Tapestry (TPR) stock price, revenue, and financials

Tapestry market cap is $3.9 b, and annual revenue was $6.03 b in FY 2019

$3.9 B

TPR Mkt cap, 22-May-2020

$1.1 B

Tapestry Revenue Q3, 2020
Tapestry Gross profit (Q3, 2020)616.2 M
Tapestry Gross profit margin (Q3, 2020), %57.4%
Tapestry Net income (Q3, 2020)-677.1 M
Tapestry EBIT (Q3, 2020)-685.5 M
Tapestry Cash, 28-Mar-2020742.6 M
Tapestry EV7 B

Tapestry Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.5b5.9b6.0b

Revenue growth, %

7%3%

Cost of goods sold

1.4b2.0b

Gross profit

3.1b4.1b

Gross profit Margin, %

68%67%

General and administrative expense

2.4b3.2b

Operating expense total

2.4b3.2b

EBIT

653.5m814.1m

EBIT margin, %

15%14%

Interest expense

74.0m47.9m

Pre tax profit

626.6m759.0m766.2m

Income tax expense

166.1m168.0m122.8m

Net Income

460.5m591.0m643.4m

Quarterly

USDQ1, 2017Q2, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.0b1.3b1.3b1.8b1.4b1.8b1.3b1.4b1.1b

Cost of goods sold

322.9m415.5m524.5m446.1m597.3m415.5m443.4m606.3m456.5m

Gross profit

714.7m906.2m764.4m935.1m1.2b915.9m914.5m616.2m

Gross profit Margin, %

69%69%59%68%67%69%67%57%

General and administrative expense

548.8m628.8m831.0m777.4m822.8m810.1m862.9m846.6m1.3b

Operating expense total

548.8m628.8m831.0m777.4m822.8m810.1m862.9m846.6m1.3b

EBIT

165.9m277.4m(21.8m)157.7m380.7m105.8m51.6m363.1m(685.5m)

EBIT margin, %

16%21%(2%)11%21%8%4%(64%)

Interest expense

5.1m13.5m

Pre tax profit

160.2m272.3m(42.3m)144.6m367.5m95.2m26.6m

Income tax expense

42.8m72.6m(24.6m)261.0m22.3m112.7m(22.2m)6.6m56.2m(27.9m)

Net Income

117.4m199.7m(17.7m)122.3m254.8m117.4m7.2m298.8m(677.1m)

Tapestry Balance Sheet

Quarterly

USDQ3, 2010Q1, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

702.8m621.4m812.7m1.1b929.7m760.8m858.7m876.4m714.6m568.2m463.5m660.9m836.3m1.8b966.0m843.8m821.6m1.0b1.3b1.4b1.4b2.1b1.0b904.7m1.2b1.1b522.1m896.9m742.6m

Accounts Receivable

118.1m133.2m131.7m212.0m169.5m178.3m223.0m177.1m178.0m228.6m197.7m209.0m228.5m196.9m246.9m303.6m263.2m245.1m269.6m203.4m302.7m347.8m292.3m283.1m360.5m285.7m313.1m363.5m190.4m

Prepaid Expenses

100.7m121.2m153.1m169.3m185.0m231.4m273.0m272.6m46.2m207.2m159.6m136.0m107.6m129.0m85.2m85.8m76.8m114.0m149.8m137.6m109.1m86.9m87.9m65.2m65.2m60.2m

Inventories

306.7m458.9m391.4m429.0m475.4m598.1m493.7m515.9m637.2m553.0m583.7m597.4m447.2m456.9m574.7m438.5m464.1m546.8m464.9m478.7m852.8m666.2m714.3m820.9m732.4m811.1m880.2m748.3m852.9m

Current Assets

1.5b1.4b1.6b1.9b1.8b1.8b1.8b1.9b1.9b1.8b1.8b1.9b1.9b2.9b2.4b2.3b2.3b2.5b2.8b2.8b3.0b3.3b2.3b2.5b2.8b2.7b2.2b2.5b2.1b

PP&E

544.4m546.2m552.8m595.8m602.7m687.5m701.3m686.6m720.9m748.3m742.0m701.2m684.0m668.4m727.4m784.4m823.2m774.6m641.2m661.2m860.8m877.0m889.4m888.3m896.0m921.6m889.3m886.3m818.7m

Goodwill

291.0m321.7m319.0m352.0m364.7m416.5m386.7m359.7m372.9m357.9m363.4m339.4m315.5m315.6m436.3m437.1m453.4m505.9m467.3m481.1m1.4b1.4b1.5b1.5b1.5b1.5b1.5b1.5b1.3b

