Tapestry, Inc. (TPR) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$1.25

$1.20$1.42

vs $1.04+20.3%

16 analysts

Next Qtr

$1.47

$1.39$1.55

vs $1.38+6.6%

11 analysts

Current Yr

$6.97

$6.92$7.14

vs $5.10+36.7%

19 analysts

Next Yr

$7.71

$7.21$8.34

vs $6.97+10.7%

21 analysts

Revenue Estimates

Current Qtr

$1.86B

$1.83B$1.93B

vs $1.72B+7.8%

15 analysts

Next Qtr

$1.80B

$1.78B$1.84B

vs $1.69B+6.4%

9 analysts

Current Yr

$7.98B

$7.95B$8.04B

vs $7.01B+13.8%

17 analysts

Next Yr

$8.42B

$8.04B$8.65B

vs $7.98B+5.5%

19 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for TPR on EDGAR.

TPR filing events and research context
Filed	Item	Context
May 7, 2026	mda_quarterly	Tapestry’s financial performance for the third quarter of fiscal 2026 reflects strong growth, with net sales rising 21.2% to $1.92 billion. This performance was driven primarily by the Coach segment, which saw a 31.5% increase in net sales, offsetting a 10.3% decline in the Kate Spade segment. Operating income reached $427.5 million, up from $253.7 million in the prior-year period, benefiting from the divestiture of the Stuart Weitzman business and improved operating leverage. Management is currently executing the "Amplify" 2028 growth strategy, which prioritizes Gen Z customer acquisition, product excellence in handbags and leather goods, and international expansion, particularly in Greater China and Europe. Despite this growth, the company faces headwinds from a volatile macroeconomic environment, including inflationary pressures and shifting trade policies. Notably, the removal of the de minimis exemption for low-value shipments and new global tariffs have negatively impacted gross margins by approximately 180 basis points this quarter. Liquidity remains robust, supported by $1.05 billion in cash and a $2.00 billion revolving credit facility. The company continues to prioritize shareholder returns, having repurchased $1.05 billion of common stock during the first nine months of fiscal 2026 under its active share repurchase programs.
Feb 5, 2026	mda_quarterly	Tapestry, Inc. reported strong financial performance for the second quarter of fiscal 2026, with net sales rising 14% to $2.50 billion. This growth was primarily driven by the Coach segment, which saw a 25.3% increase in net sales, offsetting a 13.6% decline in the Kate Spade segment. The company’s operating margin expanded to 28.6%, benefiting from the August 2025 divestiture of the Stuart Weitzman business and improved pricing strategies. Management is currently executing the "Amplify" 2028 growth strategy, which prioritizes Gen Z customer acquisition, product innovation in handbags and footwear, and international expansion, particularly in Greater China and Europe. Despite these gains, the company faces headwinds from a volatile macroeconomic environment, including new U.S. tariffs and the removal of the de minimis exemption for low-value shipments, which negatively impacted gross margins by approximately 190 basis points this quarter. Liquidity remains robust, supported by $1.05 billion in cash and a $2.00 billion revolving credit facility. The company continues to prioritize shareholder returns, repurchasing $400 million of common stock during the quarter under its $3.00 billion 2026 share repurchase program. Future risks include ongoing geopolitical instability, currency volatility, and potential further impairments if the Kate Spade brand fails to meet profitability targets.
Nov 6, 2025	mda_quarterly	Tapestry, Inc. reported a strong first quarter for fiscal 2026, with net sales rising 13.1% to $1.70 billion, driven primarily by a 22.1% increase in Coach brand sales. This growth was supported by robust direct-to-consumer performance in North America, Greater China, and Europe. Conversely, the Kate Spade segment faced an 8.1% decline in net sales, reflecting lower store and e-commerce activity. The company’s operating margin expanded to 19.3%, benefiting from the divestiture of the Stuart Weitzman business, which was completed on August 4, 2025. Management introduced the "Amplify" 2028 growth strategy, focusing on Gen Z customer acquisition, product innovation in handbags and footwear, and international expansion. Financial results were impacted by a 70-basis-point gross margin headwind from new U.S. tariffs and the removal of the de minimis exemption for low-value shipments. To manage capital, the company initiated a new $3.0 billion share repurchase program, following the completion of its 2025 program. Liquidity remains supported by a $2.0 billion revolving credit facility and a new commercial paper program. While the company successfully terminated the previously proposed Capri Holdings acquisition, it continues to defend against related securities class action litigation.

