Tapestry, Inc. Q4 2025 Earnings Recap

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.