Coach and Ralph Lauren are still growing because they understand what middle-class shoppers can afford.
Tapestry earnings jumped 27% and margins also expanded, with China leading growth.
Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year.
Tapestry on Thursday issued an upbeat annual earnings forecast after beating Wall Street estimates for quarterly profit, helped by resilient demand from affluent and young shoppers for its Coach handbags.
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, consisting of Coach and Kate Spade New York, today reported results for the fiscal fourth quarter and full year ended June 27, 2026. Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., commented: “Our fourth quarter outperformance capped a year of strong growth, as we meaningful...
Economic news this week will include data on consumer and producer prices, existing-home sales, and small-business optimism. As earnings season winds down, we'll see results from Simon Property, Applied Materials, Cava, and more.
NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), the global house of iconic brands consisting of Coach and Kate Spade New York, hosted its second annual Future Now AI Summit at its global headquarters, bringing together teams to share what they are building, testing, and learning as they put AI to work across the business. Live at Future Now AI Summit More than 20 cross-functional teams d...