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Get filing alertsTapestry's net income surged to $1.53B in fiscal 2026 from $183.2M a year earlier, including a one-time IEEPA tariff refund.
Filed August 13, 2026 · Period ending June 27, 2026 · Compared to 10-K Aug 14, 2025 · ~1 min read
Key Changes
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Net sales rose 14.2% to $8.00B, with Coach up 23.5% to $6.91B and Kate Spade down 10.2% to $1.07B.
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Operating income jumped to $1.91B from $415.0M, including a one-time IEEPA tariff refund.
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The company recognized a probable IEEPA tariff refund of $114.7 million, with $96.2 million reducing cost of sales, boosting gross profit.
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