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Can Tapestry, Inc. (NYSE:TPR) Maintain Its Strong Returns? [Yahoo! Finance]

Tapestry, Inc. (TPR) 
Last tapestry, inc. earnings: 4/30 06:45 am Check Earnings Report
US:NYSE Investor Relations: tapestry.com/investors
Company Research Source: Yahoo! Finance
This article is for those who would like to learn about Return On Equity (ROE). We'll use ROE to examine Tapestry, Inc. ( NYSE:TPR ), by way of a worked example. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Tapestry is: 60% = US$796m ÷ US$1.3b (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.60 in profit. See our latest analysis for Tapestry Arguably the easiest way to assess company's ROE is to compare it with the average in its industry. However, this method is only useful as Show less Read more
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