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Last update at 2024-12-19T18:52:00Z
Tapestry and Capri Scrap Merger Plans. The Stocks Are Headed in Different Directions.
Thu 14 Nov 24, 02:20 PMTapestry Stock Gains on Earnings Beat. A Halted Merger Isn’t a Problem.
Thu 07 Nov 24, 03:18 PMIs Tapestry, Inc.'s (NYSE:TPR) ROE Of 28% Impressive?
Tue 15 Oct 24, 10:45 AMUBS Hedge Fund Rides $4 Billion Bet on Merger-Arb Trade Revival
Tue 15 Oct 24, 09:00 AMApparel, Accessories and Luxury Goods Stocks Q2 Teardown: Hanesbrands (NYSE:HBI) Vs The Rest
Mon 14 Oct 24, 08:59 AMTapestry (NYSE:TPR): Strongest Q2 Results from the Apparel, Accessories and Luxury Goods Group
Thu 03 Oct 24, 09:25 AMUS anti-trust trial in Tapestry bid for Capri ends, judge's decision awaited
Tue 01 Oct 24, 12:00 AMWhen Should You Buy Tapestry, Inc. (NYSE:TPR)?
Tue 24 Sep 24, 05:52 PMApparel, Accessories and Luxury Goods Stocks Q2 In Review: Levi's (NYSE:LEVI) Vs Peers
Thu 19 Sep 24, 08:40 AMBreakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
Income before tax | 1143.10M | 1047.00M | 897.30M | -624.20000M | 766.20M |
Minority interest | - | - | - | - | - |
Net income | 936.00M | 856.30M | 834.20M | -652.10000M | 643.40M |
Selling general administrative | 3542.50M | 3474.60M | 3113.90M | 2918.90M | 3239.60M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 4714.90M | 4650.40M | 4081.90M | 3239.30M | 4053.70M |
Reconciled depreciation | 182.20M | 195.30M | 218.70M | 248.30M | 268.20M |
Ebit | 1170.70M | 1175.80M | 968.00M | -550.80000M | 545.90M |
Ebitda | 1352.90M | 1354.70M | 1187.40M | -564.10000M | 814.10M |
Depreciation and amortization | 182.20M | 178.90M | 219.40M | -13.30000M | 268.20M |
Non operating income net other | -1.70000M | -70.10000M | 0.70M | - | - |
Operating income | 1172.40M | 1175.80M | 968.00M | -550.80000M | 545.90M |
Other operating expenses | 5488.50M | 5508.70M | 4778.30M | 5512.20M | 5213.00M |
Interest expense | 27.60M | 58.70M | 71.40M | 60.10M | 220.30M |
Tax provision | 207.10M | 190.70M | 63.10M | 27.90M | 122.80M |
Interest income | 27.60M | 58.70M | 71.40M | 60.10M | 47.90M |
Net interest income | -27.60000M | -58.70000M | -71.40000M | -60.10000M | -47.90000M |
Extraordinary items | - | - | 95.00M | 0.00000M | 31.90M |
Non recurring | - | - | - | 477.70M | - |
Other items | - | - | - | - | - |
Income tax expense | 207.10M | 190.70M | 63.10M | 27.90M | 122.80M |
Total revenue | 6660.90M | 6684.50M | 5746.30M | 4961.40M | 6027.10M |
Total operating expenses | 3542.50M | 3474.60M | 3113.90M | 3790.10M | 3239.60M |
Cost of revenue | 1946.00M | 2034.10M | 1664.40M | 1722.10M | 1973.40M |
Total other income expense net | -1.70000M | -128.80000M | -70.70000M | -73.40000M | 220.30M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 936.00M | 856.30M | 834.20M | -652.10000M | 643.40M |
Net income applicable to common shares | 936.00M | 856.30M | 834.20M | -652.10000M | 643.40M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
Total assets | 7116.80M | 7265.30M | 8382.40M | 7924.20M | 6877.30M |
Intangible assets | 1360.10M | 1366.60M | 1373.40M | 1379.40M | 1711.90M |
Earning assets | - | - | - | - | - |
Other current assets | 491.00M | 374.10M | 424.50M | 188.50M | 246.60M |
Total liab | 4839.00M | 4979.80M | 5123.10M | 5647.80M | 3363.90M |
Total stockholder equity | 2277.80M | 2285.50M | 3259.30M | 2276.40M | 3513.40M |
Deferred long term liab | 240.00M | 221.70M | 203.90M | 155.10M | 234.10M |
Other current liab | 503.60M | 628.20M | 661.20M | 511.00M | 673.60M |
