Tapestry (TPR) Tops Q1 EPS by 3c, Bumps Low-End of FY EPS Outlook

Tapestry (NYSE: TPR) reported Q1 EPS of $0.48, $0.03 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.36 billion.

GUIDANCE:

Tapestry sees FY2019 EPS of $2.75-$2.80, versus the prior guidance of $2.70-$2.75 and consensus of $2.78. Tapestry maintains FY2019 revenue of $6.1-6.2 billion, versus the consensus of $6.16 billion.

For earnings history and earnings-related data on Tapestry (TPR) click here.

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