secwatch.observer — SEC 8-K summary
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Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001140361-25-003264
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tapestry Q2 EPS $2.00 vs $1.63 YoY; raises FY2025 guidance; revenue $2.2B +5%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125003264/0001140361-25-003264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125003264/ef20042835_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-003264

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer