Tapestry (TPR) Revenue — Quarter Ended Jun 29, 2024
Revenue for the quarter increased compared to the prior quarter. However, it declined relative to the same quarter last year.
Key takeaway
Quarter ended Jun 29, 2024 · FY2024 Q4
Revenue for the quarter increased compared to the prior quarter. However, it declined relative to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+7.3%
Change from the immediately preceding quarter.
Year-over-year
-1.8%
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 |
|---|---|---|
| Sep 30, 2023 | $1.5B | +0.4% |
| Dec 30, 2023 | $2.1B | +2.9% |
| Mar 30, 2024 | $1.5B | -1.8% |
| Jun 29, 2024 | $1.6B | -1.8% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, reversing the prior sequential decline.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was lower, continuing a year-over-year decline seen in the prior quarter.
What to watch
The year-over-year revenue decline warrants attention given the sequential improvement.