Filing Flows › Tapestry (TPR) › Guidance history
Tapestry (TPR) guidance history: what it guided and what it reported
Tapestry gave guidance in 13 earnings releases on file since Feb 8, 2024. Of 4 guided periods since reported, it met or beat its own guidance 3 times (75%). Revenue: 2 of 2, on average +0.8% against the guided midpoint. Its releases raised guidance 8 times and lowered it 5 times.
Revenue
Met or beat 2 of 2 periods (0 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $8.4B–$8.5B (Aug 13, 2026) | — | to be reported | — |
| FY26 | $7.2B (Aug 14, 2025) → raised $7.3B (Nov 6, 2025) → raised $7.8B (Feb 5, 2026) → raised $8.0B (May 7, 2026) | $8.0B | within the range | +0.7% |
| FY25 | $6.8B (Feb 6, 2025) → raised $7.0B (May 8, 2025) | $7.0B | within the range | +0.9% |
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | 75.5% (Feb 5, 2026) → raised 76.9% (May 7, 2026) | — | — | — |
| FY25 | 74.7% (May 8, 2025) | — | — | — |
Tax rate
Met or beat 1 of 2 periods (1 above, 0 within, 1 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | 18.5% (Aug 13, 2026) | — | to be reported | — |
| FY26 | 18.0% (Aug 14, 2025) → reaffirmed 18.0% (Nov 6, 2025) → lowered 17.0% (Feb 5, 2026) → raised 17.5% (May 7, 2026) | 17.9% | above the range | +0.4 pts |
| FY25 | 19.0% (Aug 15, 2024) → reaffirmed 19.0% (Nov 7, 2024) → lowered 17.0%–18.0% (Feb 6, 2025) → reaffirmed 17.5% (May 8, 2025) | 15.2% | below the range | -2.3 pts |
| Q4 FY24 | 20.0% (May 9, 2024) | — | — | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $55.0M (Aug 13, 2026) | — | to be reported | — |
| FY26 | $65.0M (Aug 14, 2025) → reaffirmed $65.0M (Nov 6, 2025) → reaffirmed $65.0M (Feb 5, 2026) → lowered $60.0M (May 7, 2026) | — | — | — |
| FY25 | $35.0M (Feb 6, 2025) → lowered $25.0M (May 8, 2025) | — | — | — |
| Q4 FY24 | $12.0M (May 9, 2024) | — | — | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $3.05 (Nov 5, 2026) | — | to be reported | — |
| FY26 | $5.30–$5.45 (Aug 14, 2025) → raised $5.45–$5.60 (Nov 6, 2025) → raised $6.40–$6.45 (Feb 5, 2026) → raised $6.95 (May 7, 2026) | — | — | — |
| FY25 | $4.50–$4.55 (Nov 7, 2024) | — | — | — |
GAAP EPS
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $7.27 (Aug 13, 2026) | — | to be reported | — |
The latest quarter
Tapestry, Q1 FY27: revenue $1.9B (+11% year over year), operating margin 22.4%, net earnings $360M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.
Questions
Does Tapestry beat its guidance?
Tapestry gave guidance in 13 earnings releases on file since Feb 8, 2024. Of 4 guided periods since reported, it met or beat its own guidance 3 times (75%). Revenue: 2 of 2, on average +0.8% against the guided midpoint.
How often does Tapestry raise guidance?
Its earnings releases raised guidance 8 times and lowered it 5 times since Feb 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.