Total Assets

2.6b2.6b2.7b3.1b3.0b3.2b3.3b3.3b3.5b3.5b3.6b3.7b3.6b4.5b4.6b4.6b4.7b4.6b4.7b4.7b7.5b7.5b6.6b6.7b7.1b7.0b8.5b8.7b

Accounts Payable

111.2m105.4m92.6m136.7m107.4m133.0m152.6m137.1m164.8m135.1m109.8m173.7m160.5m165.3m215.7m147.7m174.6m173.5m152.5m129.2m292.7m234.8m221.9m292.9m299.1m260.6m254.3m252.4m200.1m

Short-term debt

742.0k750.0k791.0k804.0k847.0k22.3m22.2m22.1m500.0k485.0k210.5m170.0m20.0m7.5m15.0m15.0m15.0m800.6m800.6m700.0k700.0k700.0k700.0k364.9m

Current Liabilities

551.2m569.7m550.0m811.0m623.2m730.9m768.9m614.5m707.4m702.9m787.9m817.5m715.4m691.0m751.0m704.0m731.5m697.2m715.2m636.3m1.7b1.7b860.1m899.4m1.1b996.6m1.3b1.1b

Long-term debt

24.2m24.1m23.5m23.2m22.6m985.0k485.0k485.0k485.0k889.2m875.6m872.0m868.5m591.4m591.6m591.8m1.9b1.9b1.6b1.6b1.6b1.6b3.6b1.9b3.5b

Total Debt

25.0m24.8m24.2m24.3m23.5m23.3m22.7m22.6m985.0k485.0k210.5m170.0m20.0m889.2m875.6m872.0m868.5m591.4m591.6m591.8m1.9b2.7b1.6b1.6b1.6b1.6b3.6b1.9b3.8b

Total Liabilities

978.6m1.0b979.2m1.2b1.0b1.2b1.2b1.0b1.1b1.1b1.2b1.2b1.1b2.0b2.1b2.0b2.1b1.9b1.9b1.8b4.5b4.5b3.5b3.4b3.6b3.4b5.4b5.4b5.2b

Common Stock

3.0m3.0m2.9m2.9m2.9m2.8m2.8m2.8m2.8m2.8m2.7m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.9m2.9m2.9m2.9m2.8m2.8m2.8m

Preferred Stock

Additional Paid-in Capital

1.4b1.6b1.9b2.2b2.3b2.4b2.4b2.5b2.5b2.6b2.6b2.7b2.7b2.7b2.8b2.8b2.8b2.9b2.9b2.9b3.0b3.1b3.2b3.2b3.3b3.3b3.3b3.3b

Retained Earnings

269.1m(22.9m)(202.4m)(372.4m)(384.1m)(426.2m)(382.9m)(228.2m)(153.8m)(125.2m)(202.1m)(193.3m)(102.9m)(107.9m)(186.8m)(110.4m)(91.7m)(81.3m)23.7m51.1m(5.9m)(38.8m)4.5m163.7m320.7m340.2m(134.3m)71.3m

Total Equity

1.7b1.6b1.7b1.9b1.9b2.0b2.1b2.2b2.4b2.4b2.4b2.4b2.5b2.5b2.5b2.6b2.6b2.7b2.8b2.9b2.9b2.9b3.1b3.3b3.5b3.5b3.1b3.3b2.6b

Debt to Equity Ratio

0 x0 x0 x0.4 x0.4 x0.3 x0.3 x0.2 x0.2 x0.2 x0.6 x0.5 x

Debt to Assets Ratio

0 x0 x0 x0.2 x0.2 x0.2 x0.2 x0.1 x0.1 x0.1 x0.3 x0.2 x

Financial Leverage

1.6 x1.6 x1.6 x1.7 x1.5 x1.6 x1.6 x1.5 x1.5 x1.5 x1.5 x1.5 x1.4 x1.8 x1.8 x1.8 x1.8 x1.7 x1.7 x1.6 x2.5 x2.5 x2.1 x2 x2 x2 x2.7 x2.6 x

Tapestry Cash Flow

Quarterly

USDQ3, 2010Q1, 2011Q3, 2011Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

539.4m188.9m678.3m562.5m787.5m221.4m574.1m813.1m217.9m515.3m706.1m119.1m302.6m390.7m96.4m266.5m379.0m117.4m317.1m439.3m(17.7m)45.5m185.8m122.3m377.1m494.5m318.8m(358.3m)

