{ "ok": true, "cik": "1116132", "ticker": "TPR", "name": "Tapestry, Inc.", "filings": [ { "form": "DEF 14A", "filed": "2026-09-25", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000111613226000024/0001116132-26-000024-index.htm" }, { "form": "10-K", "filed": "2026-08-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000111613226000018/0001116132-26-000018-index.htm" }, { "form": "8-K", "filed": "2026-08-13", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000114036126032624/0001140361-26-032624-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000111613226000011/0001116132-26-000011-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000114036126019428/0001140361-26-019428-index.htm" }, { "form": "8-K", "filed": "2026-04-06", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1116132/000114036126013349/0001140361-26-013349-index.htm" } ], "events12m": 6, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-04-06", "url": "https://www.sec.gov/Archives/edgar/data/1116132/000114036126013349/0001140361-26-013349-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001116132.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1116132" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Tapestry, Inc. ($TPR). Last filing: DEF 14A, 2026-09-25. 6 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-06-27", "revenue": 8004200000, "revenueGrowth1y": 0.14171195458370778, "revenueGrowthPerYear": 0.046235444667396486, "yearsOfData": 5, "operatingMargin": 0.2391744334224532, "operatingMarginPrior": 0.059195230148202035, "netMargin": 0.19086229729392068, "operatingCashFlow": 1978500000, "capitalSpending": 166000000, "freeCashFlow": 1812500000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 974700000, "longTermDebt": 2396600000, "longTermDebtChange": -0.006919985082666891, "revenueHistory": [ { "fiscalYearEnd": "2022-07-02", "revenue": 6684500000 }, { "fiscalYearEnd": "2023-07-01", "revenue": 6660900000 }, { "fiscalYearEnd": "2024-06-29", "revenue": 6671200000 }, { "fiscalYearEnd": "2025-06-28", "revenue": 7010700000 }, { "fiscalYearEnd": "2026-06-27", "revenue": 8004200000 } ], "totalEquity": 692100000, "totalAssets": 6691700000, "equityRatio": 0.10342663299311086, "returnOnEquity": 2.2073399797717093, "dividendsPaid": 326100000, "payoutRatio": 0.21345813968711133, "dividendPerShare": 1.6, "dividendYearsRising": 1, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 7.49, "sharesOutstanding": 210200000, "bookValuePerShare": 3.2925784966698384, "revenuePerShare": 38.078972407231205, "range80": { "low": 7697133927.931494, "high": 9657267264.902487, "baseline": 8824082559.762484, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.07236755857628105, "classVolatility": 0.07701947805587882, "volatility": 0.07439686450494103 }, "ifPaceHeld": { "low": 7697133927.931494, "high": 9657267264.902487 } }, "edgarette": "🔖 Exposure: revenue $8.0B (FY2026), total debt $2.4B. Experience: revenue up 14.2% on the year, up 4.6% a year over 4 years; operating margin 23.9%, up from 5.9%. Soundness: equity 10.3% of assets, return on equity 220.7%, payout 21.3% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $7.7B and $9.7B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $7.1B to $10.5B. A statistical range, not company guidance.", "summary": "Tapestry (TPR) grew revenue 14.2% in FY2026 to $8.0 billion, operating margin 23.9%, equity 10.3% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Tapestry, Inc. against its own record and its peers
Operating margin23.9%Revenue, on the year14.2%Equity of assets10.3%Return on equity220.7%Payout of profit21.3%No peer group large enough for a median
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit21.3% paid out78.7% keptHanded back per share$1.6up 1 year runningGrowth its own profit can fund173.6%retained x return on equityRevenue growth it managed14.2%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 9, "rate": 0.6, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 1, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:52.574Z", "hash": "e31b89ba0900d434", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Tapestry (TPR) grew revenue 14.2% in FY2026 to $8.0 billion, operating margin 23.9%, equity 10.3% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-06-27", "revenue": 8004200000, "totalDebt": 2396600000, "cash": 974700000 }, "experience": { "revenueGrowth1y": 0.14171195458370778, "revenueGrowthPerYear": 0.046235444667396486, "operatingMargin": 0.2391744334224532, "operatingMarginPrior": 0.059195230148202035, "netMargin": 0.19086229729392068, "freeCashFlow": 1812500000 }, "soundness": { "equityRatio": 0.10342663299311086, "returnOnEquity": 2.2073399797717093, "payoutRatio": 0.21345813968711133, "dividendPerShare": 1.6, "dividendYearsRising": 1, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": null, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 1, "latest": { "filed": "2026-04-06", "url": "https://www.sec.gov/Archives/edgar/data/1116132/000114036126013349/0001140361-26-013349-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 7697133927.931494, "high": 9657267264.902487, "baseline": 8824082559.762484, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.07236755857628105, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.07439686450494103, "k": 3 }, "stress": { "low": 7085113655.660521, "high": 10492312544.839817, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 9, "rate": 0.6, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 0, 1 ], "2015": [ 1, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 0, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:52.574Z", "hash": "e31b89ba0900d434", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001116132.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1116132" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2472, "growth3y": 0.0619, "volatility": 0.0721, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.0844, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 24.7% of revenue into operating cash; revenue growing 6.2% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 74th percentile for cash, 56th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 74, "growthPctInClass": 56, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-06-27", "operating": 1978500000, "investing": -218300000, "financing": -1860900000, "capitalSpending": 166000000, "free": 1812500000, "trend": [ { "fiscalYearEnd": "2022-07-02", "operating": 853200000, "free": 759300000 }, { "fiscalYearEnd": "2023-07-01", "operating": 975200000, "free": 791000000 }, { "fiscalYearEnd": "2024-06-29", "operating": 1255600000, "free": 1146700000 }, { "fiscalYearEnd": "2025-06-28", "operating": 1216600000, "free": 1093900000 }, { "fiscalYearEnd": "2026-06-27", "operating": 1978500000, "free": 1812500000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-27", "cash": 974700000, "shortTerm": 177300000, "longTerm": 0, "equityHoldings": null, "totalAssets": 6691700000, "ladder": null, "currentRatio": 1.75, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2472, "growth3y": 0.0619, "volatility": 0.0721, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.0844, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 24.7% of revenue into operating cash; revenue growing 6.2% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 74th percentile for cash, 56th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 74, "growthPctInClass": 56, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-06-27", "operating": 1978500000, "investing": -218300000, "financing": -1860900000, "capitalSpending": 166000000, "free": 1812500000, "trend": [ { "fiscalYearEnd": "2022-07-02", "operating": 853200000, "free": 759300000 }, { "fiscalYearEnd": "2023-07-01", "operating": 975200000, "free": 791000000 }, { "fiscalYearEnd": "2024-06-29", "operating": 1255600000, "free": 1146700000 }, { "fiscalYearEnd": "2025-06-28", "operating": 1216600000, "free": 1093900000 }, { "fiscalYearEnd": "2026-06-27", "operating": 1978500000, "free": 1812500000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-06-27", "cash": 974700000, "shortTerm": 177300000, "longTerm": 0, "equityHoldings": null, "totalAssets": 6691700000, "ladder": null, "currentRatio": 1.75, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }