Tapestry (TPR) Tops Q2 EPS by 17c, Beats on Revenue; Offers FY24 Guidance

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Go back to Tapestry (TPR) Tops Q2 EPS by 17c, Beats on Revenue; Offers FY24 Guidance

Tapestry (TPR) stock up on FQ2 earnings beat and profit outlook hike

February 8, 2024 7:21 AM EST

Tapestry (NYSE: TPR) stock rose 2.6% in premarket trading Thursday after the company unveiled better-than-anticipated earnings and revenue for the fiscal second quarter.

Concretely, the luxury fashion company posted earnings per share (EPS) of $1.63, topping the consensus estimates of $1.46. Quarterly revenue came in at $2.1 billion, also above the expectations of $2.05 billion.

Tapestry reported $824.9 million... More