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0:00 / 0:00I. Business Overview and Strategy
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Tapestry's Net Sales Edge Up 0.2% to $6.67B Amid Acquisition Costs

TPR10-KFiling Date: 8/15/2024
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

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