Tapestry Posts 17% Revenue Growth and 38% EPS Rise, Coach Leads
Tapestry reported $8 billion in revenue, up 17% on a pro forma constant-currency basis, with earnings per share rising 38% to $7.05. Coach drove growth while Kate Spade’s turnaround lagged, a key focus heading into fiscal 2027. Management highlighted price and unit volume momentum, leverage of 1.1x adjusted EBITDA, and tariff-driven uncertainty as U.S. import costs shift.