TPR Q1 2022 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q1 2022 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.5B+26.3% YoY

Gross Profit

$1.1B72.2% margin

Operating Income

$295M19.9% margin

Net Income

$227M15.3% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

-$12M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$4.9B

Stockholders' Equity

$3.1B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.2B	+26.3%
Gross Profit	$1.1B	$830M	+28.7%
Operating Income	$295M	$202M	+45.9%
Net Income	$227M	$232M	-2.1%

Revenue Segments

Coach Segment

$1.1B75%

Kate Spade & Company

$300M20%

Stuart Weitzman

$67M4%

Geographic Segments

North America

$950M64%

Greater China

$276M19%

Other Asia

$164M11%

Non-US

$91M6%