For the quarter ending 2025-12-27, TPR had $333,800K increase in cash & cash equivalents over the period. $1,037,500K in free cash flow.
| Cash Flow | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 |
|---|---|---|---|---|
| Net income (loss) | 561,300 | 274,800 | -517,100 | 203,300 |
| Depreciation and amortization | 39,000 | 37,200 | 43,100 | 38,000 |
| Impairment charges | - | - | 854,800 | - |
| Amortization of cloud computing arrangements | 14,100 | 14,400 | 18,400 | 15,000 |
| Provision for bad debt | 3,400 | 900 | 600 | 1,700 |
| Loss on extinguishment of debt | 0 | - | 0 | 0 |
| Share-based compensation | 29,000 | 22,400 | 22,200 | 24,200 |
| Deferred income taxes | 40,300 | 58,500 | -181,500 | 19,100 |
| Changes to lease related balances, net | -5,400 | -6,400 | -8,200 | -6,200 |
| Other non-cash charges, net | 9,300 | -2,700 | 8,800 | -3,400 |
| Trade accounts receivable | 54,500 | 46,200 | -52,600 | -24,400 |
| Inventories | -124,500 | 160,600 | -24,500 | 16,000 |
| Accounts payable | 75,600 | 33,800 | 30,600 | -107,000 |
| Accrued liabilities | 134,600 | -71,100 | 124,900 | -57,200 |
| Other liabilities | 28,600 | 6,200 | -1,900 | -3,000 |
| Other assets | -99,900 | 54,000 | 7,400 | -4,600 |
| Net cash provided by (used in) operating activities | 1,081,100 | 112,600 | 446,800 | 144,300 |
| Purchases of investments | 300 | 8,400 | 300 | 600 |
| Proceeds from maturities and sales of investments | 500 | 500 | 1,400 | 300 |
| Purchases of property and equipment | 43,600 | 32,400 | 35,300 | 30,900 |
| Settlement of net investment hedge | - | - | 0 | - |
| Proceeds from sale of business, net of cash divested | 0 | 109,600 | - | - |
| Net cash provided by (used in) investing activities | -43,400 | 69,300 | -34,200 | -31,200 |
| Payment of dividends | 81,300 | 83,300 | 72,800 | 72,700 |
| Repurchase of common stock | 403,500 | 698,200 | 53,400 | 52,300 |
| Share repurchase not yet settled | 0 | - | 300,000 | -50,000 |
| Proceeds from issuance of debt, net of discount | 0 | - | 0 | 0 |
| Payment of debt issuance costs | 0 | 500 | 0 | 1,100 |
| Payment of debt extinguishment costs | 0 | - | 0 | 0 |
| Proceeds from/(repayments of) commercial paper, net | - | 240,000 | - | - |
| Repayment of debt | 0 | - | 303,400 | 0 |
| Proceeds from share-based awards | 21,200 | 69,900 | 13,800 | 28,100 |
| Taxes paid to net settle share-based awards | 2,100 | 78,700 | 800 | 700 |
| Proceeds from revolving credit facility | 0 | - | 0 | 16,500 |
| Repayment of revolving credit facility | 0 | - | 0 | 0 |
| Other financing activities | - | - | -1,200 | - |
| Payments of finance lease liabilities | 0 | -1,000 | - | 400 |
| Net cash provided by (used in) financing activities | -705,700 | -550,800 | -366,800 | -32,600 |
| Effect of exchange rate changes on cash and cash equivalents | 1,800 | -11,600 | 10,900 | 3,100 |
| Net (decrease) increase in cash and cash equivalents, including cash classified within assets held for sale | - | - | 56,700 | -5,075,000 |
| Less net (decrease) increase in cash classified within current assets held for sale | - | - | -5,600 | 29,300 |
| Net (decrease) increase in cash and cash equivalents | 333,800 | -380,500 | 62,300 | 54,300 |
| Cash and cash equivalents at beginning of period | 719,500 | 1,100,000 | 1,037,700 | 983,400 |
| Cash and cash equivalents at end of period | 1,053,300 | 719,500 | 1,100,000 | 1,037,700 |
TAPESTRY, INC. (TPR)
TAPESTRY, INC. (TPR)