TPR Q4 2023 Earnings — Tapestry, Inc. Revenue & Financial Results | Market Cap Arena

TPRTapestry, Inc.

$30B

Q4 2023 Earnings

Consumer Cyclical Luxury Goods

Income Statement

Revenue

$1.6B-0.3% YoY

Gross Profit

$1.2B72.4% margin

Operating Income

$274M16.9% margin

Net Income

$224M13.8% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$400M

Free Cash Flow

$366M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$4.8B

Stockholders' Equity

$2.3B

Cash & Equivalents

$726M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	-0.3%
Gross Profit	$1.2B	$1.1B	+4.8%
Operating Income	$274M	$249M	+10.1%
Net Income	$224M	$189M	+18.7%

Revenue Segments

Coach Segment

$1.2B77%

Kate Spade & Company

$310M19%

Stuart Weitzman

$63M4%

Geographic Segments

Non-US

$749M43%

North America

$709M41%

Greater China

$268M16%