Tapestry raises FY26 outlook after record Q1 sales
Pro forma revenue grew 16%, driven by Coach's strong performance and international expansion, while Kate Spade faces headwinds.
See the latest news and media coverage for Tapestry. We track all announcements, press releases, and industry mentions in real time, all in one place.
Fashion and lifestyle brand holding company
tapestry.comLast updated
In short: Tapestry beat fiscal 2026 targets as Coach grew, raised dividend, and forecast FY2027 EPS growth.
Pro forma revenue grew 16%, driven by Coach's strong performance and international expansion, while Kate Spade faces headwinds.
Revenue reaches $8 billion with 17% growth, driving EPS to $7.05 and operating margins to 23.4%. The company sets FY27 revenue guidance at $8.4-$8.5 billion.
Record revenue and profit growth drive an upgrade in full-year guidance for Coach and Kate Spade brands. The company also increased its share repurchase program to $1.2 billion.
Q3 revenue grew 23% to $1.9B. The company increased its FY26 EPS guidance to approximately $6.95 and raised free cash flow expectations.
TPR downgraded to Hold amid weakening consumer confidence and luxury macro risk.
Tapestry stock has fallen over 30% from its summer high despite strong FY2026 results, a raised...
Tapestry reported strong fiscal 2026 results driven by Coach, while management guided to mid single digit revenue growth for fiscal 2027 and projected a high...
Tapestry Inc (TPR) Valuation AssessmentOn September 08, 2026, Tapestry Inc (TPR) shares fell 3.7% to...
Track Tapestry and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Tapestry and other trending companies.