Tapestry Inc (TPR)
Gross profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,288,900 | 4,889,500 | 4,714,900 | 4,650,400 | 4,081,900 |
| Revenue | US$ in thousands | 7,010,700 | 6,671,200 | 6,660,900 | 6,684,500 | 5,746,300 |
| Gross profit margin | 75.44% | 73.29% | 70.78% | 69.57% | 71.04% |
June 30, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,288,900K ÷ $7,010,700K
= 75.44%
The gross profit margin of Tapestry Inc. over the analyzed period demonstrates a general upward trend from June 30, 2021, to June 30, 2025. Specifically, the gross profit margin was 71.04% as of June 30, 2021, then declined to 69.57% by June 30, 2022. Subsequently, the margin experienced an increase, reaching 70.78% on June 30, 2023. This upward trajectory continued more significantly through to June 30, 2024, with the gross profit margin rising to 73.29%. The most recent data point indicates further improvement, with the margin reaching 75.44% as of June 30, 2025.
This progression suggests an ongoing enhancement in the company's ability to generate gross profit relative to its net sales. The initial decline from 2021 to 2022 may reflect increased costs of goods sold or pricing pressures. However, the subsequent increases point toward operational efficiencies, successful cost management, or improved pricing strategies that bolster gross profitability. The overall increase from approximately 71% in 2021 to over 75% in 2025 indicates a positive trend in gross profit margin, signaling potentially favorable shifts in operational performance and strategic positioning within the marketplace.
Peer comparison
Jun 30, 2025