earnings
confidence high
sentiment positive
materiality 0.85
Tapestry Q2 FY2026: Record revenue $2.5B (+14% YoY); EPS $2.68 (+94%); raises FY outlook
TAPESTRY, INC.
2026-Q2 EPS reported
$3.93
revenue$4,207,000,000
- Revenue $2.5B (+14% YoY); pro forma revenue +18% driven by Coach brand +25%.
- GAAP diluted EPS $2.68 (up 94% YoY); Non-GAAP diluted EPS $2.69 (up 34% YoY).
- Operating margin expanded 620 bps GAAP (28.6%) and 390 bps Non-GAAP (28.8%).
- FY2026 outlook raised: revenue, operating margin, EPS, and free cash flow guidance increased.
- On track to return $1.5B to shareholders in FY2026, up from prior guidance.