Tapestry Inc.
Tapestry, Inc. Reports Q2 FY2025 Results with Revenue Beat and EPS Ahead of Guidance
Summary
On February 6, 2025, Tapestry, Inc. announced its financial results for the second fiscal quarter of 2025, reporting revenue of $2.2 billion, a 5% increase compared to the prior year, and driven by a 10% growth at Coach. Diluted EPS on a reported basis was $1.38 and $2.00 on a non-GAAP basis, ahead of the company's guidance. Tapestry also raised its full-year 2025 revenue, operating margin, EPS, and free cash flow outlook. The company plans to return over $2 billion to shareholders through dividends and share repurchases. Additional details and a slide presentation are available on the company's website.
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About Tapestry Inc.
Tapestry Inc., a prominent holding company in the fashion industry, manages luxury brands known for their upscale accessories, footwear, and apparel. Its portfolio includes celebrated names such as Coach, Kate Spade, and Stuart Weitzman, each with their unique style and market appeal. Tapestry's primary function is to oversee the growth and strategic direction of these brands, facilitating their global reach and market penetration. By focusing on design innovation and customer engagement, Tapestry maintains its influence in the luxury goods sector, appealing to a wide demographic interested in fashion-forward and high-quality products. The company places a strong emphasis on brand differentiation and enhancing customer experiences across digital and physical retail platforms. With its headquarters in New York City, Tapestry Inc. is a significant player in the retail industry, showcasing the value and trends of luxury consumer goods while striving for sustainability and social responsibility as part of its corporate ethos.
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