Tapestry (TPR) Revenue — Quarter Ended Mar 29, 2025
Revenue for the quarter decreased significantly compared to the immediately preceding quarter. On a year-over-year basis, revenue rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 29, 2025 · FY2025 Q3
Revenue for the quarter decreased significantly compared to the immediately preceding quarter. On a year-over-year basis, revenue rose compared to the same quarter one year earlier.
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
-27.8%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.9B
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 |
|---|---|---|
| Jun 29, 2024 | $1.6B | -1.8% |
| Sep 28, 2024 | $1.5B | -0.4% |
| Dec 28, 2024 | $2.2B | +5.3% |
| Mar 29, 2025 | $1.6B | +6.9% |
Revenue performance
Reported revenue fell sharply from the prior quarter, reflecting a reversal of the sequential growth seen in the preceding period.
Quarterly comparison
Compared to the same quarter one year ago, revenue increased, contrasting with the sequential decline. The trailing twelve-month revenue remains above levels from the prior fiscal year.
What to watch
The sharp sequential decline warrants attention to whether demand trends are shifting or if seasonal factors contributed to the drop.