
Tapestry's Net Sales Edge Up 0.2% to $6.67B Amid Acquisition Costs
Tapestry, Inc.Description
What this story covers
Tapestry, Inc. reported fiscal 2024 net sales of 6 point 67 billion dollars, up 0 point 2 percent. Coach drove growth, while Kate Spade and Stuart Weitzman declined. Gross margins expanded to 73 point 3 percent on lower freight, but acquisition costs hit net income. Strong liquidity supports the Capri deal, amid macro and supply chain risks.
Story snapshot
CompanyTapestry, Inc.
TickerTPR
VariantStandard detailed
Duration23:00
Filing type10-K
PeriodAnnual 2024
IndustryConsumer Goods
Accession0001116132-24-000018
Full Story Script
Content not available for this story.