Tapestry, parent company of Coach and Kate Spade, reported Q1 FY26 revenue of $1.7bn, up 13% YoY. Net income reached $275m, EPS was $1.28. Gross profit was $1.3bn with a 76.3% margin. Operating income was $328m, a 19.3% margin. Tapestry added 2.2 million new customers, raised FY26 guidance, and declared a $0.40 per share dividend. CEO Joanne Crevoiserat highlighted a strong start and raised outlook.

Read more at Yahoo Finance: Tapestry lifts outlook as Q1 FY26 sales rise 13% to $1.7bn