earnings
confidence high
sentiment positive
materiality 0.85
Tapestry Q3 beats, raises FY25 EPS view to ~$5.00, revenue outlook to $6.95B
TAPESTRY, INC.
2025-Q3 EPS
reported $3.12
vs consensus $1.28
▲ beat
(+144.3%)
- Q3 net sales $1.58B (+7% YoY); GAAP EPS $0.95 (+60%), non-GAAP $1.03 (+27%).
- Coach revenue +13% (+15% constant currency); gross margin +140 bps to 76.1%.
- FY25 guidance raised: revenue ~$6.95B (+4%), EPS ~$5.00, adj. free cash flow ~$1.3B.
- Dividend $0.35/share payable June 23, 2025; on track to return >$2B to shareholders in FY25.
- Sale of Stuart Weitzman expected to close summer 2025; tariffs on Chinese imports immaterial in FY25.