Tapestry reports first-quarter EPS of $1.76

Tapestry reported fiscal 2027 first-quarter revenue of $1.894 billion, up 11% year over year on a reported basis and 12% pro forma. GAAP diluted EPS increased 38% to $1.76, while adjusted diluted EPS rose 32% to $1.82. The company raised its full-year revenue, operating margin and earnings outlook…