Tapestry Inc., the parent company of Coach and Kate Spade, reported record quarterly revenue and stronger-than-expected earnings on Thursday. However, despite the upbeat financial performance and raised full-year guidance, shares of the luxury retailer tumbled as investors expressed disappointment over the company's growth outlook and ongoing challenges at its Kate Spade brand.
Tapestry Inc (NYSE:TPR) on Thursday reported better than expected fiscal first quarter 2026 revenue and earnings, boosted by sales growth from its Coach fashion brand. The company, which also owns the Kate Spade line, generated revenue of $1.70 billion in the quarter, up 13% year over year and better than the $1.64 billion analyst consensus estimate, according to a survey by LSEG.
Tapestry, Inc. ( TPR ) Q1 2026 Earnings Call November 6, 2025 8:00 AM EST Company Participants Christina Colone - Global Head of Investor Relations Joanne Crevoiserat - President, CEO & Director Scott Roe - CFO & COO Todd Kahn - CEO & Brand President of Coach Conference Call Participants Irwin Boruchow - Wells Fargo Securities, LLC, Research Division Matthew Boss - JPMorgan Chase & Co, Research...
Tapestry's efforts to protect margins against tariffs, a leaner Kate Spade product line and strong Gen-Z demand for Coach's Tabby handbags helped the company lift its annual profit and sales targets on Thursday.
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, today reported results for the fiscal first quarter ended September 27, 2025. Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., commented: “At our investor day in September, we introduced our Amplify plan – a bold vision to bring Tapestry's iconic brands to new generations of ...
Quarterly earnings reports from consumer companies are increasingly showing how consumers are diverging in their spending. Commonly called a "K-shaped" economy, companies are seeing wealthier Americans spend more while lower-income Americans are paring back.
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