Tapestry, Inc. Earnings Recaps
Q2 2026
Feb 5, 2026
Tapestry, Inc. reported strong second quarter results with an 18% revenue increase, a 390 basis point rise in adjusted operating margin, and a 34% increase in earnings per share, reflecting the effectiveness of their Amplify strategies and a robust operational performance.
Key takeaways
- Acquired over 3.7 million new global customers during the quarter, primarily driven by engagement with Gen Z.
- Double-digit sales growth achieved across North America, Greater China, and Europe, significantly outpacing industry trends.
- Continued strong performance in core leather goods, with growth in average retail prices and unit volumes in mid-teens rates.
- Increased brand relevance for Coach among multiple generations, fostering broad-based customer growth and loyalty.
- Positive outlook with a strong product pipeline expected to bolster both average unit retail and sales volumes.
Q4 2025
Aug 14, 2025
Tapestry reported exceptional fourth-quarter results, achieving $7 billion in revenue, a 20% operating margin, and $5.10 in adjusted EPS, signaling strong operational execution and strategic brand positioning amid a challenging economic environment.
Key takeaways
- Achieved over $5 in adjusted EPS and cumulative shareholder returns exceeding $3 billion, hitting key Investor Day targets ahead of schedule.
- Generated significant customer growth, acquiring over 6.8 million new customers in North America, with strong engagement from Gen Z and millennials.
- Coach brand delivered a 10% revenue increase, with a standout performance in leather goods and a robust 22% revenue growth in China.
- Successfully introduced innovative product lines, enhancing brand appeal and driving mid-teens handbag AUR growth during the quarter.
- Emphasized a resilient direct-to-consumer model utilizing data-driven insights and omnichannel strategies to foster customer relationships.