Recent Updates — TPR
Tapestry, Inc. reported fiscal fourth quarter and full year results for the period ended June 27, 2026. Fourth-quarter net sales reached $1.88 billion, a 9% increase, while full-year revenue grew 14% to $8.0 billion. The company achieved GAAP diluted EPS of $1.68 in Q4 and $7.27 for the full year, exceeding guidance. Tapestry returned $1.7 billion to shareholders during fiscal 2026 through dividends and share repurchases. The Board approved a 16% dividend increase, establishing a quarterly cash dividend of $0.4625 per share payable on September 21, 2026, with a record date of September 4, 2026. Management initiated fiscal 2027 guidance projecting revenue between $8.4 billion and $8.5 billion and low-double-digit EPS growth. Tapestry operates in the luxury accessories industry as the parent company of Coach and Kate Spade New York.