Description
What this story covers
Tapestry's Q1 fiscal 2026 sales rose 13% to $1.7B, led by Coach's 22% growth, offsetting Kate Spade's dip. Gross margins expanded amid tariffs; net income up 47%. Divestiture of Stuart Weitzman streamlines focus on Amplify strategy for global expansion and innovation, with robust liquidity supporting buybacks.
Story snapshot
CompanyTapestry, Inc.
TickerTPR
VariantStandard detailed
Duration10:49
Filing type10-Q
PeriodQ1 2026
IndustryConsumer Goods
Accession0001116132-25-000025
Full Story Script
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