Tapestry shares rise 6.33% after-hours on strong Q2 earnings and raised FY26 guidance.

Tapestry Inc. (NYSE:TPR) surged 6.33% in after-hours trading following the release of robust second-quarter fiscal 2026 results, which included record revenue of $2.5 billion—a 14% year-over-year increase—and earnings per share of $2.69, exceeding estimates of $2.19. The company also raised its full-year outlook for revenue, operating margin, and EPS while increasing its stock buyback authorization to $1.2 billion. These strong performance metrics and capital return enhancements bolstered investor confidence, driving the post-market rally. The move aligns with the company’s broader momentum, as shares have risen 17.7% year-to-date and reached a 52-week high.