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Tapestry, Inc. TPR Kate Spade — Foreign exchange impact

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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$29.58B+66.7%
Enterprise value$32.47B+57.9%
P/E21.4×+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:GoodwillForeignCurrencyTranslationGainLoss.

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 — foreign exchange impact?
Tapestry, Inc. (TPR) reported kate spade — foreign exchange impact of -$1.1M in Q1 2026.
How has Tapestry, Inc.'s kate spade — foreign exchange impact changed year-over-year?
Tapestry, Inc.'s kate spade — foreign exchange impact decreased by 161.1% year-over-year, from $1.8M to -$1.1M.
What is the long-term trend for Tapestry, Inc.'s kate spade — foreign exchange impact?
Over 3 years (2022 to 2025), Tapestry, Inc.'s kate spade — foreign exchange impact has grown at a -23.8% compound annual growth rate (CAGR), from -$8.6M to $3.8M.
What does kate spade — foreign exchange impact mean?
The financial effect of fluctuations in currency exchange rates on the segment's reported revenue and expenses. This highlights the sensitivity of the brand's international operations to global macroeconomic volatility.