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MARKETS / NYSE / TPR
NYSE · LEATHER & LEATHER PRODUCTS · LARGE CAP

Tapestry, Inc. TPR

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$8.0B
▲ 14.2% YoY
$1.5B
▲ 733.9% YoY
$1.8B
▲ 65.7% YoY
In brief

What this company does

Tapestry, Inc. sells its products directly to consumers through channels that include retail and outlet stores, brand e-commerce sites and concession shop-in-shops, which generated approximately 87% of total net sales in fiscal 2026. Its wholesale business, which primarily includes major department stores, specialty stores and third-party digital partners, represented approximately 12% of total net sales for fiscal 2026. As of June 27, 2026, the Company employed approximately 20,600 employees globally, of whom approximately 16,800 worked in retail locations, including 8,000 part-time employees. The Company has two reportable segments, Coach and Kate Spade. Coach includes global sales of primarily Coach-brand products to customers through the Company's direct-to-consumer, wholesale and licensing businesses, and represented 86.4% of total net sales in fiscal 2026. Kate Spade includes global sales of primarily kate spade new york-brand products to customers through the Company's DTC, wholesale and licensing businesses, and represented 13.4% of total net sales in fiscal 2026. Coach was founded in New York City in 1941. Kate spade new york launched in 1993 with a collection of six essential handbags.

Written from the business description in Tapestry, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 August 2026. Every sentence was checked against that document before publication.

Growth
USD 8.0B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 8.0 · Net income 1.5
4B8B200720092012201420162018202020232025
Compound annual growth
+6.3%
+6.9%
+5.9%
+17.7%
+12.9%
+12.7%
+23.3%
+19.8%
+16.0%
+10.1%
+1.7%
+24.0%
+17.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.9% a year over five years — but profit grew faster: net income at +12.9%, earnings per share at +19.8%.

The share count fell from 0.28B to 0.20B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
19 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.9% · Net 19.1%
10%20%30%-5%-10%200720092012201420162018202020232025
ROE
FY2025 · ROE 197.1%
50%100%150%-10%-20%200720092012201420162018202020232025

Each USD of equity produced 197 cents of profit this year.

Cash & shareholders
USD 1.9B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.8
0.8B1.6B200720092012201420162018202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.3 · Net buybacks 1.6
0.8B1.6BDividendsNet buybacks200720092012201420162018202020232025

USD 326.1M in dividends and USD 1.6B in buybacks — 123% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 6.7B
EquityUSD 692.1M
CashUSD 974.7M
Gross debtUSD 2.4B
Net debtUSD 1.4B
Current ratio1.75×

Net debt stands at 205% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222020201920182017201620152014201320122011200920082007
Revenue $B8.07.06.76.75.75.06.05.94.54.54.24.85.14.83.63.23.2
Operating income $B1.90.41.11.21.0−0.60.80.70.80.70.61.11.51.51.21.01.1
EBITDA $B2.10.61.31.41.20.31.10.91.00.90.91.31.71.61.31.11.2
Income tax $B0.30.00.20.20.10.00.10.20.20.20.20.30.50.50.40.40.4
Net income $B1.50.20.80.90.8−0.70.60.40.60.50.40.81.01.00.70.60.8
Free cash flow $B1.81.11.10.81.20.20.50.70.60.40.70.81.21.00.90.70.7
EPS, diluted $7.270.823.503.882.95−2.342.211.382.091.651.452.793.613.532.331.912.17
Dividend / sh $1.601.401.401.200.001.011.351.351.351.351.351.351.240.98···
Payout %2116339300−58619764819248332513··
ROE %197.19.831.541.130.1−22.519.012.720.817.816.432.447.052.145.939.152.5
Shares out B0.200.210.230.230.280.280.290.290.280.280.280.270.280.290.300.32·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 2 failures in 83 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente2 failures
ActivityLeather & Leather Products
Listed onNYSE
Incorporated inMaryland
Fiscal year endsJune 27
Data on record since2007

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