Tapestry Inc
TPR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %L | LOCK|&#@>$ | LOCK|dnqFWT^ |
Tapestry Earnings: Coach Continues to Outshine Peers, but Performance Already Reflected in Valuation
Tapestry's fiscal 2026 fourth-quarter sales rose 9% as Coach's 15% increase offset Kate Spade's 7% decline. Tapestry's non-GAAP gross margin rose 180 basis points to 78.1% and its non-GAAP operating margin improved 250 basis points to 19.3%. Non-GAAP EPS rose to $1.32 from $1.04.
