Tapestry Historical Income Statement

TPR Stock

USD 58.92 2.51 4.45%

Historical analysis of Tapestry income statement accounts such as EBIT of 782.8 M, Ebitda of 916.4 M, Cost Of Revenue of 1.2 B or Total Operating Expenses of 2 B can show how well Tapestry performed in making a profits. Evaluating Tapestry income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tapestry's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Tapestry latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tapestry is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.

About Tapestry Income Statement Analysis

Tapestry Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tapestry shareholders. The income statement also shows Tapestry investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tapestry Income Statement Chart

At this time, Tapestry's Income Tax Expense is relatively stable compared to the past year. As of 11/24/2024, Interest Expense is likely to grow to about 131.2 M, while Gross Profit is likely to drop slightly above 2.8 B.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Tapestry generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tapestry minus its cost of goods sold. It is profit before Tapestry operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tapestry. It is also known as Tapestry overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Tapestry income statement and represents the costs associated with goods and services Tapestry provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Tapestry's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tapestry current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.At this time, Tapestry's Income Tax Expense is relatively stable compared to the past year. As of 11/24/2024, Interest Expense is likely to grow to about 131.2 M, while Gross Profit is likely to drop slightly above 2.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	4.7B	4.7B	4.9B	2.8B
Total Revenue	6.7B	6.7B	6.7B	3.9B

