secwatch.observer — SEC 8-K summary
======================================

Issuer:     TAPESTRY, INC. (TPR)
CIK:        0001116132
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001140361-25-031018
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125031018/0001140361-25-031018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116132/000114036125031018/ef20053800_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-031018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer