Tapestry (TPR) Tops Q1 EPS by 12c, Updates Guidance, Approves New $1B Buyback

Tapestry (NYSE: TPR) reported Q1 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.44 billion.

• Announces Board of Director’s Approval of New $1 Billion Share Buyback Authorization

GUIDANCE:

Tapestry sees FY2022 EPS of $3.45-$3.50, versus the consensus of $3.36. Tapestry sees FY2022 revenue of $6.6 billion, versus the consensus of $6.42 billion.

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

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