Tapestry is trading 10.00% up at $137.60 after fiscal first-quarter results beat estimates and it raised its fiscal 2027 outlook. - Adjusted earnings were $1.82 per share versus $1.56 expected; revenue reached $1.89 billion. Coach sales grew 16%, including a 43% rebound in China. - Full-year adjusted earnings guidance rose to $8.25–$8.35 per share and revenue outlook to $8.5–$8.6 billion; planned share repurchases increased to $1.7 billion. The results and higher guidance were the company-specific catalyst for the November 5 move.