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Tapestry sees FY25 EPS $4.45-$4.50, consensus $4.49

FY25 EPS view incorporates a negative impact of 35c related to the suspension of share repurchase activity due to the proposed acquisition of Capri Holdings, and an estimated currency headwind of approximately 20c versus the company’s FY25 EPS target. Sees FY25 revenue $6.7B, consensus $6.77B. On a constant currency basis, revenue is expected to increase approximately 1% versus prior year.

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