TAPESTRY, INC.
For the period ended Jun 27, 2026. Filed Aug 13, 2026.
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FY2026 · Filed Aug 13, 2026
TPR$136.07+2.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Fiscal Year Ended | |||
|---|---|---|---|
| June 27,2026 | June 28,2025 | June 29,2024 | |
| (millions, except per share data) | |||
| Net sales | $8,004.2 | $7,010.7 | $6,671.2 |
| Cost of sales | 1,775.2 | 1,721.8 | 1,781.7 |
| Gross profit | 6,229.0 | 5,288.9 | 4,889.5 |
| Other selling, general and administrative expenses | 4,314.6 | 4,019.1 | 3,749.4 |
| Impairment of goodwill and intangible assets | — | 854.8 | — |
| Operating income (loss) | 1,914.4 | 415.0 | 1,140.1 |
| Loss on extinguishment of debt | — | 120.1 | — |
| Interest expense, net | 55.2 | 85.4 | 125.0 |
| Other expense (income) | (1.4) | (6.6) | 3.2 |
| Income (loss) before provision for income taxes | 1,860.6 | 216.1 | 1,011.9 |
| Provision (benefit) for income taxes | 332.9 | 32.9 | 195.9 |
| Net income (loss) | $1,527.7 | $183.2 | $816.0 |
| Net income (loss) per share: | |||
| Basic | $7.49 | $0.84 | $3.56 |
| Diluted | $7.27 | $0.82 | $3.50 |
| Shares used in computing net income (loss) per share: | |||
| Basic | 204.0 | 216.8 | 229.2 |
| Diluted | 210.2 | 222.5 | 233.2 |
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