Earnings summaries and quarterly performance for TAPESTRY.
Executive leadership at TAPESTRY.
Board of directors at TAPESTRY.
Research analysts who have asked questions during TAPESTRY earnings calls.
Michael Binetti
Evercore ISI
6 questions for TPR
Also covers: , AS, BIRK +16 more
Brooke Roach
Goldman Sachs Group, Inc.
5 questions for TPR
Also covers: , AS, BURL +23 more
Lorraine Hutchinson
Bank of America
4 questions for TPR
Also covers: AS, BBWI, BIRK +18 more
Mark Altschwager
Robert W. Baird & Co.
4 questions for TPR
Also covers: BBWI, BIRK, BURL +11 more
Aneesha Sherman
AllianceBernstein
3 questions for TPR
Also covers: , CPRI, LULU +5 more
Ike Boruchow
Wells Fargo
3 questions for TPR
Also covers: AS, BBWI, BURL +18 more
Irwin Boruchow
Wells Fargo Securities
3 questions for TPR
Also covers: , BBWI, BURL +18 more
Matt Boss
JPMorgan Chase & Co.
3 questions for TPR
Also covers: ANF, BURL, CCL +10 more
Matthew Boss
JPMorgan Chase & Co.
3 questions for TPR
Also covers: , AEO, ANF +38 more
Adrian Yee
Barclays PLC
2 questions for TPR
Also covers: BBWI, DECK, TJX
Adrienne Yih-Tennant
Barclays
2 questions for TPR
Also covers: AEO, ANF, BBWI +18 more
Alex Straton
Morgan Stanley
2 questions for TPR
Also covers: AEO, ANF, AS +17 more
Bob Drbul
Guggenheim Securities
2 questions for TPR
Also covers: GIII, JWN, M +2 more
Robert Drbul
Guggenheim Securities
2 questions for TPR
Also covers: COLM, CPRI, CROX +13 more
Dana Telsey
Telsey Advisory Group
1 question for TPR
Also covers: , AEO, AKA +44 more
Paul Lejuez
Citigroup
1 question for TPR
Also covers: , ACI, AEO +36 more
Rakesh Patel
Raymond James
1 question for TPR
Also covers: AEO, ANF, BYON +8 more
Rick Patel
Raymond James Financial
1 question for TPR
Also covers: AEO, ANF, CPRI +7 more
Tracy Kogan
Citigroup
1 question for TPR
Also covers: COLM, JWN, KSS +5 more
Recent press releases and 8-K filings for TPR.
Tune Protect Re’s Credit Rating Affirmed by AM Best
TPR
- AM Best affirmed Tune Protect Re’s Financial Strength Rating at B++ (Good) and its Long-Term Issuer Credit Rating at bbb+ (Good) with a stable outlook.
- The company’s balance sheet is rated strong, supported by robust risk-adjusted capitalisation and a conservative investment portfolio; however, its modest absolute capital base of USD 33 million at year-end 2024 may increase volatility under stress scenarios.
- In 2024, Tune Protect Re delivered strong operating performance with a combined ratio of 81.9% and a return on equity of 14.1%, driven by favourable loss experience in its travel insurance business and positive investment income.
- AM Best classifies the reinsurer’s business profile as limited, noting its niche focus on travel-related products and its use of Tune Protect Group’s technology platform; moderate underwriting growth is expected over the medium term.
Dec 11, 2025, 3:29 PM
Tapestry Reports Q1 FY2026 Sales Growth and Raises Outlook
TPR
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Tapestry’s Q1 FY2026 revenue reached $1.7 billion, up 12–13% YoY, led by Coach’s 21–22% sales increase among Gen Z shoppers
- The company raised its FY2026 revenue outlook to ~$7.3 billion, targeting 4–5% growth on a reported basis and 7–8% ex-Stuart Weitzman
- Gross margin expanded to 76.3% and adjusted operating margin improved by 200 bps despite a 230 bps tariff headwind; profits grew 35%
- Strategic initiatives include Coach Tabby handbags (85% of Coach revenue), a 30% reduction in Kate Spade’s bag lineup, and the Amplify plan, which added 2.2 million new customers (35% Gen Z)
Nov 7, 2025, 12:09 AM
Tapestry announces Q1 2026 results
TPR
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Tapestry delivered 16% pro forma revenue growth in Q1 2026, led by 21% growth at Coach, with a 76.5% gross margin (+120 bps YoY) and 200 bps operating margin expansion.
- Adjusted EPS was $1.38, up 35% YoY and ahead of guidance; the board declared a $0.40 quarterly dividend (≈ $83 million).
- Full-year outlook updated: EPS of $5.45–$5.60 (7–10% growth), $1.3 billion in free cash flow, and $1 billion planned share repurchases.
- Coach’s momentum driven by mid-teens AUR growth, unit growth inflection, and strong Gen Z acquisition, while Kate Spade focuses on turnaround via brand investments and reduced discounting.
