Tapestry Fiscal Q1 Non-GAAP Earnings, Net Sales Rise; Fiscal 2027 Outlook Raised -- Shares Up Pre-Bell

07:16 AM EST, 11/05/2026 (MT Newswires) -- Tapestry (TPR) reported fiscal Q1 non-GAAP earnings Thursday of $1.82 per diluted share, up from $1.38 a year earlier. Analysts polled by FactSet expected $1.56. Net sales for the fiscal quarter ended Sept. 26 were $1.89 billion, up from $1.71 billion a year earlier. Analysts expected $1.85 billion. The company raised its fiscal 2027 EPS guidance to $8.25 to $8.35, up from $7.80 to $7.90 previously, and its revenue guidance to $8.5 billion to $8.6 billion, up from $8.4 billion to $8.5 billion previously. Analysts expect $7.97 and $8.54 billion, respectively. Tapestry shares were up 8% in recent Thursday premarket activity.