Tapestry Inc (NYSE:TPR)
$ 42.32 -0.2 (-0.47%) Market Cap: 9.72 Bil Enterprise Value: 11.58 Bil PE Ratio: 11.20 PB Ratio: 3.50 GF Score: 84/100

Tapestry Inc at Sanford C Bernstein Strategic Decisions Conference (Virtual) Transcript

Jun 02, 2021 / 03:00PM GMT
Release Date Price: $42.71 (-5.03%)
Jamie Susan Merriman
Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Hello, and welcome. I'm Jamie Merriman, Bernstein's U.S. Softlines and Specialty Retail analyst. And I'm thrilled to be joined this morning by Joanne Crevoiserat, Tapestry's CEO. Joanne, thank you so much for being here today. Again, virtually, while I wish it was in-person. But I want to turn it over to you for your opening remarks.

Joanne C. Crevoiserat
Tapestry, Inc. - President, CEO & Director

Great. Thank you, Jamie. It's really great to be here today. And just to start with a few brief opening comments. When we just came off reporting our third quarter, it really was a standout third quarter, demonstrating the continued progress we're making behind our Acceleration Program, which reemphasizes the power of our brands and the power of the platform, the Tapestry platform. In addition, in the third quarter, with those results, we've raised our outlook for our fiscal year '21, which incorporates not only the year-to-date outperformance, but also a higher

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