secwatch.observer — SEC 8-K summary
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Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001140361-25-017853
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tapestry Q3 beats, raises FY25 EPS view to ~$5.00, revenue outlook to $6.95B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125017853/0001140361-25-017853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125017853/ef20048446_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-017853

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