Tapestry (TPR) Misses Q4 EPS by 2c; Offers FY24 Guidance

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Go back to Tapestry (TPR) Misses Q4 EPS by 2c; Offers FY24 Guidance

Tapestry, Inc. Delivers Record EPS in Fiscal Year 2023

August 17, 2023 6:45 AM EDT

Drove Significant Operating Margin Expansion in the Fourth Quarter Fueled by a Gross Margin Increase of 350 Basis Points Versus Last Year Increased Fourth Quarter Diluted EPS by over 20% Versus Last Year to $0.95 Achieved Record Diluted EPS of $3.88 in Fiscal 2023, Growing at a Double-Digit Rate Versus Last Year Returned Approximately $1 Billion to Shareholders in Fiscal 2023 Supported by Strong Free Cash Flow Board of Directors Raised Dividend by 17% to an Expected... More