TPR Q3 2024 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q3 2024 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.5B-1.8% YoY

Gross Profit

$1.1B74.7% margin

Operating Income

$204M13.8% margin

Net Income

$139M9.4% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

-28.9%

Cash Flow

Operating Cash Flow

$98M

Free Cash Flow

$79M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$11.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$7.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.5B	-1.8%
Gross Profit	$1.1B	$1.1B	+0.8%
Operating Income	$204M	$226M	-9.7%
Net Income	$139M	$187M	-25.3%

Revenue Segments

Coach Segment

$1.1B77%

Kate Spade & Company

$281M19%

Stuart Weitzman

$56M4%

Geographic Segments

North America

$874M59%

Greater China

$271M18%

Other Asia

$235M16%

Non-US

$103M7%