Tapestry, Inc. Kate Spade — Selling, general and administrative expenses decreased by 22.1% to $158.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $163.20M to $158.20M. Over 2 years (FY 2023 to FY 2025), Kate Spade — Selling, general and administrative expenses shows an upward trend with a 41.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses relative to sales may indicate inefficiency or aggressive investment in marketing and store expansion.
Operating expenses incurred to support the segment's daily business activities, including marketing, store operations, c...
Standard operating expense metric across the retail industry used to calculate operating margins.
tpr_segment_kate_spade_selling_general_and_administrative_expenses| Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $196.28M | $196.28M | $196.28M | $196.28M | $184.65M | $184.65M | $184.65M | $184.65M | $162.60M | $205.60M | $163.20M | $1.04B | $161.20M | $203.10M | $158.20M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -5.9% | +0.0% | +0.0% | +0.0% | -11.9% | +26.4% | -20.6% | +534.7% | -84.4% | +26.0% | -22.1% |
| YoY Change | — | — | — | — | -5.9% | -5.9% | -5.9% | -5.9% | -11.9% | +11.3% | -11.6% | +461.0% | -0.9% | -1.2% | -3.1% |