07:30 AM EDT, 09/10/2025 (MT Newswires) -- Tapestry (TPR) said Wednesday it expects non-GAAP diluted earnings per share growth in the low double digits and annual revenue growth in the mid-single digits in fiscal 2027 and 2028.

The projections are part of the company's "Amplify" growth strategy, which includes building emotional connections with consumers, new customer acquisition, fashion innovation, and compelling shopping experiences, the fashion and apparel company said.

The company also said it plans to return $4 billion to shareholders through fiscal year 2028 through dividends and share repurchases.

For fiscal 2026, the company said it continues to expect an annual dividend of $1.60 per share and that it plans to grow its dividend at least in-line with earnings growth, with a payout ratio of about 30% through fiscal 2028.

The company also said it expects to buy back about $3 billion in common stock cumulatively from fiscal 2026 through fiscal 2028.