---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001201"
form_type: "8-K"
ticker: "TPR"
cik: "0001116132"
company_name: "TAPESTRY, INC."
filed_at: "2022-09-09T23:59:59+00:00"
generated_at: "2026-06-23T11:44:08.625543+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tapestry targets $8B revenue, >$5 EPS by FY2025; $3B capital return planned

## Summary
- FY2025 revenue target of $8B (6-7% three-year CAGR); EPS >$5 (low-to-mid-teens CAGR).
- Coach revenue goal $5.7B (mid-single-digit CAGR) with 30% operating margin.
- Kate Spade revenue goal $1.9B (high-single-digit CAGR); Stuart Weitzman $450M (low-double-digit CAGR).
- Operating margin target ~19% (~100 bps expansion vs FY22); cumulative $3B shareholder return by FY25.
- Dividend payout ratio 35%-40%; annual share repurchases at least $700M; FY23 outlook unchanged.

## SEC filing metadata
- accession: 0001157523-22-001201
- form_type: 8-K
- ticker: TPR
- cik: 0001116132
- company_name: TAPESTRY, INC.
- filed_at: 2022-09-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116132/000115752322001201/0001157523-22-001201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116132/000115752322001201/a52878474.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001201
- JSON: https://secwatch.observer/filing/0001157523-22-001201.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001201.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
