<div id="readability-page-1">10:10 AM EST, 02/05/2026 (MT Newswires) -- Tapestry (TPR) and Ralph Lauren ( RL ) raised their full-year revenue expectations on Thursday as the luxury fashion companies recorded better-than-expected results in the holiday quarter.Coach and Kate Spade operator Tapestry now anticipates adjusted revenue of more than $7.75 billion for fiscal 2026, up from its previous outlook of around $7.3 billion. Adjusted earnings are pegged at $6.40 to $6.45 per share versus the prior guidance of $5.45 to $5.60. The current consensus on FactSet is for non-GAAP EPS of $5.68 on sales of $7.4 billion.&#34;We are raising our full-year guidance, incorporating our (second-quarter) outperformance and a stronger second-half outlook,&#34; Chief Financial Officer Scott Roe said during an earnings call, according to a FactSet transcript.Shares of the company gained 7.6% in Thursday trade.For the quarter ended Dec. 27, Tapestry's adjusted EPS jumped to $2.69 from $2 a year earlier as net sales climbed 14% to $2.5 billion. The Street's view was for non-GAAP EPS of $2.22 and revenue of $2.32 billion.Revenue in the Coach brand advanced 25% to $2.14 billion, while Kate Spade slipped 14% to $360 million. The company recorded revenue gains across all markets it operates in, except for Japan where sales declined 9% year over year.Separately, Ralph Lauren ( RL ) said it now expects revenue to increase by high-single to low-double digits on a constant currency basis for fiscal 2026, up from its prior guidance for 5% to 7% growth. Analysts polled by FactSet estimate sales of $7.81 billion. The company expects fourth-quarter revenue to increase by a mid-single digit.The luxury apparel maker's third-quarter adjusted EPS improved to $6.22 from $4.82 the year before, while revenue rose 12% to $2.41 billion, topping Wall Street's views for $5.82 and $2.31 billion, respectively. For the ongoing quarter, Ralph Lauren ( RL ) expects constant currency revenue to increase by about mid-single digits.Comparable sales increased 9%, driven by gains in North America and Asia.&#34;This holiday season, our teams delivered strong, high-quality growth across geographies and consumer segments, enabling accelerated investment in our long-term strategic priorities and brand elevation,&#34; CEO Patrice Louvet said in a statement.Ralph Lauren's ( RL ) stock fell 4.5% intraday.Price: 129.92, Change: +2.89, Percent Change: +2.28 MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

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Tapestry and Ralph Lauren have raised their full-year revenue forecasts following strong holiday quarter results. Tapestry now expects over $7.75 billion in adjusted revenue for fiscal 2026, up from $7.3 billion, with adjusted earnings projected at $6.40 to $6.45 per share. Ralph Lauren anticipates revenue growth of high-single to low-double digits, an increase from the previous 5% to 7%. Tapestry's adjusted EPS rose to $2.69, while Ralph Lauren's improved to $6.22. Tapestry's shares rose 7.6%, while Ralph Lauren's stock fell 4.5%.

Tapestry, Ralph Lauren Lift Sales Outlook Following Holiday-Quarter Beat