Tapestry (NYSE:TPR) reported better-than-expected fourth-quarter financial results on Thursday. The company reported fourth-quarter adjusted earnings per share of 92 cents, beating the analyst consensus of 88 cents. Quarterly sales of $1.59 billion (down 2%) beat the $1.58 billion estimate. In fiscal 2025, Tapestry said it expects to maintain its annual dividend rate of $1.40 per common share. The company declared a quarterly cash dividend of 35 cents per common share, payable on September 23. Tapestry anticipates FY25 revenue of around $6.7 billion, slightly below the $6.8 billion estimate, and expects EPS between $4.45 and $4.50, compared to the $4.49 estimate. oanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, “Our fourth quarter results exceeded expectations, capping a successful year. This ...