TPR Q3 2022 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q3 2022 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.4B+12.9% YoY

Gross Profit

$1.0B69.9% margin

Operating Income

$170M11.8% margin

Net Income

$123M8.5% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-32.9%

Cash Flow

Operating Cash Flow

-$52M

Free Cash Flow

-$55M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$4.8B

Stockholders' Equity

$2.5B

Cash & Equivalents

$806M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+12.9%
Gross Profit	$1.0B	$912M	+10.2%
Operating Income	$170M	$117M	+45.2%
Net Income	$123M	$92M	+33.8%

Revenue Segments

Coach Segment

$1.1B75%

Kate Spade & Company

$302M21%

Stuart Weitzman

$64M4%

Geographic Segments

North America

$886M62%

Greater China

$254M18%

Other Asia

$214M15%

Non-US

$84M6%