Filed

Item

Context

May 7, 2026

mda_quarterly

Tapestry’s financial performance for the third quarter of fiscal 2026 reflects strong growth, with net sales rising 21.2% to $1.92 billion. This performance was driven primarily by the Coach segment, which saw a 31.5% increase in net sales, offsetting a 10.3% decline in the Kate Spade segment. Operating income reached $427.5 million, up from $253.7 million in the prior-year period, benefiting from the divestiture of the Stuart Weitzman business and improved operating leverage. Management is currently executing the "Amplify" 2028 growth strategy, which prioritizes Gen Z customer acquisition, product excellence in handbags and leather goods, and international expansion, particularly in Greater China and Europe. Despite this growth, the company faces headwinds from a volatile macroeconomic environment, including inflationary pressures and shifting trade policies. Notably, the removal of the de minimis exemption for low-value shipments and new global tariffs have negatively impacted gross margins by approximately 180 basis points this quarter. Liquidity remains robust, supported by $1.05 billion in cash and a $2.00 billion revolving credit facility. The company continues to prioritize shareholder returns, having repurchased $1.05 billion of common stock during the first nine months of fiscal 2026 under its active share repurchase programs.

Feb 5, 2026

mda_quarterly

Tapestry, Inc. reported strong financial performance for the second quarter of fiscal 2026, with net sales rising 14% to $2.50 billion. This growth was primarily driven by the Coach segment, which saw a 25.3% increase in net sales, offsetting a 13.6% decline in the Kate Spade segment. The company’s operating margin expanded to 28.6%, benefiting from the August 2025 divestiture of the Stuart Weitzman business and improved pricing strategies. Management is currently executing the "Amplify" 2028 growth strategy, which prioritizes Gen Z customer acquisition, product innovation in handbags and footwear, and international expansion, particularly in Greater China and Europe. Despite these gains, the company faces headwinds from a volatile macroeconomic environment, including new U.S. tariffs and the removal of the de minimis exemption for low-value shipments, which negatively impacted gross margins by approximately 190 basis points this quarter. Liquidity remains robust, supported by $1.05 billion in cash and a $2.00 billion revolving credit facility. The company continues to prioritize shareholder returns, repurchasing $400 million of common stock during the quarter under its $3.00 billion 2026 share repurchase program. Future risks include ongoing geopolitical instability, currency volatility, and potential further impairments if the Kate Spade brand fails to meet profitability targets.

Nov 6, 2025

mda_quarterly

Tapestry, Inc. reported a strong first quarter for fiscal 2026, with net sales rising 13.1% to $1.70 billion, driven primarily by a 22.1% increase in Coach brand sales. This growth was supported by robust direct-to-consumer performance in North America, Greater China, and Europe. Conversely, the Kate Spade segment faced an 8.1% decline in net sales, reflecting lower store and e-commerce activity. The company’s operating margin expanded to 19.3%, benefiting from the divestiture of the Stuart Weitzman business, which was completed on August 4, 2025. Management introduced the "Amplify" 2028 growth strategy, focusing on Gen Z customer acquisition, product innovation in handbags and footwear, and international expansion. Financial results were impacted by a 70-basis-point gross margin headwind from new U.S. tariffs and the removal of the de minimis exemption for low-value shipments. To manage capital, the company initiated a new $3.0 billion share repurchase program, following the completion of its 2025 program. Liquidity remains supported by a $2.0 billion revolving credit facility and a new commercial paper program. While the company successfully terminated the previously proposed Capri Holdings acquisition, it continues to defend against related securities class action litigation.

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TPR filing events and research context

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