Liz Fraser
On August 1, 2024, the Company announced that Liz Fraser, the CEO & Brand President of Kate Spade, will be leaving the Company.
Highest-materiality recent filing
Tapestry beats Q3 with 21% revenue growth, raises FY2026 outlook
Revenue $1.92B, +21% YoY (+19% constant currency); pro forma +25%.
Tapestry appoints Pinterest CTO Matt Madrigal to Board of Directors
Matthew Madrigal, CTO of Pinterest (NYSE: PINS), joined Tapestry's Board effective April 6, 2026.
Tapestry Q2 FY2026: Record revenue $2.5B (+14% YoY); EPS $2.68 (+94%); raises FY outlook
Revenue $2.5B (+14% YoY); pro forma revenue +18% driven by Coach brand +25%.
Tapestry Announces Results of 2025 Annual Meeting of Stockholders
Stockholders elected all 11 director nominees, including Joanne Crevoiserat, David Elkins, and Thomas Greco, with votes for ranging from 157.6M to 162.5M.
Tapestry Q1 FY2026: Record revenue $1.70B (+13% YoY), EPS $1.28 (+61%), raises full-year outlook
Revenue $1.70B, up 13% YoY (+12% constant currency); pro forma revenue up 16% led by Coach +22%.
Tapestry director JP Bilbrey to not stand for re-election at Nov 13 annual meeting
JP Bilbrey notified Tapestry on Sept 16, 2025 he will not stand for re-election to the Board.
Tapestry unveils 'Amplify' strategy, targets low-double-digit EPS growth, $3B buyback
New $3B share repurchase authorization replaces prior program; plans $4B total capital return through FY2028.
Tapestry awards CEO Joanne Crevoiserat $15M special equity grant tied to FY2028 EPS performance
Special grant of $15M target fair value to CEO, split equally between performance-based RSUs (PRSUs) and time-based RSUs.
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).
Tapestry enters $2B revolving credit facility maturing 2030, replacing prior facility
New $2B unsecured revolving credit facility with maturity May 22, 2030.
Tapestry Q3 beats, raises FY25 EPS view to ~$5.00, revenue outlook to $6.95B
Q3 net sales $1.58B (+7% YoY); GAAP EPS $0.95 (+60%), non-GAAP $1.03 (+27%).
Tapestry sells Stuart Weitzman to Caleres for $105M cash
Total cash consideration of $105M, subject to customary adjustments for cash, debt, working capital.
Tapestry Q2 EPS $2.00 vs $1.63 YoY; raises FY2025 guidance; revenue $2.2B +5%
Record Q2 revenue $2.20B (+5% YoY); diluted EPS $1.38 GAAP, $2.00 non-GAAP (vs $1.63 prior year).
Tapestry closes $1.5B senior unsecured notes offering (5.100% 2030 and 5.500% 2035)
Issued $750M 5.100% notes due 2030 and $750M 5.500% notes due 2035.
Tapestry prices $1.5B senior unsecured notes in two tranches at 5.100% and 5.500%
$750M of 5.100% notes due 2030 and $750M of 5.500% notes due 2035 priced for public offering.
Tapestry launches $2.0B ASR, expects initial 28.4M share delivery on Nov 26
Entered ASR agreements with Bank of America and Morgan Stanley to repurchase $2.0B of common stock.
Tapestry shareholders approve all proposals at 2024 annual meeting
Directors elected with votes for ranging from 174.8M to 187.1M; broker non-votes 20.7M.
Tapestry terminates Capri merger, plans $2B buyback, redeems $6.1B in notes
Tapestry and Capri mutually terminated merger on Nov 13, 2024; no break fee, but Tapestry pays $45M expense reimbursement.
Tapestry beats Q1; record non-GAAP EPS $1.02, raises FY EPS to $4.50-$4.55
Q1 revenue $1.51B flat YoY; GAAP EPS $0.79, non-GAAP EPS $1.02 (record).
Tapestry Q4 non-GAAP EPS $0.92 beats; FY2024 record non-GAAP EPS $4.29; FY2025 outlook $4.45-$4.50
Q4 net sales $1.59B (flat constant currency); FY2024 revenue $6.67B (+1% constant currency); gross margin 73.3% (up 250bps).
Tapestry appoints Eva Erdmann as CEO & Brand President of Kate Spade, replacing Liz Fraser
Liz Fraser leaves Kate Spade in September; eligible for 12 months' salary, FY2024 incentive, and severance on equity.
Adjusted EPS $0.81 on revenue $1.48B (-2% YoY); gross margin 74.7% (+190 bps) on lower freight and FX tailwinds.
FTC sues to block Tapestry's acquisition of Capri Holdings; Tapestry responds
FTC filed complaint on April 22, 2024 seeking to enjoin Tapestry's acquisition of Capri Holdings.
Tapestry obtains EU and Japan antitrust clearance for Capri acquisition; US approval remains
EC approved transaction unconditionally under Article 6(1)b of EUMR on April 15, 2024.
Tapestry expands board to 11 with Sysco CEO Hourican and BMY CFO Elkins
Board increased from nine to eleven members; Hourican and Elkins elected effective Feb 29, 2024.
On August 1, 2024, the Company announced that Liz Fraser, the CEO & Brand President of Kate Spade, will be leaving the Company.
elected each of Kevin Hourican and David Elkins as a director of the Company, effective as of February 29, 2024.
elected each of Kevin Hourican and David Elkins as a director of the Company, effective as of February 29, 2024.
Max materiality 0.85 · Median 0.75 · Most common event earnings