TPR · 8-K · 20261105PR042034

Capital Expenditures

TAPESTRY, INC. · 2026-11-05 · Importance 51 · Surprise 38

Capital expenditures and Cloud Computing implementation costs totaled $55 million in the fiscal first quarter, compared with $38 million a year earlier, an increase of approximately 45%. The company’s Fiscal 2027 outlook includes $300 million of CapEx and Cloud Computing costs, approximately 3% to 4% of expected revenue. Adjusted free cash flow guidance was approximately $1.7 billion and was unchanged from prior guidance.

Key facts

• Tapestry's CapEx and Cloud Computing implementation costs were $55 million in fiscal Q1 2027, compared with $38 million a year earlier. source