Income in the fourth quarter (fourth quarter), which ended on June 28, increased 8 percent to $ 1.72 billion, with profits in North America (+8 percent), Europe (+10 percent) and APAC (+6 percent). The gross margin extended 210 basic points for the year and 140 basic points in the fourth quarter, driven by operational efficiency.
The coach delivered $ 5.6 billion in annual income (+10 percent of constant currency), while Kate Spade fell 10 percent to $ 1.20 billion and Stuart Weitzman fell 11 percent to $ 215 million. Kate Spade registered $ 855 million in deterioration charges due to the reduction of cash flow expectations and early tariff impacts, the company said in a press release.
Tapestry, INC has registered income of the 2015 fiscal year of $ 7.01 billion, an increase of 5 percent, led by growth in Coach and Europe and Greater China. P4 sales increased 8 percent, with gross margin gains. The company returned $ 2.3 billion to shareholders and will increase its dividend 14 percent in fiscal year 26. EPS is seen at $ 5.30– $ 5.45, despite a rate coup of $ 160 million. The adjusted free cash flow is forecast at $ 1.3 billion.
The company added 6.8 million new customers during the year, 60 percent of the Z generation and millennials, while direct revenues to the consumer grew by 5 percent annually, backed by the growth of digital sales in the mid -adolescents. Bag sales in the coach saw profits of the average unit of the average unit (aur) in the fourth quarter and the low two -digit earnings for the year.
On a non -gaap base, the operational income of fiscal year 2000 reached $ 1.40 billion (margin of 20 percent) versus $ 1.25 billion last year, and EPS rose to $ 5.10 from $ 4.29. The Net Gaap income was $ 183 million ($ 0.82 EPS), below $ 816 million, reflecting disability, organizational efficiency and positions related to transactions. The adjusted free cash flow was $ 1.35 billion.
Tapestry returned $ 2.3 billion to shareholders in fiscal year 2015: $ 300 million in dividends and $ 2 billion through an accelerated shares of shares (ASR) at an average expected price of $ 78. For the fiscal year26, the Board approved an increase in dividends of 14 percent to $ 1.60 per share annually and has authorized $ 800 million in additional rebuildings.
Joanne Crevoiserat, executive director of Tapestry, IncHe commented: “Prosecutor 2025 was a year of rupture for the uphol Profit adjusted by shares in the shares adjusted for sharing more than $ 3. accumulatively to shareholders.
For fiscal year 26, the upholstery predicts that the income is close to $ 7.2 billion, with a single-digit pro-form growth excluding Stuart Weitzman and EPS from $ 5.30 to $ 5.45, despite a projected blow of $ 160 million rates and increased duties (230 points of greatest impact on the margin). A free cash flow is expected at approximately $ 1.3 billion.
Fiber2Fashion News Desk (KD)
