Tapestry — Aug 13, 2026 release

This outlook is consistent with the Company’s long-term commitment to deliver mid-single-digit revenue growth and low-double-digit EPS growth, as provided at its September 2025 Investor Day. In addition, for the first fiscal quarter of 2027, the Company expects: • Revenue growth of high-single-digits on a nominal and constant currency basis versus prior year pro forma revenue.  Foreign currency is expected to be a 30 basis point benefit to revenue growth in the fiscal quarter; • Earnings per diluted share of approximately $1.55, representing low-teens growth versus prior year. 9 Please note the Company’s non-GAAP outlook: • Excludes the impact of the 53 rd week in Fiscal 2027, which is expected to contribute an additional percentage point to annual revenue growth and have a neutral impact on operating margin for the full fiscal year; • Embeds a mid-20% tariff rate on U.S. inventory receipts in Fiscal 2027, resulting in a neutral net impact from tariffs year-over-year; • Embeds current global tax policies, including the impact of OECD Pillar Two guidance; • Includes foreign currency exchange rates using spot rates at the time of forecast; • Assumes no material worsening of inflationary pressures or consumer confidence. Given the dynamic nature of these and other external factors, financial res