Benzinga | May 6, 2021 06:55AM EDT

Tapestry Q3 Adj. EPS $0.51 Beats $0.30 Estimate, Sales $1.27B Beat $1.20B Estimate

Tapestry (NYSE:TPR) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.30 by 70 percent. This is a 288.89 percent increase over losses of $(0.27) per share from the same period last year. The company reported quarterly sales of $1.27 billion which beat the analyst consensus estimate of $1.20 billion by 5.83 percent. This is a 18.36 percent increase over sales of $1.07 billion the same period last year.