Why Is Tapestry (TPR) Stock Moving Today?
Latest catalyst, August 13, 2026, before the U.S. open: Tapestry closed fiscal 2026 with $8.0 billion of revenue and $7.27 diluted earnings per share, and set out a fiscal 2027 plan to return roughly $1.7 billion to shareholders including a 16% dividend increase.
- Latest catalyst: fiscal 2026 fourth-quarter and full-year results, released August 13, 2026 ahead of the U.S. open.
- Full-year revenue was $8.0 billion with GAAP diluted earnings per share of $7.27.
- Tapestry repurchased about 11.5 million shares during fiscal 2026 at an average of roughly $118, totalling $1.35 billion.
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +15m | +1m % | +15m % | Vol vs normal |
|---|---|---|---|---|---|---|---|
| TPR | 145.25 | 145.25 | 141.89 | 140.22 | -2.31% | -3.46% | — |
Tapestry's move traces to its fiscal 2026 fourth-quarter and full-year results, released on August 13, 2026 ahead of the U.S. open. The owner of Coach and Kate Spade reported $8.0 billion of revenue for the year and diluted earnings per share of $7.27 on a GAAP basis.
| Item | Figure |
|---|---|
| Fiscal 2026 revenue | $8.0 billion |
| Diluted EPS (GAAP) | $7.27 |
| Fiscal 2026 repurchases | $1.35 billion, about 11.5 million shares at roughly $118 |
| Fiscal 2027 capital return plan | About $1.7 billion |
| Of which repurchases | $1.35 billion |
| Dividend increase | 16%, to $0.4625 quarterly |
The capital return plan is the part carrying the signal. Roughly $1.7 billion returned against $8.0 billion of revenue is more than a fifth of annual sales going back to shareholders. Inside that total, the repurchase figure is held flat year over year at $1.35 billion while the dividend rises 16% — and the two are not equivalent commitments. A repurchase can be quietly slowed in a weak quarter; a raised dividend is much harder to walk back, so moving more of the return into the dividend is the more confident of the two choices.
Guidance for fiscal 2027 is mid-single-digit revenue growth with continued operating margin expansion and low-double-digit earnings-per-share growth. The gap between the first and third of those is largely the repurchase doing its work: the same earnings divided across fewer shares.
The release crossed our tape at 10:50 UTC — before the New York open — so no intraday price was available to measure it against at publication. We break down the full fiscal 2026 figures, the dividend timetable and what funds the payout on our Tapestry fiscal 2026 results page.
Sources
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Tapestry FY26 Earnings: $8.0B Revenue, $7.27 EPS
— StockTitan
Fiscal 2026 revenue and EPS, the repurchase detail, the 16% dividend increase and the fiscal 2027 capital return split
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Tapestry, Inc. Reports Fiscal 2026 Fourth Quarter and Full Year Results
— Associated Press via Cadillac News
The fiscal 2027 outlook and the approximately $1.7 billion capital return plan
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