Gross Profit Total Revenue

Tapestry income statement Correlations

	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Interest Expense	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Recurring
Total Revenue		0.99	0.94	0.44	0.45	0.5	0.96	0.91	0.41	-0.11	0.45	0.21	0.62	0.39	0.86	0.86	0.12	-0.33	-0.42	-0.1	0.47	-0.3	0.15	0.52	0.04
Gross Profit	0.99		0.9	0.52	0.53	0.57	0.91	0.88	0.49	-0.14	0.52	0.26	0.61	0.36	0.81	0.86	0.2	-0.33	-0.36	-0.06	0.4	-0.31	0.08	0.53	0.0
Other Operating Expenses	0.94	0.9		0.11	0.12	0.18	0.97	0.99	0.08	-0.13	0.12	-0.07	0.46	0.46	0.96	0.8	-0.2	-0.26	-0.59	-0.32	0.62	-0.35	0.31	0.55	0.07
Operating Income	0.44	0.52	0.11		1.0	0.99	0.23	0.04	0.99	-0.09	0.97	0.78	0.56	-0.15	-0.01	0.42	0.85	-0.28	0.32	0.56	-0.28	0.03	-0.42	0.04	-0.07
Ebit	0.45	0.53	0.12	1.0		0.99	0.24	0.06	0.99	-0.1	0.97	0.77	0.58	-0.14	0.0	0.42	0.86	-0.29	0.3	0.56	-0.27	0.02	-0.43	0.05	-0.07
Ebitda	0.5	0.57	0.18	0.99	0.99		0.31	0.11	0.98	-0.07	0.98	0.73	0.67	-0.08	0.06	0.47	0.84	-0.27	0.23	0.54	-0.21	0.0	-0.37	0.06	-0.06
Cost Of Revenue	0.96	0.91	0.97	0.23	0.24	0.31		0.93	0.21	-0.04	0.24	0.05	0.59	0.44	0.93	0.82	-0.08	-0.3	-0.55	-0.2	0.59	-0.25	0.31	0.45	0.13
Total Operating Expenses	0.91	0.88	0.99	0.04	0.06	0.11	0.93		0.01	-0.18	0.05	-0.13	0.38	0.46	0.95	0.77	-0.26	-0.24	-0.59	-0.38	0.62	-0.39	0.3	0.59	0.03
Income Before Tax	0.41	0.49	0.08	0.99	0.99	0.98	0.21	0.01		0.05	0.98	0.79	0.58	-0.1	-0.03	0.4	0.87	-0.23	0.33	0.55	-0.32	0.08	-0.38	0.01	-0.05
Total Other Income Expense Net	-0.11	-0.14	-0.13	-0.09	-0.1	-0.07	-0.04	-0.18	0.05		0.05	0.02	0.18	0.25	-0.1	-0.09	0.11	0.32	0.12	0.03	-0.28	0.52	0.45	-0.28	0.42
Net Income	0.45	0.52	0.12	0.97	0.97	0.98	0.24	0.05	0.98	0.05		0.66	0.65	-0.02	-0.03	0.37	0.91	-0.25	0.24	0.51	-0.23	0.04	-0.38	0.12	-0.05
Income Tax Expense	0.21	0.26	-0.07	0.78	0.77	0.73	0.05	-0.13	0.79	0.02	0.66		0.22	-0.32	-0.03	0.38	0.52	-0.09	0.53	0.55	-0.5	0.2	-0.27	-0.32	-0.04
Depreciation And Amortization	0.62	0.61	0.46	0.56	0.58	0.67	0.59	0.38	0.58	0.18	0.65	0.22		0.37	0.38	0.59	0.44	-0.07	-0.31	0.25	0.21	-0.14	0.16	0.1	0.02
Interest Expense	0.39	0.36	0.46	-0.15	-0.14	-0.08	0.44	0.46	-0.1	0.25	-0.02	-0.32	0.37		0.42	0.22	-0.13	0.02	-0.57	-0.44	0.58	-0.65	0.45	0.63	-0.45
Selling General Administrative	0.86	0.81	0.96	-0.01	0.0	0.06	0.93	0.95	-0.03	-0.1	-0.03	-0.03	0.38	0.42		0.82	-0.38	-0.12	-0.6	-0.4	0.63	-0.31	0.43	0.39	0.08
Minority Interest	0.86	0.86	0.8	0.42	0.42	0.47	0.82	0.77	0.4	-0.09	0.37	0.38	0.59	0.22	0.82		-0.04	-0.11	-0.34	-0.13	0.26	-0.18	0.16	0.22	0.02
Net Income From Continuing Ops	0.12	0.2	-0.2	0.85	0.86	0.84	-0.08	-0.26	0.87	0.11	0.91	0.52	0.44	-0.13	-0.38	-0.04		-0.22	0.42	0.64	-0.39	0.14	-0.43	0.01	0.01
Non Operating Income Net Other	-0.33	-0.33	-0.26	-0.28	-0.29	-0.27	-0.3	-0.24	-0.23	0.32	-0.25	-0.09	-0.07	0.02	-0.12	-0.11	-0.22		0.01	-0.16	-0.22	0.05	0.29	-0.31	-0.08
Selling And Marketing Expenses	-0.42	-0.36	-0.59	0.32	0.3	0.23	-0.55	-0.59	0.33	0.12	0.24	0.53	-0.31	-0.57	-0.6	-0.34	0.42	0.01		0.57	-0.78	0.4	-0.3	-0.43	0.13
Tax Provision	-0.1	-0.06	-0.32	0.56	0.56	0.54	-0.2	-0.38	0.55	0.03	0.51	0.55	0.25	-0.44	-0.4	-0.13	0.64	-0.16	0.57		-0.65	0.34	-0.31	-0.45	0.13
Interest Income	0.47	0.4	0.62	-0.28	-0.27	-0.21	0.59	0.62	-0.32	-0.28	-0.23	-0.5	0.21	0.58	0.63	0.26	-0.39	-0.22	-0.78	-0.65		-0.57	0.36	0.57	-0.15
Net Interest Income	-0.3	-0.31	-0.35	0.03	0.02	0.0	-0.25	-0.39	0.08	0.52	0.04	0.2	-0.14	-0.65	-0.31	-0.18	0.14	0.05	0.4	0.34	-0.57		-0.08	-0.67	0.79
Reconciled Depreciation	0.15	0.08	0.31	-0.42	-0.43	-0.37	0.31	0.3	-0.38	0.45	-0.38	-0.27	0.16	0.45	0.43	0.16	-0.43	0.29	-0.3	-0.31	0.36	-0.08		-0.17	0.32
Extraordinary Items	0.52	0.53	0.55	0.04	0.05	0.06	0.45	0.59	0.01	-0.28	0.12	-0.32	0.1	0.63	0.39	0.22	0.01	-0.31	-0.43	-0.45	0.57	-0.67	-0.17		-0.49
Non Recurring	0.04	0.0	0.07	-0.07	-0.07	-0.06	0.13	0.03	-0.05	0.42	-0.05	-0.04	0.02	-0.45	0.08	0.02	0.01	-0.08	0.13	0.13	-0.15	0.79	0.32	-0.49

