Tapestry q3 diluted eps loss 2.45 usd

Q3 diluted eps loss 2.45 usd.net sales totaled $1.07 billion for fiscal q3 as compared to $1.33 billion in prior year.not providing guidance for its fiscal q4 and full year 2020.in q3 of fiscal 2020, company recorded $267 million of impairment charges to indefinite-lived brand intangible assets.in q3 of fiscal 2020, company recorded $211 million of impairment charges to goodwill for stuart weitzman reporting unit.net sales for coach totaled approximately $772 million for fiscal q3 as compared to $965 million in prior year.net sales for kate spade totaled approximately $250 million for fiscal q3 as compared to $281 million in prior year.not providing comparable store sales figures.taking additional actions to further streamline its organization, including reductions in its corporate and retail workforce.tapestry - expects to incur pre-tax charges associated with cost actions of about $55-$70 million which will be reflected beginning in q4.tapestry's supply chain continued to operate effectively over q3.as of mid-april all china stores were open and we have continued to experience a gradual improvement in business week-to-week.qtrly adjusted loss per share $0.27.q3 earnings per share view $-0.12, revenue view $1.03 billion -- refinitiv ibes data.
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