Income StatementBalance SheetCash FlowSegments
Tapestry, Inc. logo

Tapestry, Inc. Business Segments

Business, geographic, and product segment breakdowns

Tapestry, Inc. generates $7.9B in annual revenue across 3 key segments: Coach ($6.7B), Kate Spade ($1.1B), and Stuart Weitzman ($220.2M). The company-wide operating margin is 21.98%. Based on the Q1 2026 filing.

Coach (TTM)$6.7BKate Spade (TTM)$1.1BStuart Weitzman (TTM)$220.2M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$26.5B
P/E Ratio19.16
ROE127.12%

Products & Services

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accessories$452.3M$452.3M$452.3M———
Footwear$153.2M$153.2M$153.2M———
Handbags$961.6M$961.6M$961.6M———

Percentage of revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accessories6.5%6.5%6.5%———
Footwear2.2%2.2%2.2%———
Handbags13.7%13.7%13.7%———
Licensing Business0.0%0.0%0.0%1.0%0.0%0.0%
Other2.6%2.6%2.6%———

Costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Shipping and Handling$55.5M$55.5M$55.5M———

Geographic

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
North America$1.5B$951.7M$1.1B$1.1B$1.7B$1.1B
Greater China$272.8M$278.9M$273.9M$271.2M$343.1M$432.2M
Other Asia$254.4M$232.1M$204.7M$199.0M$254.1M$240.2M
Other$154.8M$121.9M$344.3M$156.2M$189.8M$146.5M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Countries$307.0M$307.0M$307.0M———

Long-Lived Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other——$257.7M———

Business Segments

Cost of Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$391.0M$275.0M$305.5M$303.8M$473.4M$362.0M
Kate Spade$142.8M$81.7M$81.0M$93.4M$140.6M$82.1M
Stuart Weitzman$28.5M$22.1M$21.6M$6.9M$0.0$0.0

Foreign exchange impact

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach-$22.0M$9.2M$9.1M-$6.5M-$8.1M-$5.2M
Kate Spade-$5.2M$1.8M$2.5M-$1.4M-$600.0K-$1.1M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$579.2M$588.4M$597.5M$591.0M$582.9M$577.7M
Kate Spade$625.6M$627.4M$385.8M$384.4M$383.8M$382.7M

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$1.7B$1.3B$1.4B$1.4B$2.1B$1.7B
Kate Spade$416.4M$244.9M$252.6M$260.2M$360.0M$219.6M
Stuart Weitzman$69.7M$46.2M—$14.6M$0.0$0.0

Percentage of revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach25.0%25.0%25.0%———
Kate Spade25.0%25.0%25.0%———
Stuart Weitzman25.0%25.0%25.0%———

Selling, general and administrative expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$697.4M$598.4M$671.9M$638.6M$822.5M$743.8M
Kate Spade$205.6M$163.2M$1.0B$161.2M$203.1M$158.2M
Stuart Weitzman$42.2M$29.7M—$8.7M$0.0$0.0

Total Depreciation and amortization expense:

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$22.6M$24.5M$22.1M$21.2M$24.0M$24.5M
Kate Spade$7.2M$7.5M$11.5M$6.9M$6.3M$6.2M
Stuart Weitzman$2.4M$1.4M$200.0K$300.0K$0.0$0.0

Total segment operating profit (loss):

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Coach$620.9M$420.1M$447.7M$487.4M$846.5M$595.2M
Kate Spade$68.0M$0.0-$864.2M$5.6M$16.3M-$20.7M
Stuart Weitzman-$1.0M-$5.6M—-$1.0M$0.0$0.0

Accumulated impairment charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Kate Spade——$244.1M$244.1M$244.1M$244.1M

Impairment charges (excluding goodwill)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Kate Spade$152.7M$152.7M$152.7M$610.7M$0.0$0.0

Other selling, general and administrative expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stuart Weitzman$42.2M$29.7M$25.3M$8.7M$0.0$0.0

Ownership percentage of factory

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stuart Weitzman——50.0%———