07:16 AM EST, 02/05/2026 (MT Newswires) -- Tapestry (TPR) reported fiscal Q2 non-GAAP earnings Thursday of $2.69 per diluted share, up from $2.00 a year earlier.

Analysts surveyed by FactSet expected $2.22.

Net sales for the quarter ended Dec. 27 were $2.50 billion, up from $2.20 billion a year earlier.

Analysts polled by FactSet expected $2.32 billion.

The company raised its fiscal 2026 guidance and now expects non-GAAP EPS of $6.40 to $6.45, compared with prior outlook range of $5.45 to $5.60. Analysts surveyed by FactSet expect $5.68.

Fiscal 2026 revenue is now expected to exceed $7.75 billion, compared with $7.3 billion previously. Analysts surveyed by FactSet expect $7.40 billion.

Shares of the company were up 4.8% in recent Thursday premarket activity.