Overview

• Tapestry's annual revenue reached $6.67 billion, slightly above analyst predictions.
• European sales surged 26%, offsetting declines in China and Japan.
• Coach brand achieved record annual earnings, driven by handbag sales.
• Tapestry is confident in its pending $8.5 billion acquisition of Capri Holdings.
• CEO Joanne Crevoiserat highlights strategic initiatives to drive long-term growth.