financetom
Business
financetom
/
Business
/
Coach Parent Tapestry Targets Gen Z, Margin Expansion And Buybacks Through 2028
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Coach Parent Tapestry Targets Gen Z, Margin Expansion And Buybacks Through 2028
Sep 10, 2025 6:12 AM

Tapestry Inc. ( TPR ) , the owner of Coach and Kate Spade, outlined its long-term growth strategy on Wednesday at its 2025 Investor Day in New York. The plan, called Amplify, focuses on increasing revenue, expanding margins, and boosting shareholder returns through 2028.

The company expects mid-single-digit annual revenue growth and low double-digit earnings per share gains in fiscal years 2027 and 2028. It also pledged to return $4 billion to shareholders during the three-year period through dividends and buybacks.

CEO Joanne Crevoiserat said the strategy is designed to attract younger consumers, strengthen brand loyalty and expand internationally. "Our innovation, creativity, and brand-building capabilities will deliver significant value," she said.

Also Read: Coach Parent Tapestry Navigates Tariff Pressures With Strong Core Business

Scott Roe, Chief Financial Officer and Chief Operating Officer, said operating margins are projected to rise above 22% by fiscal 2028, an increase of more than 200 basis points from 2025. He added that disciplined capital allocation will support long-term shareholder value.

Tapestry announced a new $3 billion share repurchase authorization and plans to maintain an annual dividend of $1.60 per share in fiscal 2026. Growth is expected to track earnings through 2028.

By brand, Coach is forecast to achieve steady mid-single-digit revenue growth and expand margins, with longer-term goals of reaching $10 billion in sales. Kate Spade is expected to return to profitable revenue growth in fiscal 2027 and accelerate further in 2028.

The company reaffirmed its fiscal 2026 outlook, which assumes current U.S. trade policies, stable consumer confidence and no significant inflationary pressures. The guidance excludes costs tied to the sale of Stuart Weitzman and restructuring initiatives.

Investors can gain sector exposure through the Consumer Discretionary Select Sector SPDR Fund ( XLY ) and the SPDR S&P Retail ETF ( XRT ) , both of which track trends in consumer spending.

Price Action: At last check Wednesday, TPR shares were trading higher by 0.49% to $105.70 premarket.

Read Next:

Klarna Raises $1.37 Billion In US IPO, Sets Stage For Fintech Listings Revival: Oversubscribed 25x, But Valuation Slumps 66% From 2021 Peak

Image via Shutterstock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nuvini Group Announces Launch of NuviniAI Index
Nuvini Group Announces Launch of NuviniAI Index
Sep 24, 2025
NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Nuvini Group Limited (“Nuvini” or the “Company”), a leading technology conglomerate in the Latin American SaaS sector, today announced the launch of the NuviniAI Index, a showcase and performance tracker of AI-driven tools designed to assess the level of AI adoption in organizations through an objective questionnaire. The initiative aims to drive...
Viper Partners Represents Park Avenue Med Spa in Partnership with AYA Skin
Viper Partners Represents Park Avenue Med Spa in Partnership with AYA Skin
Sep 24, 2025
NORTH PALM BEACH, Fla.--(BUSINESS WIRE)-- Viper Partners, a leading healthcare-focused M&A advisory firm, is pleased to announce that it has represented Park Avenue Medical Spa in its strategic transaction with AYA Skin. The partnership marks a significant milestone in AYA Skin’s continued expansion and growth strategy within the rapidly evolving aesthetics market. Park Avenue Medical Spa, known for its patient-focused...
Ignite Reading Acquires Esteam to Help Human Tutors Leverage AI for Personalized Reading Instruction
Ignite Reading Acquires Esteam to Help Human Tutors Leverage AI for Personalized Reading Instruction
Sep 24, 2025
Acquisition accelerates Ignite Reading's vision of delivering differentiated literacy instruction to every student, every day as the path to solving the nation's literacy crisis SAN FRANCISCO, Sept. 24, 2025 /PRNewswire/ -- Ignite Reading, a Science of Reading-based virtual tutoring program serving students in 22 states nationwide, today announced its acquisition of Esteam, an innovative AI-driven education startup. The acquisition strengthens...
LG Innotek Acquires Large-scale Funding from IFC
LG Innotek Acquires Large-scale Funding from IFC "Proof of World-leading ESG Management"
Sep 24, 2025
Successful funding of USD 200 million, to be utilized for expansion of production facility in VietnamSpotlighting of outstanding ESG management metrics' recognition by global institution with stringent standards SEOUL, South Korea, Sept. 24, 2025 /PRNewswire/ -- LG Innotek (CEO Moon Hyuksoo) announced on 24th September the successful acquisition of large-scale funding from the International Finance Corporation (IFC) in recognition of its outstanding...
Copyright 2023-2026 - www.financetom.com All Rights Reserved