Tapestry (TPR) IV elevated into EPS and China outlook as China virus spreads
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Tapestry (TPR) Tops Q2 EPS by 9c, Revenues Beat; Lowers FY20 EPS/Revenue Guidance Below Consensus on Coronavirus Impact
February 6, 2020 6:48 AM ESTTapestry (NYSE: TPR) reported Q2 EPS of $1.08, $0.09 better than the analyst estimate of $0.99. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.81 billion.
Overview of Second Quarter 2020 Tapestry, Inc. Results:
Net sales totaled $1.82 billion for the fiscal second quarter as compared to $1.80 billion in the prior year, an increase of 1% on a reported and constant currency basis.Gross profit totaled $1.21 billion on a reported basis, while gross margin for the quarter was 66.6% compared to $1.20 billion and 66.8%, respectively, in the prior year. On a non-GAAP basis, gross profit... More