Company Earnings UpdateTapestry (NYSE: TPR) 3Q19 Results: Revenue Misses Expectations, Opening Stores in China Coresight Research May 13, 2019 Executive Summary Tapestry reported adjusted 3Q19 EPS of $0.42, down 22.2% from the prior year period and beating the $0.41 consensus estimate. Total revenues grew 0.8% (2% currency neutral) to $1.33 billion, missing the $1.34 billion consensus estimate. Adjusted gross margin expanded 30 bps to 69.2%, driven by Kate Spade. The company continues to expect a low-to-mid-single-digit revenue growth and EPS of $2.55-2.60 for fiscal 2019. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Grocery Retailing—Market Forecast and Competitive Landscape: Nontraditional Grocers To Gain Share Amid Weak Volume Demand and Tariff PressuresAnalyst Corner: US Shoppers Are Worried About Higher Prices from Tariffs—Consumer Survey Insights with John MercerWeekly US Store Openings and Closures Tracker 2025, Week 43: Astrid & Miyu and Hermès Open StoresInnovator Profile: MUSE Inc.—Transforming Retail Operations with Intelligent Store Robots
