TPR Posts Q1 FY2027 Revenue of $1.894B, Raises Full-Year EPS Outlook to $8.25–$8.35
· The NYC Memo
Tapestry, Inc. reported fiscal Q1 2027 net sales of $1.894 billion, up 11% year-over-year, with Coach brand revenue rising 16% to $1.661 billion and Greater China revenue surging 43% to $385 million. GAAP diluted EPS came in at $1.76, up 38% year-over-year, while non-GAAP diluted EPS reached $1.82, up 32%. The company raised its full-year FY2027 revenue guidance to $8.5–$8.6 billion and non-GAAP diluted EPS guidance to $8.25–$8.35, up from the prior range of $7.80–$7.90, and increased planned capital returns to approximately $2.0 billion.