Company Earnings Update 3 minutesRegister for Free AccessTapestry (NYSE: TPR) 3Q19 Results: Revenue Misses Expectations, Opening Stores in China Coresight Research May 13, 2019 Executive Summary Tapestry reported adjusted 3Q19 EPS of $0.42, down 22.2% from the prior year period and beating the $0.41 consensus estimate. Total revenues grew 0.8% (2% currency neutral) to $1.33 billion, missing the $1.34 billion consensus estimate. Adjusted gross margin expanded 30 bps to 69.2%, driven by Kate Spade. The company continues to expect a low-to-mid-single-digit revenue growth and EPS of $2.55-2.60 for fiscal 2019. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 3Q24, Week 1: Costco, P&G, Tractor Supply Company and Walgreens Among the Companies Reporting Positive Sales GrowthWeinswig’s Weekly: Understanding the Scale and Demographics of Cross-Channel ShoppingUS CPG Sales Tracker: Post-Spike Lull for CPG E-Commerce as Beauty Declines AgainJuly 2023 UK Retail Sales: Wet Weather Slows Retail Sales Growth
