Tapestry (TPR) reported fiscal Q4 non-GAAP earnings Thursday of $1.32 per diluted share, up from $1.04 a year earlier.

Analysts polled by FactSet expected $1.28.

Net sales for the fiscal quarter ended June 27 were $1.88 billion, up from $1.72 billion a year earlier.

Analysts expected $1.87 billion.

For fiscal 2027, the company expects EPS of $7.80 to $7.90 and revenue of $8.4 billion to $8.5 billion.

Analysts expect $7.79 and $8.47 billion, respectively.

Shares of the company were down 8.1% in recent premarket trading.