Benzinga | Aug 13, 2020 06:48AM EDT

Tapestry Q4 Adj. EPS $(0.25) Beats $(0.57) Estimate, Sales $714.80M Beat $662.44M Estimate

Tapestry (NYSE:TPR) reported quarterly losses of $(0.25) per share which beat the analyst consensus estimate of $(0.57) by 56.14 percent. This is a 140.98 percent decrease over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $714.80 million which beat the analyst consensus estimate of $662.44 million by 7.90 percent. This is a 52.79 percent decrease over sales of $1.51 billion the same period last year.