Core Insights - Tapestry's stock has increased by 87% over the past year, driven by a balanced approach of emotional appeal and data-driven execution in its business strategy [2][5] Financial Performance - In Q2 FY2026, Coach generated $2.14 billion in revenue, reflecting a 25% year-over-year increase, with growth attributed to both higher average unit retail prices and increased sales volume [3] - Non-GAAP EPS for Q2 was $2.69, exceeding expectations by 20%, while revenue surpassed estimates by 8% at $2.50 billion [5] - The operating margin reached 28.8%, and the full-year EPS guidance is projected to be between $6.40 and $6.45 [5] Customer Acquisition - Tapestry acquired over 3.7 million new customers globally in Q2, with Gen Z making up approximately one-third of this new customer base, indicating a strong focus on younger consumers [4][5] Geographic Growth - Revenue growth was notable across different regions, with Greater China increasing by 34% in constant currency, Europe by 22%, and North America by 17% during the quarter [4]