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Tapestry (BSP:TPRY34) Tax Rate % : 17.76% (As of Mar. 2024)


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What is Tapestry Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tapestry's Tax Expense for the three months ended in Mar. 2024 was R$150 Mil. Tapestry's Pre-Tax Income for the three months ended in Mar. 2024 was R$844 Mil. Therefore, Tapestry's Tax Rate % for the quarter that ended in Mar. 2024 was 17.76%.

Tapestry Tax Rate % Historical Data

The historical data trend for Tapestry's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tapestry Tax Rate % Chart

Tapestry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.03 -4.47 7.03 18.21 18.12

Tapestry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.35 16.00 18.24 20.04 17.76

Tapestry Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Tapestry's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=1005.201/5548.264
=18.12 %

Tapestry's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=149.892/844.076
=17.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tapestry Tax Rate % Related Terms

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Tapestry (BSP:TPRY34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tapestry Inc (BSP:TPRY34) » Definitions » Tax Rate %
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SIG CPRI MOV REAL LANV ELA FOSL BGI BRLT JEWL XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR XPAR:KER NSE:TITAN HKSE:01913 OCSE:PNDORA HKSE:01929 XSWX:UHR
Traded in Other Exchanges
TPR:USA TPR:Mexico COY:Germany
Address
10 Hudson Yards, New York, NY, USA, 10001
Website
https://www.tapestry.com
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (BSP:TPRY34) Headlines

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