What happened
Tapestry grew net sales 14.2%, or $993.5 million, to $8.00 billion, and gross margin rose 240 basis points to 77.8%. Operating income was $1.91 billion and net income $1.53 billion, against $0.18 billion the year before.
Coach grew 23.5% and Kate Spade shrank 10.2%, inside one 14% company
The read at a glance✓ Audited against SEC data
- Growth — Net sales up 14.2% to $8.00B; up 16.7% excluding the divested business and currencyOK
- Profitability — Gross margin 77.8%, up 240 basis points; operating income $1.91BOK
- Balance sheet — Altman score 1.86 on the manufacturer formula, the middle bandNote
- Accounting quality — Earnings-quality score 89.8 and no earnings-manipulation flagOK
- Capital allocation — $1.55B buybacks and $0.33B dividends against $1.81B free cash flowOK
- Brand concentration — Coach is $6.91B of $8.00B in net salesWatch
Where the revenue comes from
Fiscal 2026, as TAPESTRY, INC. reports it. History and quarterly detail are in the app.
- Coach$6.9B
- Kate Spade$1.1B
- Stuart Weitzman$14.6M
Leadership changes
From TAPESTRY, INC.'s own filings, the day they're filed.
- Matthew Madrigal · director · appointmenteff. 2026-04-06
- Kevin Hourican · director · appointmenteff. 2024-02-29
- David Elkins · director · appointmenteff. 2024-02-29
Latest filings
- DEF 14A · Annual proxy (pay & governance)2026-09-25
- 8-K · Company announcement2026-08-13
- 10-K · Annual report2026-08-13
- 8-K · Company announcement2026-05-07
- 10-Q · Quarterly report2026-05-07
In the full recordFree for 14 days
- The business🔒
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Why it matters🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about TAPESTRY, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.