Tapestry Adjusts Full-Year Net Interest Expense Guidance
05 Noviembre 2019 - 6:48AM
Noticias Dow Jones
By Dave Sebastian
Tapestry Inc. (TPR) adjusted its guidance for full-year net
interest expense to be about $50 million, compared with its
previous outlook of $45 million to $50 million.
The owner of Coach and Kate Spade reaffirmed much of its prior
guidance. It sees fiscal 2020 non-GAAP revenue increasing at a low
single-digit-rate and for adjusted per-share earnings to be about
even compared with the prior year.
The company expects full-year tax rate to be in the area of
17.5%.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
November 05, 2019 07:33 ET (12:33 GMT)
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