secwatch.observer — SEC 8-K summary
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Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001157523-24-000195
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tapestry Q2 record revenue $2.08B, EPS $1.63 adjusted; raises FY EPS outlook to $4.20-$4.25
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- Record Q2 revenue of $2.08B (+3% YoY); gross margin 71.6% (+300 bps YoY).
- Non-GAAP diluted EPS $1.63 (+20% YoY); reported EPS $1.39.
- FY2024 EPS guidance raised to $4.20-$4.25 (8-9% growth); revenue ~$6.7B.
- China regulator approved Capri acquisition; close expected calendar 2024.
- Free cash flow $827M in Q2; dividend $0.35/quarter, annual $1.40 (+17% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000115752324000195/0001157523-24-000195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000115752324000195/a53892997.htm
  HTML page:      https://secwatch.observer/filing/0001157523-24-000195

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