Common stock | 2.30M | 2.40M | 2.80M | 2.80M | 2.90M |
Capital stock | 2.30M | 2.40M | 2.80M | 2.80M | 2.90M |
Retained earnings | -1216.80000M | -1166.20000M | -158.50000M | -992.70000M | 291.60M |
Other liab | 581.80M | 569.50M | 577.30M | 513.60M | 844.00M |
Good will | 1227.50M | 1241.50M | 1297.30M | 1301.10M | 1516.20M |
Other assets | 222.50M | 2865.50M | 161.70M | 158.30M | 153.50M |
Cash | 726.10M | 789.80M | 2015.80M | 1434.40M | 1233.80M |
Cash and equivalents | 726.10M | 789.80M | 2007.70M | 1426.30M | 969.20M |
Total current liabilities | 1286.50M | 1468.80M | 1425.80M | 1742.10M | 918.00M |
Current deferred revenue | 43.50M | - | - | 55.00M | 27.50M |
Net debt | 2565.90M | 2471.60M | 1420.20M | 3053.60M | 368.90M |
Short term debt | 322.50M | 319.90M | 319.40M | 1100.30M | 0.80M |
Short long term debt | 25.00M | 31.20M | - | 711.50M | 0.80M |
Short long term debt total | 3292.00M | 3261.40M | 3436.00M | 4488.00M | 1602.70M |
Other stockholder equity | 3682.20M | 3620.20M | 3487.00M | 3358.50M | 3302.10M |
Property plant equipment | 1943.20M | 1826.00M | 2174.70M | 2532.20M | 938.80M |
Total current assets | 2363.50M | 2573.80M | 3375.30M | 2553.10M | 2556.80M |
Long term investments | - | - | - | 0.10M | 0.10M |
Net tangible assets | 917.70M | 2285.50M | 588.60M | -404.10000M | 285.30M |
Short term investments | 15.40M | 163.40M | 8.10M | 8.10M | 264.60M |
Net receivables | 211.50M | 252.30M | 200.20M | 193.30M | 298.10M |
Long term debt | 1635.80M | 1659.20M | 1590.70M | 1587.90M | 1601.90M |
Inventory | 919.50M | 994.20M | 734.80M | 736.90M | 778.30M |
Accounts payable | 416.90M | 520.70M | 445.20M | 130.80M | 243.60M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | - | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -189.90000M | -170.90000M | -72.00000M | -92.20000M | -83.20000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 2.30M | 2.40M | 2.80M | 2.80M | 2.90M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | -1216.80000M | -1166.20000M | -158.50000M | -992.70000M | 291.60M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 2810.10M | 209.50M | 161.70M | 102.40M | 134.10M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 4753.30M | 4691.50M | 5007.10M | 5371.10M | 4320.50M |
Capital lease obligations | 1631.20M | 1571.00M | 1845.30M | 2188.60M | 6.10M |
Long term debt total | 1635.80M | 1659.20M | 1590.70M | 1592.30M | 1601.90M |
Breakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
Investments | 5.70M | -540.40000M | 1.10M | 249.70M | -256.50000M |
Change to liabilities | -252.20000M | 61.10M | 307.30M | -121.90000M | -125.10000M |
Total cashflows from investing activities | 5.70M | -253.60000M | -91.00000M | 44.30M | -574.20000M |
Net borrowings | -31.20000M | 98.50M | -712.30000M | 700.00M | -0.70000M |
Total cash from financing activities | -1035.90000M | -1778.10000M | -666.00000M | 5.90M | -484.90000M |
Change to operating activities | - | -366.80000M | -99.60000M | 8.10M | -153.80000M |
Net income | 936.00M | 856.30M | 834.20M | -652.10000M | 643.40M |
Change in cash | -63.70000M | -1217.90000M | 581.40M | 457.10M | -274.20000M |
Begin period cash flow | 789.80M | 2007.70M | 1426.30M | 969.20M | 1243.40M |
End period cash flow | 726.10M | 789.80M | 2007.70M | 1426.30M | 969.20M |
Total cash from operating activities | 975.20M | 853.20M | 1323.70M | 407.00M | 791.70M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 182.20M | 195.30M | 218.70M | 248.30M | 268.20M |
Other cashflows from investing activities | 189.90M | 380.70M | 25.00M | 249.70M | -43.50000M |
