Tapestry, Inc. Reports Fiscal 2020 First Quarter Results
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Tapestry (TPR) Tops Q1 EPS by 4c, Offers Outlook
November 5, 2019 6:46 AM ESTTapestry (NYSE: TPR) reported Q1 EPS of $0.40, $0.04 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.36 million versus the consensus estimate of $1.37 million.
Fiscal Year 2020 Outlook:
The following outlook is provided on a non-GAAP basis and replaces all previous guidance.
The Company expects revenues for Fiscal 2020 to increase at a low-single-digit rate from Fiscal 2019. In addition, the Company projects... More
