10-Q quarterly report · filed May 7, 2026

Tapestry, Inc. (TPR) Q1 2026 10-Q Quarterly Report

Short answer

Tapestry, Inc. (TPR) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 28, 2026. Quarterly revenue was $1.9B (up 21.2% year over year) with net income of $344M.

Q1 2026 key financials · XBRL

Revenue
$1.9B
+21.2% YoY · −23.2% QoQ
Net income
$344M
+69.1% YoY · −38.7% QoQ
Operating margin
22.3%
Gross margin
76.9%
EPS (diluted)
$1.65
+73.7% YoY · −37.7% QoQ

Source: XBRL data from the Tapestry, Inc. (TPR) Q1 2026 10-Q on SEC EDGAR. USD.

Tapestry, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Operating cash flow $1.46B vs $769.8M YoY, up $686.5M
  • Cash $1.05B vs $1.10B at fiscal year-end, down $53.5M
  • Investing cash use $10.4M vs $948.2M source YoY, including $112.8M capital expenditures
  • Financing cash use $1.49B, including $1.25B stock repurchases
  • Fiscal 2026 capital expenditures and cloud costs expected near $200M; Kate Spade impairment risk tied to profitability trends

Risk Factors

  • No material risk-factor changes disclosed; filing refers to June 28, 2025 Form 10-K risk factors
  • Share-repurchase execution risk; 1,050,767 shares repurchased during the quarter
  • Capital-allocation risk; $2.1886 billion remained authorized under the $3.00 billion program at quarter-end

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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