Dividends paid | -283.30000M | -264.40000M | 264.40M | -380.30000M | 390.70M |
Change to inventory | 49.90M | -311.70000M | 32.20M | -58.60000M | -104.70000M |
Change to account receivables | 44.10M | -96.00000M | -9.60000M | 61.90M | 25.70M |
Sale purchase of stock | -703.50000M | -1600.00000M | 61.20M | -300.00000M | -100.00000M |
Other cashflows from financing activities | -17.90000M | 986.30M | 45.50M | -17.30000M | 5.80M |
Change to netincome | 109.90M | 168.40M | 40.50M | 793.20M | 153.40M |
Capital expenditures | 184.20M | 93.90M | 116.00M | 205.40M | 274.20M |
Change receivables | 44.10M | -96.00000M | -9.60000M | 61.90M | 25.70M |
Cash flows other operating | 87.50M | 136.50M | -137.40000M | 384.50M | 199.00M |
Exchange rate changes | - | - | - | - | -6.80000M |
Cash and cash equivalents changes | -55.00000M | -1178.50000M | 566.70M | 457.20M | -274.20000M |
Change in working capital | -216.80000M | -366.80000M | 230.30M | -80.30000M | -273.30000M |
Stock based compensation | 78.80M | 72.20M | 64.10M | 53.10M | 84.80M |
Other non cash items | -46.20000M | 66.30M | -76.20000M | 953.70M | 34.10M |
Free cash flow | 791.00M | 759.30M | 1207.70M | 201.60M | 517.50M |
Sector: Consumer Cyclical Industry: Luxury Goods
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
TPR Tapestry Inc |
0.79 1.26% | 62.87 | 9.43 | 8.81 | 1.26 | 3.47 | 1.65 | 8.07 |
LVMUY LVMH Moet Hennessy Louis Vuitton SA ADR |
1.00 0.77% | 130.52 | 23.10 | 21.55 | 4.83 | 6.37 | 5.20 | 14.79 |
LVMHF LVMH Moët Hennessy - Louis Vuitton Société Européenne |
4.29 0.66% | 649.50 | 23.09 | 21.60 | 4.80 | 6.39 | 5.20 | 14.79 |
HESAY Hermes International SA |
3.09 1.31% | 238.62 | 53.32 | 46.73 | 18.21 | 15.86 | 17.14 | 36.17 |
HESAF Hermes International SCA |
-11.2 0.48% | 2330.00 | 53.48 | 46.95 | 18.17 | 15.95 | 17.14 | 36.17 |
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms. The company also provides men products, which includes bag collections, such as business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods including wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear items. In addition, it offers other products including women's footwear and fragrances; eyewear and sunglasses; and jewelry, such as bracelets, necklaces, rings, and earrings, watches, and other women's seasonal lifestyle apparel collections, including outerwear, ready-to-wear and cold weather accessories, such as gloves, scarves, and hats. Further, the company provides kids items, housewares, and home accessories, such as fashion bedding and tableware, stationery, and gifts. It offers its products through e-commerce sites and concession shop-in-shops, wholesale, and third-party distributors under the Coach, Kate Spade, and Stuart Weitzman brand names. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.
10 Hudson Yards, New York, NY, United States, 10001
Name | Title | Year Born |
---|---|---|
Ms. Joanne C. Crevoiserat | Pres, CEO & Director | 1964 |
Mr. Todd Kahn | CEO & Brand Pres of Coach | 1964 |
Mr. Scott A. Roe | CFO & COO | 1965 |
Ms. Elizabeth Fraser | CEO & Brand Pres of Kate Spade New York | 1962 |
Mr. Manesh B. Dadlani | VP, Principal Accounting Officer & Controller | 1983 |
Mr. Ashish Parmar | Chief Information Officer | 1976 |
Ms. Christina Colone | Global Head of Investor Relations | NA |
Mr. David E. Howard | Gen. Counsel & Sec. | 1975 |
Ms. Andrea Shaw Resnick | Chief Communications Officer | 1961 |
Ms. Jo Baldwin | Global Head of Creative Studio & VP | NA |
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