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Tapestry — Feb 5, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-26-003783
Open on SEC.gov ↗
Showing in the filing
Shareholder returns (dividends + share repurchases)
“$1.5 billion”
Period
FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 16
Shareholder returns (dividends + share repur… for FY2026
“$1.5 billion”
Quarterly cash dividend
“$0.40 per common share”
Annual dividend for FY2026
“$1.60 per share”
Share repurchases for FY2026
“approximately $1.2 billion”
Revenue for FY2026
“over $7.75 billion, representing approximately 11% growth versus prior year on a reported basis”
Revenue growth versus prior year (reported b… for FY2026
“approximately 11%”
Pro forma revenue growth (nominal basis) for FY2026
“approximately 15%”
Pro forma revenue growth (constant currency) for FY2026
“14%”
Foreign currency impact to topline for FY2026
“70-basis point tailwind”
Operating margin expansion versus prior year for FY2026
“approximately 180 basis points”
Tariff and duty headwind offset for FY2026
“nearly 200 basis points”
Net interest expense for FY2026
“approximately $65 million”
Tax rate for FY2026
“approximately 17%”
Weighted average diluted share count for FY2026
“approximately 211 million shares”
Earnings per diluted share for FY2026
“$6.40 to $6.45”
EPS growth over prior year for FY2026
“over 25%”
Exhibit 99.1 · the passage around this item
… earlier in the release
REPORTS FISCAL 2026 SECOND QUARTER RESULTS AND RAISES FULL YEAR OUTLOOK Achieved Record Quarterly Revenue, Operating Profit, and EPS with Growth Exceeding Expectations • Delivered Revenue of $2.5 Billion, an Increase of 14% Versus Prior Year • Achieved Pro Forma Revenue Growth of 18% Led by a 25% Gain at the Coach Brand • Drove Operating Margin Expansion of 620 Basis Points on a GAAP Basis and 390 Basis Points on a Non-GAAP Basis Fueled by a Gross Margin Increase and SG&A Leverage • Achieved GAAP Diluted EPS of $2.68, up 94% Versus Prior Year, and Non-GAAP Diluted EPS of $2.69, an Increase of 34% Versus Prior Year • On Track to Return $1.5 Billion to Shareholders in Fiscal Year 2026, an Increase Versus Prior Guidance, Driven by Strong Balance Sheet and Robust Cash Flow Generation • Raises Fiscal Year 2026 Revenue, Operating Margin, EPS, and Free Cash Flow Outlook Link   to Download Tapestry’s Q2 Earnings Presentation, Including Brand Highlights New York , February 5, 2026 – Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today reported results for the fiscal second quarter ended December 27, 2025. 10 HUDSON YARDS, NEW YORK, NY 10001 TELEPHONE 212 594 1850 FAX 212 594 1682 WWW.TAPESTRY.COM Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., commented: “Our second quarter outperformance reflects the compounding impact of our Amplify strategy, driving deeper consumer engagement, accelerated growth, and record results. This holiday season, our talented teams brought creativity, craftsmanship, and value to consumers around the world, building new and lasting connections that fuel enduring brand desire and demand. As we move forward, we do so with momentum and confidence. By harnessing our proven strategies and s
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.