Tapestry (TPR) Tops Q4 EPS by 32c, Revenue Beats

Tapestry (NYSE: TPR) reported Q4 EPS of ($0.25), $0.32 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $715 million versus the consensus estimate of $662.44 million.

Fiscal Year 2021 Outlook:

Given the dynamic nature of the Covid-19 crisis and lack of visibility, the potential financial impact to our business cannot be accurately projected. Therefore, the Company is not providing detailed guidance for fiscal 2021. The Company also notes that fiscal 2021 will include a 53rd week.

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

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