Tapestry, Inc. engages in the provision of luxury accessories and lifestyle brands. It operates through the following segments: Coach, Kate Spade, Stuart Weitzman, and Corporate. The Coach segment consists global sales of coach brand products to customers through coach operated stores, including the internet and concession shop-in-shops, and sales to wholesale customers, and through independent third party distributors. The Kate Spade segment focuses on Kate Spade New York brand products to customers through Kate Spade operated stores, including the Internet, sales to wholesale customers, through concession shop-in-shops and through independent third party distributors. The Stuart Weitzman segment comprises Stuart Weitzman brand products primarily through Stuart Weitzman operated stores. The Corporate segment represents certain costs that are not directly distributed to a brand. The company was founded by Dawn Hughes in 1941 and is headquartered in New York, NY.
Highlights
The quick ratio has grown by 7% YoY and by 4.3% from the previous quarter
Tapestry's EPS has plunged by 185% YoY but it has increased by 32% from the previous quarter
TPR's net income has dropped by 181% year-on-year but it is up by 32% since the previous quarter
Tapestry's gross profit has decreased by 22% YoY and by 2.6% from the previous quarter
Tapestry's revenue has decreased by 20% YoY and by 3.7% from the previous quarter
Key stats
What are the main financial stats of TPR
Market
Shares outstanding
277.41M
Market cap
$7.98B
Enterprise value
$10.85B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
3.14
Price to sales (P/S)
1.67
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
2.27
Earnings
Revenue
$4.78B
EBIT
-$398.2M
EBITDA
-$162.9M
Free cash flow
$355.7M
Per share
EPS
-$1.59
Free cash flow per share
$1.29
Book value per share
$9.16
Revenue per share
$17.25
TBVPS
$19.68
Balance sheet
Total assets
$8.13B
Total liabilities
$5.6B
Debt
$4.38B
Equity
$2.53B
Working capital
$1.03B
Liquidity
Debt to equity
1.73
Current ratio
1.56
Quick ratio
0.97
Net debt/EBITDA
-17.6
Margins
EBITDA margin
-3.4%
Gross margin
66.1%
Net margin
-9.2%
Operating margin
-8.4%
Efficiency
Return on assets
-5.4%
Return on equity
-16.5%
Return on invested capital
-5.8%
Return on capital employed
-6.3%
Return on sales
-8.3%
Dividend
Dividend yield
4.7%
DPS
$1.35
Payout ratio
N/A
TPR stock price
How has the Tapestry stock price performed over time
Intraday
1.59%
1 week
-4.48%
1 month
29.42%
1 year
6.99%
YTD
6.67%
QTD
84.07%
Financial performance
How have Tapestry's revenue and profit performed over time
Revenue
$4.78B
Gross profit
$3.16B
Operating income
-$400.2M
Net income
-$440.4M
Gross margin
66.1%
Net margin
-9.2%
TPR's net income has dropped by 181% year-on-year but it is up by 32% since the previous quarter
The operating margin has plunged by 171% YoY but it has grown by 24% from the previous quarter
The operating income has plunged by 156% YoY but it has grown by 27% from the previous quarter
Tapestry's net margin has increased by 30% QoQ
Growth
What is Tapestry's growth rate over time
Valuation
What is Tapestry stock price valuation
P/E
N/A
P/B
3.14
P/S
1.67
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
2.27
Tapestry's EPS has plunged by 185% YoY but it has increased by 32% from the previous quarter
The stock's price to book (P/B) is 74% more than its last 4 quarters average of 1.8 but 4.8% less than its 5-year quarterly average of 3.3
TPR's equity is down by 18% year-on-year but it is up by 11% since the previous quarter
TPR's P/S is 86% above its last 4 quarters average of 0.9 but 12% below its 5-year quarterly average of 1.9
Tapestry's revenue has decreased by 20% YoY and by 3.7% from the previous quarter
Efficiency
How efficient is Tapestry business performance
TPR's return on assets has dropped by 173% year-on-year but it is up by 32% since the previous quarter
Tapestry's ROS has plunged by 172% YoY but it has increased by 27% from the previous quarter
The ROIC has plunged by 136% YoY but it has grown by 28% from the previous quarter
The company's return on equity rose by 29% QoQ
Dividends
What is TPR's dividend history
DPS
$1.35
Dividend yield
4.7%
Payout ratio
N/A
Recent dividends
Financial health
How did Tapestry financials performed over time
Tapestry's total assets is 45% more than its total liabilities
The current ratio has contracted by 14% YoY but it has grown by 6% from the previous quarter
The quick ratio has grown by 7% YoY and by 4.3% from the previous quarter
Tapestry's debt is 73% higher than its equity
Tapestry's debt to equity has increased by 37% YoY but it has decreased by 12% QoQ
TPR's equity is down by 18% year-on-year but it is up by 11% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.