Description

Tapestry, Inc.: Synergies From Capri, Investment in Brands And Businesses & Other Major Drivers

Tapestry Inc. reported its third quarter earnings results, outpacing expectations primarily due to disciplined brand building and operational excellence. CEO, Joanne Crevoiserat, highlighted that total revenue was aligned with the prior year on a constant currency basis, reflecting the initial end of their guidance range. The fashion house witnessed a 2% sales decline in Greater China, although it remained confident about long-term prospects and continued investment in the region. Conversely, international growth was up 3% at constant currency, elevated by progress across Europe, other parts of Asia, and Japan. Ironically, North American revenue fell 3% compared to the prior year amidst a challenging consumer environment.

Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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