Tapestry, Inc.

- The document does not mention any current or planned new fundraising through debt or equity. - Expected net interest expense is about $60 million, reflecting existing debt servicing but no new debt issuance. - The company plans approximately $1.3 billion in share repurchases, indicating returning capital to shareholders rather than raising new equity. - Capital expenditures and IT investments are expected around $200 million but are planned to be funded through existing resources. - No indications of new public or private debt or equity offerings are stated in the provided text.

- Anticipated capital expenditures (CapEx) and cloud computing costs are expected to be around $200 million. - Approximately 60% of this spend is allocated to store openings, renovations, and relocations. - The remaining 40% primarily relates to ongoing IT and digital investments. - Strategic investments include significant marketing spend (approaching $1 billion annually for Coach) to increase brand awareness and support growth. - Continued investment in new store formats, including the expressive luxury design stores and the "One Coach" initiative to enhance consumer experience. - Investment in product innovation pipeline to drive sustained growth. - Focus on operational excellence to improve efficiency and gross margins. - Marketing investments increased about 190 basis points versus last year, focused on brand building and customer acquisition.

- Tapestry targets mid-single-digit revenue growth as a floor, supported by Coach's strong growth (Page 8). - Coach expects continued growth driven by both new customer acquisition and repeat business, especially with Gen Z and future Gen Alpha cohorts (Page 12). - Coach growth guidance for FY '26 is low 20s percentage growth (Page 6). - Coach has a large total addressable market (TAM) with under 1% share, signaling significant runway for adding millions of new customers over the next decade (Page 7, 12). - Growth drivers include higher average unit retail (AUR), unit volume growth, and new door expansions (Page 8). - Innovation, marketing investments, and expanding consumer experiences are core to sustaining growth (Pages 2, 7, 11). - The brand is seeing broad-based growth geographically: North America (+27%), Greater China (+58%), Europe (+27%) (Page 2). - Long-term goal for Coach includes reaching $10 billion in sales with best-in-class margins (Page 8).

- FY '26 EPS guidance: approximately $6.95, reflecting over 35% growth compared to last year. - Operating margin expected around 23%, up about 300 basis points from last year, with continued expansion at Coach. - Mid-single-digit revenue growth at Tapestry level seen as a durable floor, driven by Coach's strong performance. - Coach expected to sustain low 20% growth in FY '26 and beyond, with confidence in hitting $10 billion revenue with best-in-class margins. - Long-term growth driven by new customer acquisition, product innovation, marketing investments, and store/experience enhancements. - EPS growth trajectory targets to deliver Investor Day goals two years ahead of plan (FY '26 vs. original timeline). - Focus remains on durable, mid-single-digit revenue growth with strong margins and free cash flow supporting investments and shareholder returns.

The provided transcript does not explicitly mention current or expected orderbook or pending orders. However, relevant insights related to demand and sales performance include: - Strong customer acquisition with 2 million new customers at Coach in the recent quarter. - Exceptional sales growth and raised guidance for Coach in Q4, reflecting confidence in ongoing demand. - Momentum in key regions: North America (+27%), Greater China (+58%), Europe (+27%). - Product launches (e.g., pink signature, Chelsea bag) showing strong sell-through and consumer demand. - Marketing investments increased by ~50% to support sustained customer acquisition and sales. - Balanced first and second half year revenue growth expected at Tapestry level, with Coach guidance raised to low double-digit growth in Q4. No direct figures or commentary on orderbooks or pending orders are provided in the document.