Tapestry’s Stock Drops Despite Strong Q4 | Business and Finance News

Tapestry’s stock tumbled 15% after beating Q4 profit targets but disappointing investors with a cautious outlook for FY27—projecting mid-single-digit revenue growth and low double-digit EPS gains, far below last year’s momentum. While Q4 revenue rose 9% to $1.88B, Coach surged while Kate Spade lagged, with China booming and Japan slipping. The CEO praised the year’s performance and boosted the dividend by 16%, lifting yield—but market nerves over future growth overshadowed the positives, reminding everyone how sensitive stocks are to forward guidance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/07628f54854fe971