Tapestry (TPR) Tops Q1 EPS by 39c, Revenues Beat

Go back to Tapestry (TPR) Tops Q1 EPS by 39c, Revenues Beat

Tapestry, Inc. Reports Fiscal 2021 First Quarter Results

October 29, 2020 6:45 AM EDT

Strong Operating Income & EPS Growth Demonstrates Progress on Acceleration Program

Gross Margin Increased By More Than 300 Basis Points And SG&A Declined Significantly, Driving Over 700 Basis Points of Operating Margin Expansion Year-Over-Year GAAP Operating Income was $202 Million vs. $52 Million a Year Ago; Non-GAAP Operating Income was $229 Million vs. $167 Million a Year Ago GAAP EPS was $0.83 vs. $0.07 a Year Ago; Non-GAAP EPS was $0.58 vs. $0.40 a Year Ago

NEW YORK--(BUSINESS WIRE)-- Tapestry, Inc. (NYSE: TPR), a leading New York-based... More