Kate Spade, New York and Stuart Weitzman brands said its profit for the three months ended June 29 fell to $159.3 million, or 68 cents a share, from $224.1 million, or 95 cents a share, in the year-ago quarter.
Tapestry beats quarterly revenue expectations on steady handbag demand
Coach parent Tapestry beat Wall Street expectations for fourth-quarter revenue, helped by robust demand for its popular Tabby handbags.
What Lies Ahead For Tapestry's Stock Post Q4 Results?
Tapestry (NYSE: TPR), a luxury goods retailer of handbags, shoes, and accessories, is scheduled to report its fiscal fourth-quarter results on Thursday, August 15. We expect the apparel retailer's stock to trade higher post the fiscal Q4 release with revenues and earnings beating expectations.
Unlocking Q4 Potential of Tapestry (TPR): Exploring Wall Street Estimates for Key Metrics
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 June 2024.
Tapestry (TPR) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
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.
