Tapestry, Inc. (TPR) Earnings Call Transcripts

Tapestry, Inc.'s Latest Earnings Call - Q3 FY2026

In Q3 FY 2026, Tapestry, Inc. reported a significant revenue increase of 23% year-over-year, reaching $7.95 billion, driven by strong performance across its brands, particularly Coach, which grew 29%. Earnings per share surged 62% to $1.66, exceeding expectations and prompting management to raise their full-year guidance. The company now anticipates revenue growth of 16% for the fiscal year, up from previous estimates, underscoring robust demand and effective brand strategies.

Reported metrics

Guidance from management

Management raised their FY 2026 revenue guidance to approximately $7.95 billion, with EPS expected to be around $6.95, reflecting strong performance and confidence in continued growth.

What management said

And quick build on that. I didn't answer your other question about what are we seeing quarter-to-date. Quarter-to-date, we're right in line with the guide that we just gave. So what we see right now gives us confidence in the guide that we gave for the fourth quarter.

Thanks, Leo. Tapestry delivered another standout quarter, and we raised our outlook for the year, which is a reflection of proven strategies, disciplined execution and durable structural advantages that compound. We move forward with confidence, guided by our blend of Magic and Logic and an unwavering focus on the consumer. Together, these are the foundations of sustainable growth and long-term shareholder value. And...

What analysts pressed on

Analysts expressed concerns regarding the decline in Kate Spade's revenue and the potential challenges in sustaining Coach's exceptional growth rates in the coming fiscal year. There were questions about the visibility of future growth in a competitive market.

Main topics on the call

• Revenue Growth Acceleration — Tapestry's revenue grew by 23% year-over-year, significantly outperforming expectations. CEO Joanne Crevoiserat noted, "This outperformance allowed us to confidently increase our outlook for the year," highlighting the s...
• Strong Performance from Coach — Coach achieved a remarkable 29% revenue growth in constant currency, driven by strong customer acquisition and retention, particularly among Gen Z. Management emphasized that Coach is on track to become a $10 billion bra...
• Challenges at Kate Spade — Kate Spade's revenue declined by 11%, reflecting ongoing strategic pullbacks in promotions. However, management expressed optimism about future growth, noting, "Where we focus and invest, we see signs of progress," indic...
• Increased Marketing Investments — Tapestry increased marketing spend by approximately 50% year-over-year, focusing on brand building and customer acquisition. This strategy is designed to enhance engagement with Gen Z consumers, as noted in their campaig...

Read the full Tapestry, Inc. transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 33 Tapestry, Inc. earnings call transcripts on record, spanning February 6, 2020 to May 7, 2026. Based on this history, Tapestry, Inc. reports quarterly. The most recent call on file is dated May 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TPR

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Textiles, Apparel and Luxury Goods

Calls on record

33

First call

February 6, 2020

Most recent

May 7, 2026

Reporting cadence

quarterly