India, Aug. 13 -- While reporting financial results for the fourth quarter on Thursday, Tapestry, Inc. (TPR) initiated its earnings and revenue guidance for the first quarter and for the full-year 2027.
For the first quarter, the company expects earnings of about $1.55 per share on revenue growth in the high-single digits on a nominal and constant currency basis.
For fiscal 2027, the company now projects earnings in a range of $7.80 to $7.90 per share on revenues between $8.4 billion and $8.5 billion.
The company said the outlook is consistent with the Company's long-term commitment to deliver mid-single-digit revenue growth and low-double-digit earnings per share growth.
Tapestry expects to buy back approximately $1.35 billion in commo...