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Kate Spade (KATE) Stock Up in Pre-Market Trading After Earnings Beat

NEW YORK (TheStreet) -- Kate Spade (KATE - Get Report) stock is up by 4.95% to $20.76 in pre-market trading on Thursday, after the company's third quarter earnings results beat analysts' expectations.

Before the market open on Thursday, the accessory company reported earnings of 6 cents per share, up from flat earnings for the year-ago period.

Revenue increased by 26.1% year over year to $275 million.

Analysts were expecting the company to report earnings of 4 cents per share on revenue of $280.02 million for the most recent quarter.

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