Tapestry (TPR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2024, Tapestry (TPR) reported revenue of $2.2 billion, up 5.3% over the same period last year. EPS came in at $2.00, compared to $1.63 in the year-ago quarter.The reported revenue represents a surprise of +4.14% over the Zacks Consensus Estimate of $2.11 billion. With the consensus EPS estimate being $1.74, the EPS surprise was +14.94%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Tapestry performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Coach: $1.71 billion versus the four-analyst average estimate of $1.58 billion. The reported number represents a year-over-year change of +10.9%. Net Sales- Stuart Weitzman: $69.70 million versus $82.06 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -15.2% change. Net Sales- Kate Spade: $416.40 million versus $443.70 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.6% change. Operating income (loss)- Coach: $620.90 million versus $551.02 million estimated by three analysts on average. Operating income (loss)- Stuart Weitzman: -$1 million versus the three-analyst average estimate of $0.86 million. Operating income (loss)- Kate Spade: $68 million versus $69.17 million estimated by three analysts on average. View all Key Company Metrics for Tapestry here>>>Shares of Tapestry have returned +7.1% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tapestry, Inc. (TPR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks