TPR Q2 2022 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q2 2022 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$2.1B+27.0% YoY

Gross Profit

$1.5B68.1% margin

Operating Income

$463M21.6% margin

Net Income

$318M14.8% margin

EPS (Diluted)

$1.15

QoQ Revenue Growth

+44.6%

Cash Flow

Operating Cash Flow

$646M

Free Cash Flow

$608M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$7.9B

Total Liabilities

$5.0B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.7B	+27.0%
Gross Profit	$1.5B	$1.2B	+24.2%
Operating Income	$463M	$389M	+18.8%
Net Income	$318M	$311M	+2.2%

Revenue Segments

Coach Segment

$1.5B71%

Kate Spade & Company

$500M23%

Stuart Weitzman

$116M5%

Geographic Segments

North America

$1.5B70%

Greater China

$309M14%

Other Asia

$244M11%

Non-US

$95M4%