TAPESTRY INC
For the period ended Dec 28, 2024. Filed Feb 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 28, 2024 · Filed Feb 6, 2025
TPR$135.62-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| December 28,2024 | December 30,2023 | December 28,2024 | December 30,2023 | |
| (millions, except per share data) · (millions, except per share data) | ||||
| (unaudited) · (unaudited) | ||||
| Net sales | $2,195.4 | $2,084.5 | $3,702.9 | $3,597.7 |
| Cost of sales | 562.3 | 591.3 | 934.9 | 1,006.8 |
| Gross profit | 1,633.1 | 1,493.2 | 2,768.0 | 2,590.9 |
| Selling, general and administrative expenses | 1,140.3 | 1,045.6 | 2,023.2 | 1,890.1 |
| Operating income (loss) | 492.8 | 447.6 | 744.8 | 700.8 |
| Loss on extinguishment of debt | 120.1 | — | 120.1 | — |
| Interest expense, net | 24.5 | 49.2 | 55.2 | 62.5 |
| Other expense (income) | 2.9 | (4.7) | (1.5) | (3.3) |
| Income (loss) before provision for income taxes | 345.3 | 403.1 | 571.0 | 641.6 |
| Provision (benefit) for income taxes | 34.9 | 80.8 | 74.0 | 124.3 |
| Net income (loss) | $310.4 | $322.3 | $497.0 | $517.3 |
| Net income (loss) per share: | ||||
| Basic | $1.41 | $1.41 | $2.21 | $2.26 |
| Diluted | $1.38 | $1.39 | $2.17 | $2.23 |
| Shares used in computing net income (loss) per share: | ||||
| Basic | 219.9 | 229.3 | 224.7 | 228.7 |
| Diluted | 224.9 | 231.7 | 229.3 | 232.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.