Coach brand drives Tapestry's strong Q1 results

Tapestry, Inc., the house of iconic accessories and lifestyle brands including Coach and Kate Spade, reported a strong start to its fiscal 2026 with first-quarter outperformance that surpassed revenue and earnings expectations. The company achieved 13 percent net sales growth to 1.70 billion dollars and saw non-GAAP earnings per diluted share jump 35 percent to 1.38 dollars, up from 1.02 dollars in the prior year.