Tapestry revenue seen rising 5.5% in Q2
Tapestry’s revenue for Q2 is expected to have risen 5.5% YoY to about $1.7 billion, marking its second-fastest growth rate in three years, according to LSEG estimates. The gains were driven largely by its Coach brand, which likely posted nearly 11% growth and accounted for 82% of revenue in the first nine months of the fiscal year. Coach’s popularity among younger shoppers, particularly for styles like the Tabby and Brooklyn Bag, has helped the New York-based company outperform rivals amid inflation and tariff pressures.