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Tapestry Account Relationship Matchups

Tapestry income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Revenue	5.0B	5.7B	6.7B	6.7B	6.7B	3.9B
Gross Profit	3.2B	4.1B	4.7B	4.7B	4.9B	2.8B
Other Operating Expenses	5.5B	4.8B	5.5B	5.5B	5.5B	3.1B
Operating Income	(550.8M)	968M	1.2B	1.2B	1.1B	786.9M
Ebit	(550.8M)	968.7M	1.2B	1.2B	1.1B	782.8M
Ebitda	(564.1M)	1.2B	1.4B	1.4B	1.4B	916.4M
Cost Of Revenue	1.7B	1.7B	2.0B	1.9B	1.8B	1.2B
Total Operating Expenses	3.8B	3.1B	3.5B	3.5B	3.7B	2.0B
Income Before Tax	(624.2M)	897.3M	1.0B	1.1B	1.0B	778.3M
Total Other Income Expense Net	(73.4M)	(70.7M)	(128.8M)	(29.3M)	(128.2M)	(121.8M)
Net Income	(652.1M)	834.2M	856.3M	936M	816M	543.6M
Income Tax Expense	27.9M	63.1M	190.7M	207.1M	195.9M	233.9M
Depreciation And Amortization	(13.3M)	218.7M	195.3M	182.2M	229M	138.7M
Interest Expense	60.1M	71.4M	58.7M	27.6M	125M	131.3M
Selling General Administrative	3.4B	2.5B	2.7B	2.8B	2.8B	1.9B
Net Income Applicable To Common Shares	(652.1M)	834.2M	856.3M	936M	1.1B	571.2M
Net Income From Continuing Ops	(652.1M)	834.2M	856.3M	936M	816M	520.3M
Selling And Marketing Expenses	366.1M	573.8M	782.4M	787.7M	837.9M	673.7M
Tax Provision	27.9M	63.1M	190.7M	207.1M	195.9M	124.0M
Interest Income	60.1M	71.4M	58.7M	27.6M	31.7M	49.1M
Net Interest Income	(60.1M)	(71.4M)	(58.7M)	(27.6M)	(125M)	(118.8M)
Reconciled Depreciation	248.3M	218.7M	195.3M	182.2M	229M	181.5M

Pair Trading with Tapestry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tapestry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tapestry will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tapestry Stock

0.84	AS	Amer Sports,	Pair Corr
0.82	RL	Ralph Lauren Corp	Pair Corr
0.66	UA	Under Armour C	Pair Corr
0.67	DOGZ	Dogness International	Pair Corr

Moving against Tapestry Stock

0.9	WLDS	Wearable Devices Buyout Trend	Pair Corr
0.85	CRI	Carters	Pair Corr
0.83	DOOO	BRP Inc Earnings Call This Week	Pair Corr
0.81	FEBO	Fenbo Holdings	Pair Corr
0.8	DHI	DR Horton	Pair Corr

The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tapestry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tapestry to buy it.

The correlation of Tapestry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Tapestry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Tapestry Stock Analysis

When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Tapestry Historical Income Statement

About Tapestry Income Statement Analysis

Tapestry Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Tapestry income statement Correlations

Tapestry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tapestry income statement Accounts

Pair Trading with Tapestry

Moving together with Tapestry Stock

Moving against Tapestry Stock

Additional Tools for Tapestry Stock Analysis

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Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Other Operating Expenses
Ebitda	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Operating Income
Ebitda	+ 0.99	Ebit

Interest Income	- 0.78	Selling And Marketing Expenses
Extraordinary Items	- 0.67	Net Interest Income
Interest Income	- 0.65	Tax Provision
Net Interest Income	- 0.65	Interest Expense
Selling And Marketing Expenses	- 0.6	Selling General Administrative
Selling And Marketing Expenses	- 0.59	Total Operating Expenses