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LONDON, UK / ACCESSWIRE / May 29, 2018 / canada goose and black friday If you want access canada goose outlet niagara falls to our free earnings report on Tapestry, Inc. (NYSE: TPR), all you need to do is sign up now by clicking the following link /?symbol=TPR. The Company reported its third quarter fiscal 2018 operating and financial results on May 01, 2018. The maker of canada goose black friday 2019 mens high end shoes and handbags surpassed earnings estimates for the seventeenth successive quarter. This morning, Tapestry most recent news is on our radar and our team cheap canada goose alternative decided to put out a fantastic report on the company that is now available for free below:
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Earnings Highlights and Summary
canada goose store For the third quarter of the fiscal year 2018, Tapestry net sales totaled $1.32 billion compared to $995 million in the prior year same quarter, reflecting an increase of 33% on a reported basis. The Company revenue numbers beat analysts canada goose outlet authentic estimates of $1.30 billion. canada goose store
During Q3 canada goose outlet montreal address FY18, Tapestry gross profit totaled $909 million, resulting in a gross margin of 68.7%, compared to $705.7 million and 70.9%, respectively, in Q3 FY17. On a non GAAP basis, the Company gross profit totaled $913 million in the reported quarter, while its gross margin was 69.0% versus 70.9% in the prior year comparable quarter.
cheap canada goose uk For Q3 FY18, Tapestry operating income was $159 million, resulting in an operating margin of 12.0%, compared to $151.1 million and 15.2%, respectively, in Q3 FY17. On a non GAAP basis, the Company operating income was $184 million in the reported period, up 14% on a y o y basis; while its operating margin was 13.9% versus 16.3% in the year ago corresponding period. cheap canada goose uk
Canada Goose sale Tapestry net income was $140 million, or $0.48 per diluted share, in Q3 cheap canada goose FY18 compared to $122 million, or $0.43 per diluted share, in Q3 FY17. On a non GAAP basis, the Company net income totaled $158 million, or $0.54 per diluted share, in the reported quarter compared to $130 million, or $0.46 per diluted share, in the prior year same period. The segment global comparable store sales rose 3%, including a benefit of approximately 100 basis points (bps), which was driven by an increase in global ecommerce. For Q3 FY18, the segment operating income was $241 million on a reported basis, while its operating margin was 24.9%. canada goose chilliwack bomber black friday On a non GAAP basis, the segment operating income was $242 million and its operating margin was 25.0% in the reported quarter versus an operating margin of 24.4% in the prior year comparable quarter, both on a reported and a non GAAP basis. Canada Goose sale
Tapestry Kate Spade segment net sales totaled $269 million in Q3 FY18, reflecting buy canada goose jacket cheap in part, the strategic pullback in wholesale disposition and online flash sales. The segment global comparable store sales fell 9%, including the negative impact of approximately 800 bps from a decline in global ecommerce. In the reported quarter, the segment operating income was canada goose outlet online reviews $4 million, representing an operating margin of 1.4%. On a non GAAP basis, the segment operating income totaled $14 million, while operating margin was 5.1% in Q3 FY18.
canada goose black friday sale Tapestry Stuart Weitzman segment net sales totaled $84 million in Q3 FY18 compared to $80 million in Q3 FY17, reflecting an increase of 5%. The segment operating income was a loss of $12 million on a reported basis, while its operating margin was negative 13.9% versus positive 3.2% in the prior year corresponding quarter. canada goose black friday sale
Canada Goose online In addition, the Company is now projecting an operating income growth of at least 22% on a y o y basis, driven by a mid single digit organic growth, the acquisition of Kate Spade, and estimated synergies of approximately $45 million. Canada Goose online
cheap Canada Goose Volume traded for the day: 2.01 million shares. cheap Canada Goose
Stock performance in the previous six month https://www.baertakreation.de period up 7.95%; and year to date up 0.14%
canada goose After last Friday close, Tapestry market cap was at $12.83 billion. canada goose
Canada Goose Coats On Sale Price to Earnings (P/E) ratio was at 24.10. Canada Goose Coats On Sale
The stock has a dividend yield of 3.05%.
Canada Goose Parka The stock is part of the Consumer Goods sector, categorized under the canada goose outlet online uk Textile Apparel Footwear Accessories industry Canada Goose Parka.