Tapestry stock at 120.90 euros; company raises fiscal outlook

Published on 11/13/2026 at 00:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tapestry stock traded on Lang & Schwarz late Thursday as the company raised its fiscal 2027 outlook. Coach growth led the quarter while Kate Spade sales declined.

Outlook rises after strong quarter

Fiscal first-quarter revenue increased 11 percent to 1.894 billion US dollars, or 12 percent on a pro forma basis.
Coach revenue grew 16 percent, while Kate Spade revenue declined 10 percent.
Tapestry raised its fiscal 2027 revenue and adjusted earnings outlook.

Tapestry Inc., US8760301072, Illustration mit AI erstellt.

Tapestry, Inc. raised its fiscal 2027 outlook after reporting first-quarter results for the period ended September 26, 2026. The company said in its November 5 SEC filing that revenue rose 11 percent to 1.894 billion US dollars, or 12 percent on a pro forma basis excluding the prior-year contribution from Stuart Weitzman.

Tapestry stock traded at 120.90 euros on Lang & Schwarz at 23:00 CET on Thursday, November 12, 2026. The quote was 0.95 euros above the previous close, a 0.79 percent change based on the licensed market quote.

Coach leads brand performance

Coach revenue increased 16 percent to 1.661 billion US dollars in the quarter. Kate Spade revenue fell 10 percent to 233 million US dollars, leaving the two core brands on different growth paths.

Regional performance was broad based. Revenue rose 43 percent in Greater China, 20 percent in Europe and 26 percent in other Asian markets, while North American revenue increased 4 percent on a pro forma basis.

Higher guidance sets next marker

Tapestry raised its fiscal 2027 revenue outlook to approximately 8.5 billion to 8.6 billion US dollars, compared with the previous range of 8.4 billion to 8.5 billion US dollars. The company now expects adjusted diluted earnings per share of 8.25 to 8.35 US dollars, up from 7.80 to 7.90 US dollars, and operating-margin expansion of approximately 100 basis points.

The company expects second-quarter revenue growth of approximately 5 to 6 percent on a constant-currency basis and adjusted diluted earnings per share of approximately 3.05 US dollars. Fiscal second-quarter results are expected on February 4, 2027.

Global fashion brand portfolio

Tapestry is a global house of accessories and lifestyle brands built around Coach and Kate Spade New York. Coach offers handbags and other fashion products, while Kate Spade New York sells handbags, ready-to-wear, jewelry, footwear, gifts and home products. The company combines direct-to-consumer stores, digital channels and wholesale distribution across North America, Europe and Asia.