Business Context and Reporting Period
This Form 8-K filing by Coach, Inc. (now Tapestry, Inc.) was submitted on January 22, 2014. The report discloses the issuance of a press release announcing financial results for the fiscal quarter ended December 28, 2013.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references an attached press release (Exhibit 99.1) containing these details but does not reproduce the figures within the 8-K body text.
The filing notes the inclusion of Non-GAAP financial information regarding sales percentage increases or decreases for the Company, its International segment, and Coach Japan. These metrics are presented both including and excluding the effects of currency fluctuations.
Material Changes
The filing does not explicitly state material changes in financial performance versus the prior comparable period. It only indicates that the press release contains comparisons of sales growth including and excluding currency effects.
Guidance, Outlook, and Risks
The filing does not contain specific guidance, outlook, management commentary, or risk factors. It notes that the press release is furnished to the SEC and is not deemed "filed" for purposes of Section 18 of the Exchange Act, nor is it incorporated by reference except as expressly set forth.
Investor Verification Checklist
- Review the attached Press Release (Exhibit 99.1) for specific revenue, earnings, and cash flow figures for the quarter ended December 28, 2013.
- Verify the impact of currency fluctuations on international sales growth as presented in the Non-GAAP metrics.
- Confirm the distinction between GAAP and Non-GAAP sales growth rates for the International segment and Coach Japan.
- Check subsequent filings for any updates to the financial data referenced in this press release.