earnings
confidence high
sentiment positive
materiality 0.75
Tapestry Q2 EPS $2.00 vs $1.63 YoY; raises FY2025 guidance; revenue $2.2B +5%
TAPESTRY, INC.
2025-Q2 EPS
reported $2.17
vs consensus $1.03
▲ beat
(+109.7%)
- Record Q2 revenue $2.20B (+5% YoY); diluted EPS $1.38 GAAP, $2.00 non-GAAP (vs $1.63 prior year).
- Coach brand revenue grew 10%; gross margin expanded 280 bps to 74.4%.
- FY2025 outlook raised: revenue >$6.85B, EPS $4.85-$4.90 (up from $4.50-$4.55), op margin +100 bps.
- Adjusted free cash flow outlook raised to ~$1.2B; quarterly dividend $0.35/share maintained.
- Repurchased $2B ASR; expects to return >$2B to shareholders in FY2025.