TAPESTRY, INC.
For the period ended Sep 26, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 26, 2026 · Filed Nov 5, 2026
TPR$135.62-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| September 26,2026 | September 27,2025 | |
| (millions, except per share data) | ||
| (unaudited) | ||
| Net sales | $1,894 | $1,705 |
| Cost of sales | 406 | 404 |
| Gross profit | 1,488 | 1,301 |
| Selling, general and administrative expenses | 1,064 | 973 |
| Operating income (loss) | 424 | 328 |
| Interest expense, net | 13 | 13 |
| Other expense (income) | — | (4) |
| Income (loss) before provision for income taxes | 411 | 319 |
| Provision (benefit) for income taxes | 51 | 44 |
| Net income (loss) | $360 | $275 |
| Net income (loss) per share: | ||
| Basic | $1.81 | $1.32 |
| Diluted | $1.76 | $1.28 |
| Shares used in computing net income (loss) per share: | ||
| Basic | 199.3 | 207.6 |
| Diluted | 204.5 | 215.5 |
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