🟢 Tapestry is trading 11.6% up in pre-market after earnings beat and raised fiscal 2027 guidance

Tapestry is trading at $139.83, up 11.58%, in pre-market after fiscal Q1 2027 adjusted earnings beat estimates and management raised guidance. - Adjusted EPS was $1.82 versus the $1.56 analyst estimate; revenue reached $1.9 billion. - Coach revenue grew 16%, with China sales up 43%. - Fiscal 2027 revenue guidance rose to $8.5–$8.6 billion and adjusted EPS guidance to $8.25–$8.35, from $7.80–$7.90 previously; planned share repurchases also increased.