TAPESTRY, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 6/27/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 2,379 | 77.5 |
| Stockholders' equity | 692 | 22.5 |
| Total capitalization | 3,071 | 100.0 |
199,391,678 shares outstanding at 31 July 2026 (cover page of the 10-K filed 13 August 2026).
LONG-TERM DEBT 6/27/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 2,379 |
| Long-term debt, noncurrent | 2,397 |
| Current maturities | 0 |
CAPITAL STOCK 6/27/26
| Common shares authorized | 1,000,000,000 |
| Common shares issued | 200,400,000 |
| Par or stated value per share ($) | 0.01 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/31/26 | 199,391,678 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | 1.60 | 22.0 |
| 2025 | 1.40 | 170.7 |
| 2024 | 1.40 | 40.0 |
| 2023 | 1.20 | 30.9 |
| 2022 | 1.00 | 31.5 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Maryland. Formerly known as COACH INC (to 11 October 2017).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3100, Leather & Leather Products. Large accelerated filer. Principal executive office: 10 Hudson Yards, New York, NY 10001. Fiscal year ends June 27. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 6/27/26 | 6/28/25 | 6/29/24 |
|---|---|---|---|
| Revenues | 8,004 | 7,011 | 6,671 |
| Cost of revenues | 1,775 | 1,722 | 1,782 |
| Gross profit | 6,229 | 5,289 | 4,890 |
| Selling, general and administrative | 4,315 | 4,019 | 3,749 |
| Depreciation and amortization | 161 | 163 | 174 |
| Operating income | 1,914 | 415 | 1,140 |
| Interest expense | 119 | 271 | 370 |
| Income before income taxes | 1,861 | 216 | 1,012 |
| Income taxes | 333 | 33 | 196 |
| Net income | 1,528 | 183 | 816 |
| Earned per share, diluted ($) | 7.27 | 0.82 | 3.50 |
| Dividends per share ($) | 1.60 | 1.40 | 1.40 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 6/27/26 | 6/28/25 |
|---|---|---|
| Cash and equivalents | 975 | 1,100 |
| Receivables, net | 237 | 239 |
| Inventories | 826 | 861 |
| Total current assets | 2,882 | 2,906 |
| Property, plant and equipment, net | 502 | 490 |
| Goodwill | 958 | 983 |
| Total assets | 6,692 | 6,580 |
| Total current liabilities | 1,645 | 1,557 |
| Long-term debt | 2,397 | 2,397 |
| Total liabilities | 6,000 | 5,723 |
| Stockholders' equity | 692 | 858 |
| Total liabilities and equity | 6,692 | 6,580 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6/27/26 | 8,004 | 1,914 | 1,528 | 19.1 | 7.27 | 1.60 | 1,978 | 166 | 1,812 | 6,692 | 6,000 | 2,379 | 692 | 220.7 | 3.44 |
| 6/28/25 | 7,011 | 415 | 183 | 2.6 | 0.82 | 1.40 | 1,217 | 123 | 1,094 | 6,580 | 5,723 | 2,378 | 858 | 21.4 | 2.77 |
| 6/29/24 | 6,671 | 1,140 | 816 | 12.2 | 3.50 | 1.40 | 1,256 | 109 | 1,147 | 13,396 | 10,499 | 6,937 | 2,897 | 28.2 | 2.39 |
| 7/1/23 | 6,661 | 1,172 | 936 | 14.1 | 3.88 | 1.20 | 975 | 184 | 791 | 7,117 | 4,839 | 1,636 | 2,278 | 41.1 | 0.72 |
| 7/2/22 | 6,684 | 1,176 | 856 | 12.8 | 3.17 | 1.00 | 853 | 94 | 759 | 7,265 | 4,980 | 1,659 | 2,286 | 37.5 | 0.73 |
| 7/3/21 | 5,746 | 968 | 834 | 14.5 | 2.95 | 0.00 | 1,324 | 116 | 1,208 | 8,382 | 5,123 | 1,591 | 3,259 | 25.6 | 0.49 |
| 6/27/20 | 4,961 | (551) | (652) | -13.1 | (2.34) | 1.01 | 407 | 205 | 202 | 7,924 | 5,648 | 1,588 | 2,276 | -28.6 | 0.70 |
| 6/29/19 | 6,027 | 820 | 643 | 10.7 | 2.21 | 1.35 | 792 | 274 | 518 | 6,877 | 3,364 | 1,602 | 3,513 | 18.3 | 0.46 |
| 6/30/18 | 5,880 | 672 | 398 | 6.8 | 1.38 | 1.35 | 998 | 267 | 730 | 6,678 | 3,434 | 1,600 | 3,245 | 12.3 | 0.49 |
| 7/1/17 | 4,488 | 787 | 591 | 13.2 | 2.09 | 1.35 | 854 | 283 | 571 | 5,832 | 2,830 | 1,580 | 3,002 | 19.7 | 0.53 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
TAPESTRY, INC.
CIK 1116132 · EIN 52-2242751
PRINCIPAL OFFICE:
10 Hudson Yards, New York, NY 10001
Tel.: 2129468400
INCORPORATED:
Maryland
INDUSTRY (SEC SIC CODE):
3100 · Leather & Leather Products
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 6/27/26, filed 13 August 2026
FORMER NAMES:
COACH INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 8/13/26) · 10-K FY2025 (filed 8/14/25) · 10-K FY2024 (filed 8/15/24) · 10-K FY2023 (filed 8/17/23) · 10-K FY2022 (filed 8/18/22) · 10-K FY2021 (filed 8/19/21) · 10-K FY2020 (filed 8/13/20) · 10-K FY2019 (filed 8/15/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.