Tapestry, Inc reported a 5 per cent year-over-year sales increase to $2.20 billion in FY25 Q2, with gross profit of $1.63 billion and a 74.4 per cent margin.
Net income was $310 million ($450 million non-GAAP).
Strong cash flow and balance sheet led to an increased FY25 outlook, projecting revenue over $6.85 billion and EPS of $4.85–$4.90.
The company remains confident in long-term growth.