BRIEF-Tapestry Raises FY 2025 Revenue, Operating Margin, EPS, And Free Cash Flow Outlook

Reuters
06 Feb
BRIEF-Tapestry Raises FY 2025 Revenue, Operating Margin, EPS, And Free Cash Flow Outlook

Feb 6 (Reuters) - Tapestry Inc TPR.N:

  • RAISED FISCAL YEAR 2025 REVENUE, OPERATING MARGIN, EPS, AND FREE CASH FLOW OUTLOOK

  • EXPECTS TO MAINTAIN ITS ANNUAL DIVIDEND RATE OF $1.40 PER COMMON SHARE.

  • Q2 ADJUSTED EPS $2.00 VERSUS IBES ESTIMATE $1.75

  • EXPECT NO IMPACT RELATED TO ANY FUTURE POLICY CHANGES RESULTING FROM U.S. PRESIDENTIAL ADMINISTRATION CHANGE

  • TARIFF ON GOODS IMPORTED FROM CHINA INTO U.S. EXPECTED TO HAVE AN IMMATERIAL IMPACT ON FISCAL 2025 RESULTS

  • OUTLOOK FISCAL 2025 NON-GAAP REVENUE OF OVER $6.85 BILLION

  • FY2025 REVENUE VIEW $6.76 BILLION -- LSEG IBES DATA

Source text: ID:nBwpYBHqa

Further company coverage: TPR.N

((Reuters.Briefs@thomsonreuters.com;))

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