BTIG Starts Tapestry Inc. (TPR) at Neutral
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Tapestry (TPR) Misses Q3 EPS by 16c, Revenues Beat
April 30, 2020 6:47 AM EDTTapestry (NYSE: TPR) reported Q3 EPS of ($0.27), $0.16 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.03 billion.
Overview of Third Quarter 2020 Tapestry, Inc. Results
The following results include the impact of the coronavirus. Please note the Company is not providing comparable store sales figures, as the Company believes this will not be a valuable measure given the current business environment and number of store closures during the quarter.
Net sales totaled $1.07 billion for the fiscal third quarter as compared to... More