TPR Q2 2021 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q2 2021 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.7B-7.2% YoY

Gross Profit

$1.2B69.6% margin

Operating Income

$389M23.1% margin

Net Income

$311M18.5% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

+43.8%

Cash Flow

Operating Cash Flow

$656M

Free Cash Flow

$633M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$5.3B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.8B	-7.2%
Gross Profit	$1.2B	$1.2B	-3.0%
Operating Income	$389M	$363M	+7.2%
Net Income	$311M	$299M	+4.1%

Revenue Segments

Coach Segment

$1.2B73%

Kate Spade & Company

$376M22%

Stuart Weitzman

$85M5%

Geographic Segments

North America

$1.1B65%

Greater China

$292M17%

Other Asia

$224M13%

Non-US

$82M5%