TPR Q3 2021 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q3 2021 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.3B+18.7% YoY

Gross Profit

$912M71.6% margin

Operating Income

$117M9.2% margin

Net Income

$92M7.2% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-24.5%

Cash Flow

Operating Cash Flow

$198M

Free Cash Flow

$179M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$5.0B

Stockholders' Equity

$3.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.1B	+18.7%
Gross Profit	$912M	$616M	+48.0%
Operating Income	$117M	-$686M	+117.0%
Net Income	$92M	-$677M	+113.5%

Revenue Segments

Coach Segment

$964M76%

Kate Spade & Company

$252M20%

Stuart Weitzman

$57M5%

Geographic Segments

North America

$727M57%

Greater China

$286M22%

Other Asia

$200M16%

Non-US

$61M5%