Tapestry stock reports 14 percent revenue growth for fiscal 2026

Published on 10/03/2026 at 21:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tapestry stock reflects fiscal 2026 revenue of USD 8.0 billion, up 14 percent year over year. Coach delivered 23 percent global sales growth, while fiscal 2027 guidance targets USD 8.4 billion to USD 8.5 billion.

Lederhandwerker näht unbedruckte Tasche in warmem Atelierlicht auf Holzwerkbank — Fotorealistische Werkstattszene zeigt Handwerker beim Nähen einer Ledertasche für Tapestry Inc. US8760301072 Aktienanleger, Illustration mit AI erstellt.

Tapestry (ISIN US8760301072) closed at USD 118.12 on the NYSE on October 2, 2026, down 0.94 percent from the prior close of USD 119.24. The company's fiscal 2026 results and its next-year growth plan now define the valuation debate.

Fiscal 2026 exceeded the plan

According to the SEC filing dated September 25, 2026, Tapestry delivered fiscal 2026 revenue of USD 8.0 billion, an increase of 14 percent from the prior year. The filing also lists adjusted EPS of USD 7.05, up 38 percent, and operating margin of 23.4 percent.

The filing adds that Coach led the expansion with 23 percent global sales growth, while Tapestry acquired 11 million new customers globally during fiscal 2026. That mix matters because the stronger brand is carrying the group while Kate Spade remains the more important execution test.

Revenue guidance stays in focus

MarketBeat reported that Tapestry generated USD 1.88 billion of revenue in the quarter ended June 27, 2026, up 8.9 percent year over year, while adjusted EPS reached USD 1.32 against a USD 1.28 consensus estimate. Management's fiscal 2027 outlook calls for revenue of USD 8.4 billion to USD 8.5 billion and EPS of USD 7.80 to USD 7.90.

The guidance places the next phase on measured growth rather than a repeat of fiscal 2026's acceleration. It also gives the stock a concrete benchmark: fiscal 2027 revenue must rise from the USD 8.0 billion base while the company continues expanding margins.

Wells Fargo trims its target

As Business Insider reported on September 28, 2026, Wells Fargo maintained a Buy rating but reduced its price target from USD 165.00 to USD 160.00. The target remains USD 41.88 above the October 2 price, equivalent to 35.5 percent, while the broader analyst consensus cited by MarketBeat was USD 175.12.

Stock remains below its yearly high

Tapestry's USD 118.12 closing price on October 2, 2026 was 28.3 percent below the USD 164.80 52-week high and USD 25.12 above the USD 93.00 low. Market capitalization stood at USD 23.9 billion, with volume of 3,590,713 shares.