TPR Q1 2021 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q1 2021 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.2B-13.7% YoY

Gross Profit

$830M70.8% margin

Operating Income

$202M17.2% margin

Net Income

$232M19.8% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+64.0%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$64M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$8.1B

Total Liabilities

$5.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.4B	-13.7%
Gross Profit	$830M	$915M	-9.2%
Operating Income	$202M	$52M	+291.9%
Net Income	$232M	$20M	+1058.5%

Revenue Segments

Coach Segment

$875M75%

Kate Spade & Company

$240M21%

Stuart Weitzman

$56M5%

Geographic Segments

North America

$665M57%

Greater China

$228M19%

Other Asia

$199M17%

Non-US

$80M7%