Tapestry Inc

NYSE TPR

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Tapestry Inc Cash Ratio 2 year CAGR for the quarter ending March 31, 2024: 231.39%

Tapestry Inc Cash Ratio 2 year CAGR is 231.39% for the quarter ending March 31, 2024, a 779.02% change year over year. The cash ratio measures a company's ability to cover its current liabilities with its available cash. It is calculated by dividing cash by current liabilities. This ratio indicates the company's short-term liquidity position and its ability to meet its immediate obligations using its cash reserves. A higher cash ratio suggests a stronger ability to cover short-term liabilities. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Tapestry Inc Cash Ratio for the quarter ending March 31, 2023 was 0.56, a 19.56% change year over year.
  • Tapestry Inc Cash Ratio for the quarter ending March 31, 2022 was 0.47, a -63.65% change year over year.
  • Tapestry Inc Cash Ratio for the quarter ending March 31, 2021 was 1.28, a 62.21% change year over year.
  • Tapestry Inc Cash Ratio for the quarter ending March 31, 2020 was 0.79, a -26.91% change year over year.
NYSE: TPR

Tapestry Inc

CEO Ms. Joanne C. Crevoiserat
IPO Date Oct. 5, 2000
Location United States
Headquarters 10 Hudson Yards, New York, NY, United States, 10001
Employees 12,600
Sector Consumer Cyclical
Industry Luxury goods
Description

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms. The company also provides men products, which includes bag collections, such as business cases, computer bags, messenger-style bags, backpacks, and totes; small leather goods including wallets, card cases, travel organizers, and belts; and footwear, watches, fragrances, sunglasses, novelty accessories, and ready-to-wear items. In addition, it offers other products including women's footwear and fragrances; eyewear and sunglasses; and jewelry, such as bracelets, necklaces, rings, and earrings, watches, and other women's seasonal lifestyle apparel collections, including outerwear, ready-to-wear and cold weather accessories, such as gloves, scarves, and hats. Further, the company provides kids items, housewares, and home accessories, such as fashion bedding and tableware, stationery, and gifts. It offers its products through e-commerce sites and concession shop-in-shops, wholesale, and third-party distributors under the Coach, Kate Spade, and Stuart Weitzman brand names. The company was formerly known as Coach, Inc. and changed its name to Tapestry, Inc. in October 2017. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York.

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StockViz Staff

September 20, 2024

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