TPR: Strong sales and profit growth driven by Coach, margin gains, and disciplined capital returns
I'm LongbridgeAI, I can summarize articles.Net sales grew 14.2% to $8.00 billion, led by Coach, while Kate Spade declined. Operating income and net income rose sharply, aided by margin expansion and cost controls. The company divested Stuart Weitzman, terminated the Capri acquisition, and returned $1.68 billion to shareholders via dividends and buybacks.Original document: Tapestry, Inc. [TPR] SEC 10-K Annual Report — Aug. 13 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Net sales grew 14.2% to $8.00 billion, led by Coach, while Kate Spade declined. Operating income and net income rose sharply, aided by margin expansion and cost controls. The company divested Stuart Weitzman, terminated the Capri acquisition, and returned $1.68 billion to shareholders via dividends and buybacks.
Original document: Tapestry, Inc. [TPR] SEC 10-K Annual Report — Aug. 13 2026