US-based Tapestry has raised its fiscal 2027 revenue outlook to $8.5 billion to $8.6 billion after a first-quarter beat, with EPS guidance lifted to $8.25 to $8.35.
Revenue reached $1.89 billion and adjusted EPS was $1.82, ahead of estimates, while Coach sales rose 16 per cent on leather goods demand.
Kate Spade revenue fell 10 per cent as Tapestry works to rebuild the brand.US-based Tapestry has raised its fiscal 2027 revenue outlook to $8.5 billion to $8.6 billion after a first-quarter beat, with EPS guidance lifted to $8.25 to $8.35.
Revenue reached $1.89 billion and adjusted EPS was $1.82, ahead of estimates, while Coach sales rose 16 per cent on leather goods demand.
Kate Spade revenue fell 10 per cent as Tapestry works to rebuild the brand.
Coach sees $10 bn path as Tapestry posts beat-and-raise quarter
