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 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 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 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 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 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.
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