Loading...
•
Sep 27, 2025
Tapestry Q1 2026 Earnings Report
Tapestry reported strong revenue and EPS growth, surpassing expectations and raising its full-year outlook.
Key Takeaways
Tapestry delivered a record first quarter with revenue of $1.70B and GAAP EPS of $1.28, driven by double-digit growth at Coach. The company raised its full-year revenue and earnings guidance.
Revenue grew 13% YoY to $1.70B, with pro forma revenue at $1.69B excluding Stuart Weitzman.
GAAP EPS rose 61% YoY to $1.28, with non-GAAP EPS at $1.38.
Coach revenue grew 22% YoY, leading the performance.
Full-year revenue and earnings guidance were raised, with expected EPS between $5.45 and $5.60.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Tapestry raised its FY26 outlook, now expecting $7.3B in revenue and GAAP EPS between $5.45 and $5.60.
Positive Outlook
- FY26 revenue expected to reach $7.3B, above prior guidance.
- EPS guidance raised to $5.45–$5.60, from previous $5.30–$5.45.
- Operating margin expected to expand by ~50bps YoY.
- Foreign exchange expected to be a 70bps tailwind.
- Adjusted free cash flow expected to reach $1.3B.
Challenges Ahead
- Tariff and duty impact expected to be a 230bps headwind on margin.
- Results exclude Stuart Weitzman contributions post-divestiture.
- Guidance assumes no material worsening of inflation.
- Organizational efficiency efforts may incur additional costs.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...