Tapestry (TPR) FQ2 2026 Revenue Rises 14% to Record $2.5B Led by 25% Coach Growth

Tapestry Inc. (NYSE:TPR) is 1 of the best multibagger stocks to put successful according to billionaires. On February 5, Tapestry delivered record-breaking show successful FQ2 2026, with full gross rising 14% to $2.5 billion. On a pro forma ground (which excludes results from the precocious divested Stuart Weitzman brand), gross grew 18%, led by a almighty 25% summation astatine the Coach brand. This was fueled by vacation request and the company’s Amplify strategy, which helped get implicit 3.7 cardinal caller customers globally, a 3rd of whom are Gen Z.

The company’s beardown currency travel generation, reaching $1.04 cardinal successful adjusted escaped currency travel for the quarter, has allowed the institution to summation its planned instrumentality to shareholders. Tapestry Inc. (NYSE:TPR) present expects to instrumentality $1.5 cardinal successful FY2026 done dividends and stock repurchases, up from the erstwhile outlook of $1.3 billion. This includes a $1.2 cardinal stock buyback program, an summation of $200 cardinal implicit anterior guidance.

Pixabay/Public Domain

Looking ahead, Tapestry has raised its full-year FY2026 outlook crossed each cardinal metrics. The institution present expects yearly gross to transcend $7.75 cardinal and diluted EPS to scope betwixt $6.40 and $6.45, representing maturation of implicit 25% compared to the anterior year. This updated guidance reflects management’s assurance successful the Coach brand’s momentum and the company’s quality to support precocious margins contempt planetary commercialized and inflationary pressures.

Tapestry Inc. (NYSE:TPR) provides accessories and manner marque products successful North America, Greater China, the remainder of Asia, and internationally. The institution operates successful 3 segments: Coach, Kate Spade, and Stuart Weitzman.

While we admit the imaginable of TPR arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey connected Google News.