Tapestry Inc. delivered its strongest quarter on record in Q2 fiscal 2026 , reporting revenue of $2.5 billion , a 14% increase versus the prior year. Simultaneously, closing the books on the blocked Capri Holdings merger and completing the divestiture of Stuart Weitzman .
The results mark a new chapter for the New York based house of accessible luxury brands, now operating as a leaner, more focused two brand company built around Coach and Kate Spade New York . The quarter came in well ahead of expectations across
revenue, operating profit, and earnings per share, prompting the company to raise its full year outlook across every key financial metric.
Coach Is the Engine Driving Everything The standout number in the results was Coach , which posted 25% revenue growth in the quarter, an extraordinary result for a brand of its scale and maturity.
Handbag average unit retail prices and unit volumes each grew at a mid teens rate, contributing roughly equally to the brand's momentum and pointing to both stronger pricing power and wider customer reach. Geographically, the brand drove growth across all major markets.
Greater China was the standout region with 34% pro forma constant currency growth, while Europe climbed 22% and North America added 17% . Total direct to consumer revenue grew 17% on a pro forma basis, led by digital growth of approximately 20%…
