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Tapestry, Inc. TPR Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

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AST SpaceMobileASTS
$0+100%
EquipmentShare.com, Inc. logo
EquipmentShare.com, Inc.EQPT
-$2M
NexPoint Real Estate Finance logo
NexPoint Real Estate FinanceNREF
-$2.13M-1,114%
Tapestry, Inc. logo
Tapestry, Inc.TPR
$0
Golub Capital logo
Golub CapitalGBDC
$0
KEE
Keel InfrastructureKEEL
-$21.6M

Other financials

Income statement

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Revenue$1.9B+21.2%
Gross profit$1.5B+22.4%
Operating income$427.5M+68.5%
Net income$343.8M+69.1%
EPS (diluted)$1.65+73.7%

Balance sheet

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Cash & equivalents$1.0B+0.8%
Total debt$3.9B-4.5%
Total equity$682.4M-54.3%
Total assets$6.5B-11.5%

Cash flow

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Operating cash flow$262.6M+82.0%
CapEx$36.8M+19.1%
Free cash flow$225.8M+99.1%

Valuation

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Market cap$32.16B+38.1%
Enterprise value$35.05B+34.3%
P/E23.3×+6.3×
P/S4.1×+0.8×

Profitability

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Gross margin76.2%+1.1pp
Operating margin17.9%+0.3pp
Net margin12.5%-0.7pp
FCF margin22.4%+9.4pp

Returns & leverage

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Return on equity40.3%+5.3pp
Debt / equity5.8×+3.0×
Current ratio1.8×+0.1×

Where this comes from

Reported directly by Tapestry, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Tapestry, Inc.’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 6:50 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001116132-26-000011
Line itemThree Months Ended / March 28,2026Three Months Ended / March 29,2025Nine Months Ended / March 28,2026Nine Months Ended / March 29,2025
Gross profit1,476.51,205.84,665.43,973.8
Selling, general and administrative expenses1,049.0952.13,193.32,975.3
Operating income (loss)427.5253.71,472.1998.5
Loss on extinguishment of debt120.1
Interest expense, net13.115.443.370.6
Other expense (income)(1.6)(0.8)(3.0)(2.3)
Income (loss) before provision for income taxes416.0239.11,431.8810.1
Provision (benefit) for income taxes72.235.8251.9109.8

ITEM 6. [Exhibits](#i74a08e11caf74877aad730a23b1a78db_127) [50](#i74a08e11caf74877aad730a23b1a78db_127)

FAQ

What is Tapestry, Inc.'s gain (loss) on extinguishment of debt?
Tapestry, Inc. (TPR) reported gain (loss) on extinguishment of debt of $0 in Q1 2026.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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