{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001586","form_type":"8-K","ticker":"TPR","cik":"0001116132","company_name":"TAPESTRY, INC.","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.657197+00:00","generated_at":"2026-06-21T22:15:05.960149+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Tapestry Q1 revenue $1.51B (+2% YoY) record; EPS $0.79 ahead of guidance","bullets":["Diluted EPS $0.79 vs. prior year $0.80 (reported) and $0.82 (non-GAAP); beat guidance.","Revenue $1.51B, up 2% reported, >5% constant currency; international up 11% constant currency, Greater China -11%.","Gross margin 70.0% (down 2.2pp) due to $20M freight and FX; SG&A 53.1% of sales vs 52.2% prior.","FY2023 guidance: revenue $6.5-6.6B; EPS $3.60-3.70, including $0.50 FX headwind; expects $1B shareholder return.","Returned $175M to shareholders in Q1 via buybacks ($100M) and dividends; annual dividend raised 20% to $1.20/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001586","json":"https://secwatch.observer/filing/0001157523-22-001586.json","markdown":"https://secwatch.observer/filing/0001157523-22-001586.md","text":"https://secwatch.observer/filing/0001157523-22-001586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1116132/000115752322001586/0001157523-22-001586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1116132/000115752322001586/a52965818.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T22:15:05.960149+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"65cd9ce3482db6062474138f149f35b26002f22a","claim":"TAPESTRY, INC. reported first fiscal quarter ended October 1, 2022 results: revenue $1.5 billion, net income $195 million, EPS $0.79. Guidance reaffirmed.","evidence_excerpt":"Tapestry, Inc. Reports Fiscal 2023 First Quarter Results Delivered Record First Quarter Revenue of $1.5 Billion, an Increase of 2% Versus Prior Year on a Reported Basis and Over 5% in Constant Currency Fueled International Growth of 4% Versus Prior Year on a Reported Basis and 11% in Constant Currency Achieved Diluted EPS of $0.79, Ahead of Guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1116132/000115752322001586/0001157523-22-001586-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended October 1, 2022"},{"label":"Revenue","value":"$1.5 billion"},{"label":"Net income","value":"$195 million"},{"label":"EPS","value":"$0.79"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}