Tapestry (NYSE: TPR) 2Q19 Results: Improved Margin Performance at Coach but Revenues Miss Consensus


Key Points

  • Tapestry reported flat 2Q19 EPS on a modest 0.9% sales increase.
  • The Coach brand proved nicely profitable with a 30.3% adjusted operating margin while Kate Spade and Stuart Weitzman were in transition with early indications of traction.
  • Revenue and EPS guidance modestly reduced reflecting 2Q19 results and the unstable global environment.

You need to login to view this content. Please Login. Not a Member? Join Us

Login to view the full report, or register below for a free membership to access research.

Become a Member

  • Register to access more sections of the website.​
  • Member
  • Already a member?
    Log in