Tapestry, Inc. Reports Fiscal 2025 Fourth Quarter and Full Year Results
Summary by Hastings Tribune
2 Articles
2 Articles
Tapestry Q4 revenues rise 8% to $1.72bn
Tapestry, the luxury group behind Coach, has reported stronger-than-expected results for its fourth quarter, as revenues rose 8% to $1.72bn (£1.27bn) in the three months to 28 June. According to the group, its growth was led by Coach’s 13% constant currency sales increase in Greater China and double-digit revenue gains in Europe. Tapestry’s gross margin expanded by 140 basis points to 76.3% for the quarter, driven by operational improvements, …
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