TAPESTRY, INC. (TPR) Form 8-K — Aug 13, 2026
Tapestry, Inc. (NYSE: TPR) reported fiscal 2026 fourth quarter and full year results on August 13, 2026, delivering annual net sales of $8.0 billion, up 14% (17% pro forma constant currency), and full-year non-GAAP diluted EPS of $7.05, up 38%, outperforming its guidance. Q4 net sales were $1.9 billion, up 9%, with non-GAAP EPS of $1.32, up 28% year over year. Growth was driven by the Coach brand, where FY2026 revenue rose 24% to $6.9 billion, while Kate Spade declined 10% to $1.07 billion.
Key figures
- Eps
- $7.05 non-GAAP ($7.27 GAAP) FY2026 diluted; Q4 non-GAAP $1.32 ($1.68 GAAP)
- Revenue
- $8.0 billion FY2026 net sales ($8,004.2 million)
- Guidance
- FY2027: revenue $8.4-$8.5 billion (mid-single-digit growth), non-GAAP EPS $7.80-$7.90 (low-double-digit growth), ~50 bps operating margin expansion, adjusted free cash flow approaching $1.7 billion; Q1 FY2027: high-single-digit revenue growth, EPS ~$1.55
- Net Income
- $1,527.7 million FY2026 ($347.8 million in Q4)
- Total Debt
- $2.38 billion total borrowings
- Revenue Yoy
- +14% reported / +13% constant currency FY2026; +18% reported pro forma excluding Stuart Weitzman; Q4 +9% reported
- Total Assets
- $6,691.7 million
- Cash Position
- $1.15 billion cash, cash equivalents and short-term investments
- Inventory
- $826 million vs $861 million prior year
- Q4 Net Sales
- $1,876.6 million (+9% reported, +8% constant currency)
- Leverage Ratio
- 1.1
- Coach Fy Revenue
- $6,914.7 million, +24%
- Quarterly Dividend
- $0.4625 per share, $1.85 annualized rate
- Fy Non Gaap Eps Growth
- +38%
- Kate Spade Fy Revenue
- $1,074.9 million, -10%
- Operating Cash Flow Fy
- $1,978.5 million
- Non Gaap Gross Margin Q4
- 78.1%, +180 bps
- Adjusted Free Cash Flow Fy
- $1,863.7 million
- Fy26 Shareholder Returns
- $1.7 billion ($326 million dividends; $1.35 billion buybacks of ~11.5 million shares at ~$118 average)
- Fy27 Capex And Cloud Costs
- $300 million
- Dividend Increase Percent
- 16
- Non Gaap Operating Margin Fy
- 23.4%, +340 bps
- Fy27 Planned Share Repurchases
- $1.35 billion
Price after filing
Close on the filing date to close N calendar days later (from $160.54). Historical, not a forecast.
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