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Coach Parent Tapestry Expects to Offset Tariff Costs by 2028, Plans $3 Billion Buyback

Tariffs are set to cost the company about $160 million in fiscal 2026.
Coach Autumn/Winter 2025 Runway Show
Momentum at Coach is set to boost the brand’s sales to about $10 billion in the long run. (Launchmetrics Spotlight)

Tapestry expects to fully mitigate the impact of current US tariffs by fiscal year 2028, executives said at its investor day on Wednesday, as the retailer announced plans to buy back shares worth $3 billion during that period.

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