Nov 6, 2025, 1:00 PM
Tapestry reports Q1 2026 results
TPR
Earnings
Guidance Update
Share Buyback
- Tapestry’s Q1 pro forma revenue rose 16% YoY, led by a 21% gain at Coach, and adjusted EPS reached $1.38 (+35%).
- First-quarter gross margin was 76.5% (+120 bps) and adjusted operating margin expanded 200 bps, aided by the Stuart Weitzman divestiture and operational improvements.
- Declared a quarterly dividend of $0.40 per share and repurchased 4.7 million shares for $500 million, bringing FY 2026 capital return guidance to $1.3 billion.
- Raised fiscal 2026 outlook to $7.3 billion in revenue (7–8% growth) and EPS of $5.45–$5.60, incorporating $170 million of tariff headwinds and targeting 100 bps of SG&A leverage.
Nov 6, 2025, 1:00 PM
Tapestry reports Q1 fiscal 2026 results and raises full-year outlook
TPR
Earnings
Guidance Update
Share Buyback
- Achieved record Q1 net sales of $1.70 billion (+13% YoY) and GAAP EPS of $1.28 (+61%) and non-GAAP EPS of $1.38 (+35%)
- Expanded operating margin by 260 bps on a GAAP basis and 200 bps non-GAAP
- Delivered 16% pro forma revenue growth, led by a 22% increase at Coach
- Raised FY 2026 outlook to ~$7.3 billion in revenue (+4–5% reported; +7–8% pro forma), EPS of $5.45–$5.60, and 50 bps margin expansion
- Plans to return $1.3 billion to shareholders, including $1.0 billion in buybacks and $1.60 annual dividend
Nov 6, 2025, 11:45 AM
Capri Holdings reports Q2 FY26 results
TPR
Earnings
Share Buyback
M&A
- Total revenue was $856 million, down 2.5% on a reported basis and 4.2% in constant currency year-over-year.
- The company recorded a net loss of $34 million ( $(0.28) per diluted share ) and an adjusted net loss of $4 million ( $(0.03) per diluted share ).
- Operating loss was $12 million ( (1.4)% margin ); adjusted operating margin improved to 2.3%.
- The planned Versace sale is expected to close in Q3 FY26, with proceeds earmarked to repay the majority of debt and strengthen the balance sheet.
- The board authorized a $1 billion share repurchase program slated to begin in FY27.
Nov 4, 2025, 11:45 AM
Tapestry reports accelerating Coach growth amid value-driven demand
TPR
Revenue Acceleration/Inflection
Guidance Update
- Tapestry beat top- and bottom-line estimates and raised its full-year earnings forecast by $0.25 in February.
- In May, the company delivered its third consecutive quarterly beat and again raised sales and earnings guidance despite tariff uncertainty.
- Coach constant-currency revenue growth accelerated from 2% in November to 10% in February and 15% in May, driven by consumers seeking high-quality goods at reasonable prices.
- Kate Spade revenue has declined for eight straight quarters, falling 12% in May, with turnaround initiatives underway.
Jul 28, 2025, 11:58 PM
Tapestry expands Gen Phoenix investment with $15M funding round
TPR
New Projects/Investments
- Tapestry raised its ownership in Gen Phoenix to 9.9% via a $15 million funding round led by Material Impact.
- The expanded partnership includes a new three-year supply agreement to integrate Gen Phoenix’s sustainable recycled leather into Tapestry brands.
- The strategic alliance focuses on co-developing scalable, premium recycled leather to meet eco-conscious consumer demand and bolster supply chain resilience.
- Analysts maintain a consensus “Outperform” rating yet flag potential downside risk in Tapestry’s stock price.
Jul 15, 2025, 9:18 AM
Tapestry Refinances with New $2 Billion Credit Facility
TPR
Debt Issuance
- Material Definitive Agreement: On May 22, 2025, Tapestry entered into an agreement to refinance its existing unsecured revolving facility with a new $2 billion revolving credit facility maturing on May 22, 2030.
- Facility Features: The new facility allows for an increase of up to $750 million in commitments, includes standby letters of credit up to $125 million and Swing Line Loans up to $50 million, and is available in multiple currencies.
- Restrictive Covenants: The agreement imposes negative covenants that restrict additional debt issuance, mergers, and asset dispositions to manage leverage and maintain financial discipline.
May 23, 2025, 12:00 AM
Tapestry Reports Q3 2025 Results and Raises Full-Year Guidance
TPR
Earnings
Guidance Update
Dividends
- Tapestry reported record Q3 2025 revenue of $1.6 billion (up 7% vs prior year) with strong EPS performance, recording a GAAP diluted EPS of $0.95 and a non-GAAP diluted EPS of $1.03.
- The company raised its full-year outlook, now expecting approximately $6.95 billion in revenue and EPS in the area of $5.00 with further operating margin expansion.
- Tapestry remains committed to robust shareholder returns, targeting over $2 billion to be returned through dividends and share repurchases.
May 8, 2025, 12:00 AM
Quarterly earnings call transcripts for TAPESTRY.
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