Tapestry, Inc. (TPR) CEO Jide Zeitlin on Q3 2020 Results - Earnings Call Transcript

Apr. 30, 2020 4:01 PM ETTapestry, Inc. (TPR) StockTPR
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Q3: 2020-04-30 Earnings Summary

EPS of -$0.27 misses by $0.23
 | Revenue of $1.07B (-19.43% Y/Y) misses by $8.69M

Tapestry, Inc. (NYSE:TPR) Q3 2020 Earnings Conference Call April 30, 2020 8:30 AM ET

Company Participants

Andrea Resnick - Global Head of Investor Relations and Corporate Communications
Jide Zeitlin - Chairman and Chief Executive Officer
Joanne Crevoiserat - Chief Financial Officer
Todd Kahn - President, Chief Administrative Officer and Interim Chief Commercial Officer, Coach

Conference Call Participants

Bob Drbul - Guggenheim Securities
Ike Boruchow - Wells Fargo
Erinn Murphy - Piper Sandler
Alexandra Walvis - Goldman Sachs
Mark Altschwager - Baird
Jamie Merriman - Bernstein
Lorraine Hutchinson - Bank of America
Oliver Chen - Cowen
Paul Trussell - Deutsche Bank
Simeon Siegel - BMO Capital
Michael Binetti - Credit Suisse

Operator

Good day and welcome to the Tapestry Conference Call. Today’s call is being recorded. [Operator Instructions] At this time, for opening remarks and introductions, I would like to turn the call over to Andrea Resnick, Global Head of Investor Relations & Corporate Communications.

Andrea Resnick

Good morning and thank you for joining us. With me today to discuss our quarterly results are Jide Zeitlin, Tapestry’s Chairman and Chief Executive Officer; and Joanne Crevoiserat, Tapestry's Chief Financial Officer.

Before we begin, we must point out that this conference call will involve certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, including projections for our business in the current or future quarters or fiscal years. Forward-looking statements are not guarantees and our actual results may differ materially from those expressed or implied in the forward-looking statements.

Please refer to our Annual Report on Form 10-K, the press release we issued this morning and our other filings with the Securities and Exchange Commission for a complete list of risks and important factors that could impact our future performance and results. Non-GAAP financial measures are included in our comments today and

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