---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-025044"
form_type: "8-K"
ticker: "TPR"
cik: "0001116132"
company_name: "TAPESTRY, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:50:51.804136+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tapestry Q3 adjusted EPS $0.81 beats expectations; gross margin +190 bps; FY24 EPS outlook $4.20-$4.25

## Summary
- Adjusted EPS $0.81 on revenue $1.48B (-2% YoY); gross margin 74.7% (+190 bps) on lower freight and FX tailwinds.
- International revenue +3% constant currency; Europe +19%, Japan +2%; Greater China -2%; North America -3%.
- YTD operating cash flow $1.00B and free cash flow $937M, well above prior year ($575M and $425M respectively).
- Quarterly dividend $0.35/share declared (payable June 24, 2024); annual rate $1.40 (+17% YoY).
- FTC filed suit to block Capri acquisition; Tapestry remains confident in closing by calendar 2024.

## SEC filing metadata
- accession: 0001140361-24-025044
- form_type: 8-K
- ticker: TPR
- cik: 0001116132
- company_name: TAPESTRY, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116132/000114036124025044/0001140361-24-025044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116132/000114036124025044/ef20028651_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-025044
- JSON: https://secwatch.observer/filing/0001140361-24-025044.json
- Plain text: https://secwatch.observer/filing/0001140361-24-025044.txt

## Key facts
- Earnings Releases
  TAPESTRY, INC. reported fiscal third quarter ended March 30, 2024 results: revenue $1.48 billion, net income $139 million, EPS $0.60.
  - Period: fiscal third quarter ended March 30, 2024
  - Revenue: $1.48 billion
  - Net income: $139 million
  - EPS: $0.60
  - Result: reported results
  source text: levels 12% below the prior year, reflecting the Company’s focus on disciplined inventory management. Overview of Fiscal 2024 Third Quarter Financial Results • Net sales totaled $1.48 billion compared to $1.51 billion in the prior year period, representing a decline of 2% on a reported basis. Excluding a currency headwind of approximately 160 basis points, sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/1116132/000114036124025044/0001140361-24-025044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.