Tapestry Inc. reported fiscal 2026 revenue of $8.0 billion, up 14% from the prior year, as growth at Coach helped the accessories group exceed the financial commitments it set at its Investor Day two years ahead of plan.
The New York-based company, which owns Coach and Kate Spade New York, reported results for the fiscal year ended June 27, 2026. On a pro forma basis that excludes the Stuart Weitzman business, which Tapestry sold in August 2025, revenue increased 18% to $7.99 billion.
Coach was the principal growth engine. The brand delivered full-year revenue of $6.91 billion, up 24% year over year on a reported basis and 23% at constant currency. In the fourth quarter, Coach revenue rose 15% to $1.64 billion.
Kate Spade New York reported full-year revenue of $1.07 billion, down 10% on a reported basis. Fourth-quarter revenue at the brand declined 7% to $235.1 million.
Tapestry’s fiscal…
fourth-quarter net sales totaled $1.88 billion, an increase of 9% from the prior-year period. Excluding Stuart Weitzman, pro forma revenue was up 12%.
Joanne Crevoiserat, Chief Executive Officer of Tapestry, said, “Our fourth quarter outperformance capped a year of strong growth, as we meaningfully exceeded expectations and achieved key financial commitments we established at our Investor Day two years ahead of plan.” She added, “Our success is by design, demonstrating the power of our Amplify strategy.
Through intentional choices, disciplined execution, and an unwavering focus on the consumer, we have built a stronger, more focused organization. These strengths enable us to deliver creativity, value, and relevance at scale, deepening our connections with consumers globally.
We are confident our advantages will continue to compound, driving durable growth and long-term shareholder value.” Tapestry welcomed more than 11 million new consumers during fiscal 2026, with approximately 35% of new customers coming from Gen Z. The company added more than 2.5 million new customers in the fourth quarter alone…
Discussion
0 Comments
No comments yet
Start the conversation
Share your take on this story and help shape the discussion.
Sign in to join the discussion.