US’ Tapestry sees solid growth across regions, boosts FY25 revenue
Tapestry, Inc has reported Q3 FY25 net sales of $1.58 billion, up 7 per cent YoY, with strong gains in Coach and DTC channels. Net income reached $203 million. Over 1.2 million new North American customers were added, mainly Gen Z and Millennials. The company raised its FY25 revenue outlook to $6.95 billion and expects earnings per share of around $5, reflecting high-teens growth.
Tapestry, Inc has reported Q3 FY25 net sales of $1.58 billion, up 7 per cent YoY, with strong gains in Coach and DTC channels.
Net income reached $203 million. Over 1.2 million new North American customers were added, mainly Gen Z and Millennials.
The company raised its FY25 revenue outlook to $6.95 billion and expects earnings per share of around $5, reflecting high-teens growth.
