Form 8-K · Current report

Tapestry, Inc. 8-K, filed Aug 13, 2026

Filed
CIK
0001116132
Accession no.
0001140361-26-032624
AI-generated summary

Summary

Tapestry reported fiscal 2026 fourth-quarter revenue of $1.9 billion, up 9% from a year earlier, and full-year revenue of $8.0 billion, up 14%, with Coach brand revenue rising 24% for the year and Kate Spade New York declining 10%. The company's board approved a 16% dividend increase to a quarterly $0.4625 per share and Tapestry guided to mid-single-digit revenue growth, continued operating margin expansion, and low-double-digit EPS growth for fiscal 2027.

Key points

  • Fourth-quarter net sales were $1.88 billion, up 9% reported and 8% in constant currency; pro forma net sales rose 12% reported and 11% in constant currency.
  • Full-year fiscal 2026 net sales were $8.0 billion, up 14% reported and 13% in constant currency; non-GAAP operating margin expanded 340 basis points to 23.4%.
  • Full-year GAAP diluted EPS was $7.27 and non-GAAP diluted EPS was $7.05; fourth-quarter GAAP diluted EPS was $1.68 and non-GAAP diluted EPS was $1.32.
  • Tapestry returned $1.7 billion to shareholders in fiscal 2026 through $326 million of dividends and $1.35 billion of share repurchases, and expects to return about $1.7 billion again in fiscal 2027.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02 Results of Operations and Financial Condition. On August 13, 2026, Tapestry, Inc. (“Tapestry” or the “Company”) issued a press release (the “Press Release”) in which the Company announced its financial results for its fourth fiscal quarter and full year ended June 27, 2026. The Company also posted a slide presentation entitled “Investor Presentation” dated August 13, 2026 on the “Events & Presentations” investor section of its website (www.tapestry.com). A copy of the Press Release is furnished herewith as Exhibit 99.1. …

An excerpt of the text as filed with the SEC, cut for length.

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