Tapestry Beats Q4 Estimates, Raises Dividend 16%, and Initiates FY27 Outlook
TPR sits 61% above its 52-week low of $92.62.
Summary
Tapestry reported strong Q4 and full-year fiscal 2026 results, beating expectations, and provided fiscal 2027 guidance along with a 16% dividend increase and $1.35B buyback plan.
Key Events · Earnings and Guidance · TPR
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Q4 Revenue and EPS Beat
Q4 net sales rose 9% to $1.88B; non-GAAP EPS of $1.32 beat expectations by 28% year-over-year.
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Full-Year Performance
Fiscal 2026 revenue reached $8.0B, up 14%, with non-GAAP EPS of $7.05, up 38%.
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Fiscal 2027 Outlook
Company initiated guidance for revenue of $8.4-8.5B and EPS of $7.80-7.90, implying low-double-digit growth.
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Dividend Increase
Board approved a 16% dividend increase to $0.4625 per share quarterly, payable September 21, 2026.
Analysis · TPR · Manufacturing
Tapestry delivered a strong fiscal Q4 with revenue up 9% to $1.88B and non-GAAP EPS up 28% to $1.32, beating expectations. The company achieved its Investor Day targets two years ahead of plan, driven by 15% growth at Coach. Management initiated fiscal 2027 guidance for mid-single-digit revenue growth and low-double-digit EPS growth, and announced a 16% dividend increase along with a $1.35B share repurchase plan. The results and outlook reinforce the company's momentum and capital return commitment.
At the time of this filing, TPR was trading at $149.01 on NYSE in the Manufacturing sector, with a market capitalization of approximately $31.1B. The 52-week trading range was $92.62 to $164.80. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.