Tapestry Inc
TPR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| dt% | LOCK|>!H< | LOCK|k$X^@> |
Tapestry Earnings: Coach's Brand Strength Shines in Another Stellar Quarter; Shares Expensive
Coach's sales (86% of total) soared 25% while Kate Spade's sales (14%) declined 14% in Tapestry's fiscal 2026 second quarter. With expense leverage and a gross margin that rose 110 basis points to 75.5%, non-GAAP operating margin increased nearly 4 percentage points to 28.8%.
