Tapestry beats Q3 earnings estimates, raises full-year revenue and margin guidance.

Tapestry Inc reported better-than-expected earnings of $1.66 per share and revenue of $1.92 billion for Q3, surpassing analyst forecasts. The company raised its full-year fiscal 2026 revenue outlook to about $7.95 billion, expecting 14% growth and a 23% operating margin, up 300 basis points from last year. This strong performance is credited to Tapestry's Amplify strategy, and the company plans to return $1.6 billion to shareholders. Despite the positive results and outlook, shares fell nearly 11%, likely due to profit-taking after a recent stock price surge.