secwatch.observer — SEC 8-K summary
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Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2022-08-18T23:59:59+00:00
Accession:  0001157523-22-001141
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tapestry Q4 EPS $0.78 non-GAAP, record FY22 sales $6.68B, dividend raised 20%
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- Q4 non-GAAP EPS $0.78 (+20% YoY on 13-week basis); GAAP EPS $0.75 (+8% YoY).
- Full year FY2022 revenue $6.68B (record, +15% YoY); digital sales $2B (30% of total).
- Board approves 20% dividend increase to $0.30 quarterly ($1.20 annual); $1.6B stock buybacks in FY22.
- FY2023 guidance: revenue ~$6.9B (3-4% reported, 6-7% constant currency), EPS $3.80-$3.90.
- Acquired 7.7M new N.A. customers in FY22; gross margin pressured by $178M freight costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000115752322001141/0001157523-22-001141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000115752322001141/a52817619.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001141

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