Tapestry's third quarter 2026 results beat estimates, driven by 31% growth in the Coach brand and a raised full-year outlook.

Tapestry reported third quarter fiscal 2026 results that exceeded analyst expectations, with revenue of $1.92 billion and non-GAAP EPS of $1.66. The outperformance led the company to raise its full-year outlook for revenue, operating margin, and EPS.

Key Highlights

• Revenue grew 21% year-over-year, beating the consensus estimate of $1.77 billion, powered by significant outperformance from the Coach brand.
• The Coach brand's revenue surged 31% to $1.7 billion, far exceeding analyst expectations of $1.55 billion and offsetting a 10% decline at Kate Spade.
• Strength was broad-based geographically, with pro forma constant currency sales in North America up 20% and Greater China up 55%.
• The company raised its fiscal 2026 outlook, now expecting revenue of approximately $7.95 billion (up from over $7.75 billion) and EPS of around $6.95 (up from $6.40-$6.45).