Tapestry Posts its Best Quarter Ever with $2.5 Billion in Revenue and Raises its Full Year Outlook

Tapestry Inc. delivered its strongest quarter on record in Q2 fiscal 2026, reporting revenue of $2.5 billion, a 14% increase versus the prior year. Simultaneously, closing the books on the blocked Capri Holdings merger and completing the divestiture of Stuart Weitzman. The results mark a new chapter for the New York based house of accessible luxury brands, now operating as a leaner, more focused two brand company built around Coach and Kate Spade New York.

The quarter came in well ahead of expectations across revenue, operating profit, and earnings per share, prompting the company to raise its full year outlook across every key financial metric.

Coach Is the Engine Driving Everything

The standout number in the results was Coach, which posted 25% revenue growth in the quarter, an extraordinary result for a brand of its scale and maturity. Handbag average unit retail prices and unit volumes each grew at a…