Tapestry Inc.'s stock soared 5.29% in pre-market trading on Thursday, following the release of its strong fiscal third-quarter results.

The significant pre-market gain comes after the company reported quarterly profit and revenue that exceeded analysts' estimates, driven by resilient demand for its Tabby handbags and other leather goods from younger shoppers. Tapestry also raised its annual revenue and earnings per share forecasts for the third time this year, signaling confidence in its continued growth trajectory.

The company demonstrated strong performance across key markets, with reported revenue growth of 31% in Europe and 20% in North America compared to the year-ago period. This positive earnings report and upward revision of full-year guidance have generated substantial investor optimism ahead of the regular trading session.