Tapestry, Inc. (TPR)

Tapestry Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 29, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021	Jun 27, 2020
Revenue	6,879	6,671	6,661	6,685	5,746	4,961
Revenue Growth (YoY)	2.67%	0.15%	-0.35%	16.33%	15.82%	-17.68%
Cost of Revenue	1,714	1,782	1,946	2,034	1,664	1,610
Gross Profit	5,165	4,890	4,715	4,650	4,082	3,352
Selling, General & Admin	3,791	3,633	3,535	3,475	3,024	3,234
Operating Expenses	3,791	3,633	3,535	3,475	3,024	3,234
Operating Income	1,374	1,256	1,180	1,176	1,058	117.9
Interest Expense	-370.6	-369.8	-73.1	-68.8	-73.5	-71.5
Interest & Investment Income	232.5	244.8	45.5	10.1	2.1	11.4
Other Non Operating Income (Expenses)	-4	-3.2	-1.7	-16.4	0.7	-13.3
EBT Excluding Unusual Items	1,246	1,128	1,150	1,101	986.9	44.5
Merger & Restructuring Charges	-110.9	-109.9	-	-	-89.6	-87
Impairment of Goodwill	-	-	-	-	-	-210.7
Asset Writedown	-6.3	-6.3	-7.2	-	-	-371
Other Unusual Items	-120.1	-	-	-53.7	-	-
Pretax Income	1,011	1,012	1,143	1,047	897.3	-624.2
Income Tax Expense	151.3	195.9	207.1	190.7	63.1	27.9
Net Income	859.6	816	936	856.3	834.2	-652.1
Net Income to Common	859.6	816	936	856.3	834.2	-652.1
Net Income Growth	-2.41%	-12.82%	9.31%	2.65%	-	-
Shares Outstanding (Basic)	222	229	236	264	278	279
Shares Outstanding (Diluted)	227	233	241	270	283	279
Shares Change (YoY)	-2.70%	-3.36%	-10.66%	-4.56%	1.58%	-4.20%
EPS (Basic)	3.87	3.56	3.96	3.24	3.00	-2.34
EPS (Diluted)	3.79	3.50	3.88	3.17	2.95	-2.34
EPS Growth	0.55%	-9.79%	22.40%	7.46%	-	-
Free Cash Flow	892.2	1,147	791	759.3	1,208	201.6
Free Cash Flow Per Share	3.93	4.92	3.28	2.81	4.27	0.72
Dividend Per Share	1.400	1.400	1.200	1.000	-	1.013
Dividend Growth	3.70%	16.67%	20.00%	-	-	-24.96%
Gross Margin	75.09%	73.29%	70.78%	69.57%	71.03%	67.55%
Operating Margin	19.98%	18.83%	17.71%	17.59%	18.40%	2.38%
Profit Margin	12.50%	12.23%	14.05%	12.81%	14.52%	-13.14%
Free Cash Flow Margin	12.97%	17.19%	11.88%	11.36%	21.02%	4.06%
EBITDA	1,542	1,430	1,362	1,371	1,276	366.2
EBITDA Margin	22.42%	21.44%	20.45%	20.51%	22.21%	7.38%
D&A For EBITDA	168	174	182.2	195.3	218.7	248.3
EBIT	1,374	1,256	1,180	1,176	1,058	117.9
EBIT Margin	19.98%	18.83%	17.71%	17.59%	18.40%	2.38%
Effective Tax Rate	14.97%	19.36%	18.12%	18.21%	7.03%	-
Advertising Expenses	-	616.8	570.7	551.6	395.2	238

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q