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Tapestry Inc

Consumer Cyclical US TPR

62.865USD
0.79(1.26%)

Last update at 2024-12-19T18:52:00Z

Day Range

62.4364.72
LowHigh

52 Week Range

25.7145.82
LowHigh

Fundamentals

  • Previous Close 62.08
  • Market Cap8619.69M
  • Volume2787042
  • P/E Ratio9.43
  • Dividend Yield3.78%
  • EBITDA1373.60M
  • Revenue TTM6667.60M
  • Revenue Per Share TTM28.60
  • Gross Profit TTM 4650.40M
  • Diluted EPS TTM3.99

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

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
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

Peer Comparison

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

Reports Covered

Stock Research & News

Profile

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.

Tapestry Inc

10 Hudson Yards, New York, NY, United States, 10001

Key Executives

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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