Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 10 Hudson Yards NEW YORK NY 10001 |
Tel: | 43-212-94672532 |
Website: | https://www.tapestry.com |
IR: | See website |
Key People | ||
Joanne C. Crevoiserat Chief Executive Officer, Director | Scott A. Roe Chief Financial Officer, Chief Operating Officer | Liz Fraser Chief Executive Officer, Brand President - Kate Spade |
Todd Kahn Chief Executive Officer, Brand President of Coach | David E. Howard General Counsel, Secretary |
Business Overview |
Tapestry, Inc. is a global house of luxury accessories and lifestyle brands. The Company's brands include Coach, Kate spade New York, and Stuart Weitzman. The Company operates through three segments: Coach, Kate Spade and Stuart Weitzman. The Coach segment includes global sales of Coach products to customers through Coach operated stores, including e-commerce sites and concession shop-in-shops, and sales to wholesale customers and through independent third-party distributors. The Kate Spade segment includes global sales primarily of kate spade new york brand products to customers through Kate Spade operated stores, including e-commerce sites and concession shop-in-shops, sales to wholesale customers, and through independent third-party distributors. The Stuart Weitzman segment includes global sales of Stuart Weitzman brand products primarily through Stuart Weitzman operated stores, sales to wholesale customers, through e-commerce sites, and through independent third-party distributors. |
Financial Overview |
For the 26 weeks ended 30 December 2023, Tapestry Inc revenues increased 2% to $3.6B. Net income decreased 2% to $517.3M. Revenues reflect Coach segment increase of 5% to $2.7B, Greater china segment increase of 10% to $509.3M, Other Asia segment increase of 4% to $454.4M, Others segment increase of 4% to $214.4M. Net income was offset by Corporate segment loss increase of 40% to $290.3M, Stuart Weitzman segment loss increase of 64% to $7.2M. |
Employees: | 12,600 as of Jul 1, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,167M as of Dec 30, 2023 |
Annual revenue (TTM): | $6,727M as of Dec 30, 2023 |
EBITDA (TTM): | $1,380M as of Dec 30, 2023 |
Net annual income (TTM): | $928.10M as of Dec 30, 2023 |
Free cash flow (TTM): | $996.00M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | $277.10M as of Dec 30, 2023 |
Shares outstanding: | 229,366,154 as of Jan 26, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |