Categories AlphaGraphs, Consumer, Earnings
TPR Earnings: A snapshot of Tapestry’s Q2 2023 financial results
Luxury fashion company Tapestry Inc. (NYSE: TPR) has announced financial results for the second quarter of 2023, reporting a decline in sales.
At $2.03 billion, second-quarter net sales were down 5% year-over-year, with all three operating segments registering declines.
Meanwhile, net income increased to $329.9 million or $1.36 per share in the most recent quarter from $317.9 million or $1.15 per share in the prior year period.
“During the key holiday season – where brand magic, compelling product, and operational excellence are required to win with consumers – we outperformed expectations. To this end, we delivered record second-quarter earnings despite a challenging backdrop,” said Tapestry’s CEO Joanne Crevoiserat.
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased