Tapestry (TPR) Revenue — Quarter Ended Dec 30, 2023
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Dec 30, 2023 · FY2024 Q2
Revenue for the reported quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+37.8%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 1, 2023 | $1.5B | +5.0% |
| Jul 1, 2023 | $1.6B | -0.3% |
| Sep 30, 2023 | $1.5B | +0.4% |
| Dec 30, 2023 | $2.1B | +2.9% |
Revenue performance
The reported revenue reflects a notable sequential improvement, building on the prior quarter's level.
Quarterly comparison
Compared to the preceding quarter, revenue rose sharply, and it also posted a modest gain relative to the same period a year ago.
What to watch
The magnitude of the sequential revenue increase may warrant attention in future quarters.