| Balance Sheets | 2025-09-27 | 2025-03-29 | 2024-12-28 | 2024-09-28 |
|---|---|---|---|---|
| Cash and cash equivalents | 719,500 | 1,037,700 | 983,400 | 6,462,900 |
| Short-term investments | 23,700 | 19,300 | 19,600 | 842,300 |
| Trade accounts receivable, less allowances for credit losses of 5.8 and 5.7, respectively | 289,500 | 255,800 | 297,400 | 279,000 |
| Inventories | 1,018,600 | 873,500 | 937,300 | 1,030,800 |
| Income tax receivable | 321,200 | 276,400 | 267,200 | 262,800 |
| Prepaid expenses | 142,900 | 132,900 | 158,400 | 175,000 |
| Other current assets | 105,300 | 92,100 | 108,700 | 92,700 |
| Assets held for sale | 0 | 173,700 | - | - |
| Total current assets | 2,620,700 | 2,861,400 | 2,772,000 | 9,145,500 |
| Property and equipment, net of accumulated depreciation of 1,236.2 and 1,215.0, respectively | 487,500 | 485,200 | 498,400 | 513,000 |
| Operating lease right-of-use assets | 1,394,900 | 1,231,800 | 1,237,400 | 1,293,600 |
| Goodwill | 975,400 | 1,215,800 | 1,204,800 | 1,232,000 |
| Total | - | 21,300 | 40,500 | - |
| Indefinite-lived intangible assets (excluding goodwill), trademarks and trade names | - | 1,309,800 | 1,309,800 | - |
| Intangible assets | 718,800 | 1,331,100 | 1,350,300 | 1,352,000 |
| Deferred income taxes | 33,100 | 43,300 | 42,800 | 47,000 |
| Other assets | 132,900 | 137,600 | 146,200 | 145,800 |
| Total assets | 6,363,300 | 7,306,200 | 7,251,900 | 13,728,900 |
| Accounts payable | 495,500 | 393,300 | 513,800 | 544,000 |
| Accrued liabilities | 657,900 | 584,400 | 650,000 | 708,600 |
| Current portion of operating lease liabilities | 308,600 | 280,600 | 283,800 | 297,800 |
| Current debt | 256,800 | 319,900 | 303,400 | 303,400 |
| Liabilities held for sale | 0 | 49,700 | - | - |
| Total current liabilities | 1,718,800 | 1,627,900 | 1,751,000 | 1,853,800 |
| Long-term debt | 2,378,600 | 2,377,100 | 2,377,400 | 7,008,300 |
| Long-term operating lease liabilities | 1,255,300 | 1,130,100 | 1,142,000 | 1,196,000 |
| Deferred income taxes | 151,200 | 286,200 | 273,500 | 247,000 |
| Other liabilities | 459,900 | 391,100 | 371,500 | 441,900 |
| Total liabilities | 5,963,800 | 5,812,400 | 5,915,400 | 10,747,000 |
| Common stock (authorized 1.00 billion shares 0.01 par value per share) issued and outstanding - 205.7 million and 208.1 million shares, respectively | 2,100 | 2,100 | 2,100 | 2,300 |
| Additional paid-in-capital | 3,989,000 | 3,585,400 | 3,482,800 | 3,789,000 |
| Retained earnings (accumulated deficit) | -3,363,500 | -1,913,500 | -1,991,800 | -617,000 |
| Accumulated other comprehensive income (loss) | -228,100 | -180,200 | -156,600 | -192,400 |
| Total stockholders' equity | 399,500 | 1,493,800 | 1,336,500 | 2,981,900 |
| Total liabilities and stockholders' equity | 6,363,300 | 7,306,200 | 7,251,900 | 13,728,900 |
TAPESTRY, INC. (TPR)
TAPESTRY, INC. (TPR)