07:26 AM EDT, 05/08/2025 (MT Newswires) -- Tapestry (TPR) reported fiscal Q3 adjusted earnings Thursday of $1.03 per diluted share, up from $0.81 a year earlier.

Analysts surveyed by FactSet expected $0.88.

Net sales for the quarter ended March 29 were $1.58 billion, up from $1.48 billion a year earlier.

Analysts surveyed by FactSet expected $1.53 billion.

The company now expects fiscal 2025 adjusted EPS of about $5, compared with its prior range of $4.85 to $4.90. Analysts surveyed by FactSet expect $4.91.

Tapestry now expects full-year revenue growth of 4% versus its prior outlook for a roughly 3% increase.

The company's shares were up 9.1% in recent premarket activity.