Depreciation and Amortization

94.0m32.3m93.8m65.1m98.7m36.1m76.9m115.7m45.0m92.9m138.1m65.5m

Accounts Receivable

9.0m(23.7m)(24.1m)(70.8m)(26.2m)(4.3m)(53.2m)(10.5m)(601.0k)(55.3m)(23.9m)(14.1m)(42.1m)(10.0m)(29.3m)(87.9m)(47.2m)600.0k(35.1m)35.9m31.6m14.0m78.6m25.5m(34.2m)50.9m(38.1m)(78.7m)75.2m

Inventories

(21.7m)(97.7m)(31.9m)(16.0m)(64.3m)(71.5m)26.3m(9.4m)(104.8m)(21.0m)(55.5m)(92.7m)48.7m31.4m(95.5m)38.9m21.1m(86.1m)(26.9m)(31.1m)(156.0m)12.5m12.0m(150.7m)(42.1m)(123.1m)(116.7m)19.5m(171.6m)

Accounts Payable

8.6m(1.9m)(15.3m)17.0m(10.7m)(23.0m)(723.0k)(14.6m)(19.9m)(48.0m)(73.8m)21.6m10.7m14.9m(7.0m)(75.6m)(49.0m)(8.0m)(27.6m)(51.9m)(23.8m)(92.0m)(136.7m)23.4m12.6m(43.5m)37.1m19.3m(18.5m)

Cash From Operating Activities

809.4m177.5m812.6m836.1m938.9m202.2m830.0m1.0b164.1m564.5m669.3m138.9m583.6m750.8m8.0m310.0m509.2m(38.1m)328.1m530.0m(103.8m)431.0m586.5m(19.3m)599.0m602.2m5.7m561.7m446.1m

Purchases of PP&E

(51.6m)(23.1m)(91.0m)(70.2m)(111.6m)(56.3m)(117.1m)(159.9m)(45.9m)(106.8m)(157.6m)(40.4m)(79.6m)(124.5m)(69.5m)(175.5m)(276.4m)(67.6m)(121.7m)(192.1m)(48.9m)(126.5m)(186.6m)(55.2m)(116.4m)(184.2m)(71.9m)(122.2m)(172.9m)

Cash From Investing Activities

(257.7m)(14.5m)(72.4m)(82.3m)(172.8m)(101.7m)(268.5m)(374.5m)(231.4m)(523.0m)(673.9m)6.0m(13.1m)(18.2m)(220.4m)(545.7m)(674.9m)555.6m599.8m562.5m(2.2b)(2.0b)(2.1b)(223.0m)(405.5m)(477.7m)(73.6m)(127.9m)(69.2m)

Short-term Borrowings

(7.5m)(150.0m)(150.0m)(70.0m)(350.0m)(480.0m)

Long-term Borrowings

(594.0k)(86.0k)(656.0k)(185.0k)(701.0k)(96.0k)(650.0k)(753.0k)(500.0k)(500.0k)(500.0k)(500.0k)(500.0k)(3.7m)(7.5m)(285.0m)(285.0m)(285.0m)(1.1b)(200.0k)(400.0k)(600.0k)

Dividends Paid

(71.5m)(44.8m)(133.9m)(130.6m)(195.6m)(85.8m)(255.5m)(339.7m)(95.0m)(189.8m)(283.7m)(92.6m)(185.6m)(278.6m)(93.3m)(187.0m)(280.7m)(94.0m)(188.5m)(283.2m)(95.1m)(191.0m)(287.1m)(97.2m)(194.9m)(292.8m)(96.8m)(287.1m)

Cash From Financing Activities

(653.3m)(140.3m)(526.7m)(369.5m)(530.6m)(257.7m)(617.0m)(697.5m)(281.5m)(536.1m)(593.2m)(71.5m)(314.7m)469.3m(110.7m)(208.9m)(304.6m)(377.4m)(467.0m)(550.2m)1.0b940.0m(158.4m)(94.1m)(187.8m)(287.3m)(377.4m)(506.5m)(603.1m)

Net Change in Cash

(97.6m)24.9m216.3m385.8m229.9m(156.5m)(58.6m)(40.9m)(348.2m)(494.6m)(599.3m)69.0m244.4m1.2b(325.8m)(448.0m)(470.2m)141.0m450.7m535.5m(1.3b)(607.9m)(1.6b)(338.7m)(6.4m)(168.1m)(447.1m)(72.3m)(226.6m)

Interest Paid

500.0k1.2m1.4m1.2m18.3m19.5m13.2m13.2m26.0m12.8m20.3m49.2m19.1m45.4m18.7m18.9m50.4m

Income Taxes Paid

10.6m67.8m1.9m60.8m124.7m75.1m139.4m155.2m22.5m46.5m68.0m69.2m102.3m135.3m34.7m54.8m80.5m

Tapestry Ratios

USDY, 2020

EV/EBIT

-10.2 x

EV/CFO

15.6 x