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Benzinga
Benzinga
Business
Akanksha Bakshi

Coach Parent Tapestry Targets Gen Z, Margin Expansion And Buybacks Through 2028

Coach

Tapestry Inc. (NYSE: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.

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