WASHINGTON (dpa-AFX) - Tapestry, Inc. (TPR) reported earnings for second
quarter that beat the Street estimates.

The company's bottom line totaled $322.3 million, or $1.39 per share. This
compares with $329.9 million, or $1.36 per share, in last year's second quarter.

Excluding items, Tapestry, Inc. reported adjusted earnings of $376.7 million or
$1.63 per share for the period.

Analysts on average had expected the company to earn $1.46 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.5% to $2.08 billion from $2.03
billion last year.

Tapestry, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $322.3 Mln. vs. $329.9 Mln. last year.
-EPS (Q2): $1.39 vs. $1.36 last year.
-Analyst Estimates: $1.46
-Revenue (Q2): $2.08 Bln vs. $2.03 Bln last year.

-Guidance:
Full year EPS guidance: $4.20 - $4.25
Full year revenue guidance: $6.7 Bln


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