Earnings Feed

PRTS

Consumer

Adjusted EBITDA loss was $3.1 million compared to a positive $0.1 million in the prior year period.
Ended the quarter with $19.8 million in cash and increased revolver capacity to manage near-term uncertainty.
GAAP net loss widened to $12.7 million from $8.7 million, impacted by lower gross margin, higher marketing costs, one-time advisory fees, and restructuring costs.
Gross profit increased 3% to $49.8 million, with gross margin declining slightly to 32.8% from 33.5% due to product mix and tariff impacts.
Inventory increased to $94 million from $90 million, reflecting proactive stocking to improve supply chain continuity.
Reported revenue of $151.9 million, up 5% from $144.3 million in the prior year quarter, driven by growth in e-commerce and offline channels.

TPR

Consumer

Adjusted EPS was $5.10 for fiscal 2025, growing 19% versus prior year, exceeding guidance.
Direct-to-consumer business grew 6%, including mid-teens digital revenue growth and low single-digit brick-and-mortar sales increase.
Fourth quarter gross margin was 76.3%, 140 basis points above prior year, driven by AUR growth and operational outperformance.
Fourth quarter revenue grew 8% on a constant currency basis, driven by strong performance in North America, Europe, and China.
Inventory levels were 4% above prior year excluding Stuart Weitzman, with expectations for modest decline in fiscal 2026.
Operating margin reached 20%, with a 210 basis points increase in gross margin year-over-year.
Returned $2.3 billion to shareholders in fiscal 2025, including $2 billion in accelerated share repurchase and $300 million in dividends.
Tapestry delivered $7 billion in revenue for fiscal 2025, with a 5% overall revenue growth and 10% growth at Coach.