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Tapestry, Inc. TPR Kate Spade — Cost of Sales

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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$29.5B+66.7%
Enterprise value$32.39B+57.9%
P/E21.3×+5.8×
P/S3.8×+1.2×

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:CostOfRevenue.

The official record: Tapestry, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tapestry, Inc.'s kate spade — cost of sales?
Tapestry, Inc. (TPR) reported kate spade — cost of sales of $82.1M in Q1 2026.
How has Tapestry, Inc.'s kate spade — cost of sales changed year-over-year?
Tapestry, Inc.'s kate spade — cost of sales increased by 0.5% year-over-year, from $81.7M to $82.1M.
What is the long-term trend for Tapestry, Inc.'s kate spade — cost of sales?
Over 2 years (2023 to 2025), Tapestry, Inc.'s kate spade — cost of sales has grown at a -12.3% compound annual growth rate (CAGR), from $518.8M to $399.1M.
What does kate spade — cost of sales mean?
The direct costs attributable to the production and procurement of the goods sold by the segment, including raw materials, labor, and manufacturing overhead. This is a primary driver of the segment's gross margin.