TPRTapestry, Inc.
The financials
Tapestry, Inc. by the numbers
Tapestry, Inc. (TPR) reported revenue of $1.89B in fiscal Q1 2027 (quarter ended Sep 26, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 79% and net income of $360M (19% of revenue). For the full year FY2026, revenue was $8.00B (+14% year on year) and net income $1.53B. Its largest region in fiscal Q1 2027 was North America at $930M, 56% of the disclosed total, well ahead of Greater China at 23%. The next results filing is expected around Feb 4, 2027, the same week as a year ago.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $1.89B | $1.71B | +11% |
| Gross profit | $1.49B | $1.30B | +14% |
| Operating income | $424M | $328M | +29% |
| Net income | $360M | $275M | +31% |
| Diluted EPS | $1.76 | $1.28 | +38% |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $930M | 56% |
| Greater China | $379M | 23% |
| Other Asia | $192M | 12% |
| Non-US | $160M | 9.6% |
Over its last three fiscal years Tapestry, Inc. booked income tax of 18.2% of its pretax profit, 21.0% once deferred tax is taken out, below the 21.3% median for US companies in our tax study.
Business segments
Revenue split by geographic segment, from SEC XBRL filings.
- North America$930.0M$930.0Mvs last quarter -4.2%vs a year ago +7.0%-4.2%+7.0%
- Greater China$379.0M$379.0Mvs last quarter +10%vs a year ago +46%+10%+46%
- Other Asia$192.0M$192.0Mvs last quarter +3.2%vs a year ago +11%+3.2%+11%
- Non-US$160.0M$160.0Mvs last quarter +13%vs a year ago +25%+13%+25%
Luxury Goods
The closest names by size in the same industry