{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000816","form_type":"8-K","ticker":"TPR","cik":"0001116132","company_name":"TAPESTRY, INC.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.983988+00:00","generated_at":"2026-06-15T03:32:39.693364+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tapestry Q3 net sales $1.51B (+5%) and EPS $0.78 beat; raises FY2023 EPS outlook to $3.85-$3.90","bullets":["Q3 revenue $1.51B (+5% reported, +9% constant currency); gross margin 72.8% (+290 bps YoY).","Diluted EPS $0.78 vs $0.46 prior year (non-GAAP prior year $0.51); raised FY2023 EPS guidance to $3.85-$3.90.","International revenue grew ~20% constant currency; Greater China up ~20%; North America low-single-digit gain.","Returning $1B to shareholders in FY2023: $700M share repurchases, $300M dividends ($1.20 annual, +20%).","Inventory up only 2% YoY; free cash flow Q3 inflow $71M vs outflow $55M prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000816","json":"https://secwatch.observer/filing/0001157523-23-000816.json","markdown":"https://secwatch.observer/filing/0001157523-23-000816.md","text":"https://secwatch.observer/filing/0001157523-23-000816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1116132/000115752323000816/0001157523-23-000816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1116132/000115752323000816/a53397141.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T03:32:39.693364+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":"00e8ef750932c28be20875d94040092e02a7d32c","claim":"TAPESTRY, INC. reported third fiscal quarter ended April 1, 2023 results: revenue $1.51 billion, EPS $0.78. Guidance raised.","evidence_excerpt":"in the quarter and $714 million year-to-date through a combination of share repurchases and dividends . Overview of Fiscal 2023 Third Quarter Financial Results Net sales totaled $1.51 billion compared to $1.44 billion in the prior year, representing a reported year-over-year increase of 5%. Excluding a 370 basis point headwind from currency due to the appreciation of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1116132/000115752323000816/0001157523-23-000816-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended April 1, 2023"},{"label":"Revenue","value":"$1.51 billion"},{"label":"EPS","value":"$0.78"},{"label":"Guidance","value":"raised"},{"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"}