Tapestry said net sales for fiscal 2025 Q3 (ended March 29, 2025) totaled $1.58 billion, up 7% from a year earlier (8% on a constant currency basis), and that Coach rose 13% (15% on a constant currency basis).

1. 01

   Tapestry said net sales for fiscal 2025 Q3 (ended March 29, 2025) totaled $1.58 billion, up 7% from a year earlier (8% on a constant currency basis), and that Coach rose 13% (15% on a constant currency basis).

2. 02

   The company said its gross margin for Q3 was 76.1% (74.7% a year earlier), with GAAP operating income of $254 million and non-GAAP operating income of $277 million.

3. 03

   Tapestry said GAAP diluted earnings per share for Q3 were $0.95 ($0.60 a year earlier), and non-GAAP diluted earnings per share were $1.03. It said operating cash flow for Q3 was an inflow of $144 million.

4. 04

   The company said it expects fiscal 2025 full-year revenue of about $6.95 billion (growth of about 3% from its prior outlook) and diluted earnings per share of about $5.00 (prior outlook of $4.85 to $4.90). The outlook is on a non-GAAP basis.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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