Tapestry FY26 Q3 EPS rises 74% to USD 1.65; net sales climb 21% to USD 1.92 billion
Tapestry
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- Tapestry posted fiscal 2026 third-quarter net income of USD 343.8 million, up 69%, while earnings per diluted share climbed 74% to USD 1.65.
- Operating income rose 69% to USD 427.5 million, lifting operating margin 6.3 percentage points to 22.3%.
- Net sales increased 21% to USD 1.92 billion, led by Coach net sales of USD 1.7 billion, up 31%.
- Kate Spade net sales fell 10% to USD 219.6 million; inventory edged down to USD 843.9 million.
- Outlook raised to revenue around USD 7.95 billion, operating margin about 23%, earnings per diluted share around USD 6.95; CEO Joanne Crevoiserat cited third-quarter outperformance and benefits from Amplify strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tapestry Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260507429868) on May 07, 2026, and is solely responsible for the information contained therein.
