HighGravityDataTapestry — Aug 13, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001140361-26-032624
Showing in the filing
Dividend increase
“16%”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 23
Dividend increase
“16%”
Share repurchases for FY2027
“$1.35 billion”
Capital return (dividends + buybacks) for FY2027
“approximately $1.7 billion”
Return to shareholders for FY2027
“approximately $1.7 billion”
Quarterly cash dividend for FY2027
“$0.4625 per common share”
Annual dividend rate for FY2027
“$1.85 per share”
Revenue for FY2027
“$8.4 billion to $8.5 billion”
Foreign currency benefit to revenue growth for FY2027
“40 basis point benefit”
Operating margin expansion versus prior year for FY2027
“approximately 50 basis points”
Net interest expense for FY2027
“approximately $55 million”
Tax rate for FY2027
“approximately 18.5%”
Weighted average diluted share count for FY2027
“approximately 203 million”
Earnings per diluted share for FY2027
“$7.80 to $7.90”
Adjusted free cash flow for FY2027
“approaching $1.7 billion”
CapEx and Cloud Computing costs for FY2027
“$300 million”
Long-term revenue growth commitment for the long term
“mid-single-digit revenue growth”
Revenue growth for Q1 FY2027
“high-single-digits on a nominal and constant currency basis versus prior year pro forma revenue”
Revenue growth (nominal and constant currenc… for Q1 FY2027
“high-single-digits”
Foreign currency benefit to revenue growth for Q1 FY2027
“30 basis point benefit”
Earnings per diluted share for Q1 FY2027
“approximately $1.55, representing low-teens growth versus prior year”
53rd week impact on annual revenue growth for FY2027
“an additional percentage point”
53rd week impact on operating margin for FY2027
“neutral impact”
Tariff rate embedded on U.S. inventory recei… for FY2027
“a mid-20% tariff rate”
Exhibit 99.1 · the passage around this item
… earlier in the release
REPORTS FISCAL 2026 FOURTH QUARTER AND FULL YEAR RESULTS
Achieved Tapestry Investor Day Revenue, Operating Margin, and EPS Targets
Two Years Ahead of Plan
•
Delivered Fourth Quarter Revenue of $1.9 Billion, an Increase of 9% Versus Prior Year or 11% on a Pro Forma Constant Currency Basis, led by a 15% (+14% Constant
Currency) Growth at Coach Brand
•
Achieved Annual Revenue of $8.0 Billion in Fiscal 2026, an Increase of 14% Versus Prior Year or 17% on a Pro Forma Constant Currency Basis, Driven by 24% (+23%
Constant Currency) Growth at Coach Brand
•
Expanded Gross Margin and Operating Margin Versus Prior Year in Both Q4 and Fiscal 2026, Exceeding Guidance
•
Achieved Q4 GAAP Diluted EPS of $1.68 and Non-GAAP Diluted EPS of $1.32; Delivered Full Year GAAP Diluted EPS of $7.27 and Non-GAAP Diluted EPS of $7.05,
Outperforming Guidance
•
Returned $1.7 Billion to Shareholders in Fiscal 2026 Through Dividends and Share Repurchases
•
Board of Directors Approves 16% Dividend Increase
•
Initiates Fiscal 2027 Outlook for Mid-Single Digit Revenue Growth, Continued Operating Margin Expansion, and Low-Double-Digit EPS Growth, Consistent with Long-Term
Commitments
Link to Download Tapestry’s Q4 and Fiscal Year Earnings Presentation, Including Brand Highlights
10 HUDSON YARDS, NEW YORK, NY 10001 TELEPHONE 212 594 1850 FAX 212 594 1682 WWW.TAPESTRY.COM
New York ,
August 13, 2026 – Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, consisting of Coach and Kate Spade New York, today reported results for the fiscal fourth quarter and full year ended June 27, 2026.
Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., commented:
“Our fourth quarter outperformance capped a year of strong growth, as we meaningfully exceeded expectations and achieved key
financial commitments we established at our Investor Day two years ahead of plan.
Our success is by design, demonstrating the power of our Amplify strategy. Through intentional choices, disciplined execution, and
an unwavering focus on the consumer, we have built a stronger, more focuse
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.