Tapestry Q4 revenue record $1.72B, +8% YoY; FY2026 EPS guidance $5.30-$5.45; dividend raised 14%

TAPESTRY, INC.

2025-FY EPS reported $0.82 revenue$7,010,700,000

Q4 revenue $1.72B (+8% YoY); Coach brand +14%; non-GAAP EPS $1.04 (vs $0.92 prior year).
Full year revenue $7.01B (+5%); non-GAAP EPS $5.10 (vs $4.29 prior year); gross margin expanded 210bps.
Board approved 14% dividend increase to $0.40/quarter ($1.60 annualized); payable Sep 22 to holders of record Sep 5.
FY2026 outlook: revenue ~$7.2B, non-GAAP EPS $5.30-$5.45 (4-7% growth); expects $800M in share repurchases.
Recorded $855M impairment on Kate Spade intangible assets due to tariff/trade policy impacts; net debt $1.27B; leverage 1.4x.

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