Tapestry reported $6.67 billion in FY24 net sales, with a 1 per cent increase excluding currency impact.
Gross profit improved to $4.89 billion, driven by lower freight costs and FX gains.
FY24 net income was $816 million, with Q4 net sales slightly declining to $1.59 billion.
Q4 net income reached $159 million, with earnings per diluted share of $0.68.