Tapestry Q1 revenue rises 13% to $1.7 billion; company raises fiscal 2026 outlook
Tapestry reported fiscal first-quarter 2026 results for the period ended September 27, 2025, with net sales of $1.70 billion, up 13% from a year earlier, and GAAP diluted earnings per share of $1.28, up from $0.79. The company raised its fiscal 2026 earnings per share outlook to $5.45 to $5.60 from $5.30 to $5.45 and now expects to buy back about $1.0 billion of stock, up from $800 million, which matters to shareholders because both revenue and profit improved and the company is returning more cash to them.
Key points
- Net sales $1.70 billion, up 13%; up 16% on a pro forma basis excluding Stuart Weitzman
- GAAP diluted EPS $1.28 vs. $0.79 a year earlier; non-GAAP diluted EPS $1.38 vs. $1.02
- Fiscal 2026 EPS outlook raised to $5.45 to $5.60; revenue outlook of about $7.3 billion
- Quarterly dividend of $0.40 per share payable December 22, 2025; buybacks now about $1.0 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.