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NYSE: TPR TAPESTRY, INC. 10-K

Tapestry FY26: revenue +14% to $8.0B, net income +734% to $1.5B on tariff refund & tax shifts

Filed August 13, 2026 · Period ending June 27, 2026 · Compared to 10-K Aug 14, 2025 · ~1 min read

Key Changes

  • high

    IEEPA tariff refund: $98.3M pre-tax income recognized (120bp gross-margin boost) from $114.7M probable refund of invalidated tariffs; $2.1M cash received, remainder pending government processing.

    MD&A: IEEPA Tariff Refund verify on EDGAR →
  • high

    Stuart Weitzman sale closed Aug 2025 for $109.1M; company now two segments (Coach 86% of sales, Kate Spade 13%). Kate Spade fair value now 30% above carrying value after FY25's $854.8M impairment.

    Business: Divestiture & Segments verify on EDGAR →
  • high

    New Amplify 2028 strategy targets Gen Z acquisition, handbag/leathergoods leadership, and international growth (Greater China, Europe); marketing spend rose $218M to $962.5M (12% of sales).

    Business: Amplify Strategy verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 16, 2026 · How we verify