finance.yahoo.com

Tapestry Sees FY2027 Margin Gain but Faces Tariff and Kate Spade Pressure

Tapestry logoTapestry
Sig1.75Sen-1.30Env0.00Soc0.00Gov0.00

Tapestry expects fiscal 2027 revenues of $8.4–$8.5 billion, with mid-single-digit growth as revenue momentum moderates. Management projects Coach revenues to rise at a high-single-digit rate while Kate Spade declines at a high-single-digit rate. It targets about 50 basis points of operating margin expansion, but expects another modest operating loss as tariffs, higher marketing, and ongoing Kate Spade losses limit cushion.

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