Tapestry (TPR) Proxy filing summary

Executive summary

• Achieved $8.0B in annual revenue for FY26, up 14% year-over-year, with 17% global sales growth and 23% growth at Coach.

• Operating margin rose to 23.4%, EPS reached $7.05 (up 38%), and $1.9B in free cash flow was generated.

• Returned $1.7B to shareholders via dividends and share repurchases; acquired 11M new customers, led by Gen Z.

• Amplify strategy focused on emotional consumer connections, innovation, global growth, and people development.

• FY27 outlook projects mid-single-digit revenue growth, continued margin expansion, and double-digit EPS growth.

Voting matters and shareholder proposals

• Election of 11 directors, all currently serving, for one-year terms.

• Ratification of Deloitte & Touche LLP as independent auditor for FY27.

• Advisory vote on executive compensation (say-on-pay).

• Advisory stockholder proposal to permit action by less than unanimous written consent; Board makes no recommendation.

Board of directors and corporate governance

• 10 of 11 director nominees are independent; average tenure 5.2 years, average age 57.6.

• Board committees (Audit, HR, Governance/Nominations) are fully independent.

• Annual board, committee, and director evaluations; robust succession planning and ongoing director education.

• Board structure separates Chair and CEO roles; strong focus on diversity and relevant expertise.

• Proxy access bylaw, majority vote standard, and annual director elections.