Stocks with the largest changes before the market opens: Tapestry, Yeti, Bullish, StubHub, Cerebras, and others.

August 13, 2026

Pre-Market Trading Highlights

Here’s a look at some notable movements in pre-market trading:

Tapestry — The parent company of brands like Kate Spade and Coach saw its shares drop by 7% following an unsatisfactory fiscal fourth quarter. Tapestry reported earnings of $1.32 per share on revenues of $1.88 billion. Earnings beat the FactSet consensus of $1.28 per share, though revenues were just slightly higher than the expected $1.87 billion. They’ve also increased their quarterly dividend from 40 cents to 46.25 cents per share.
Yeti — The cooler and drinkware manufacturer’s shares dipped nearly 4% after mixed results for the second quarter. Yeti’s adjusted earnings per share came in at 67 cents, surpassing the consensus estimate of 54 cents. Sales totaled $483.9 million, which was slightly above expectations of $483.8 million.
BIRKENSTOCK — The British shoe company’s shares jumped 10% after its quarterly results exceeded expectations for both sales and earnings before interest, taxes, depreciation, and amortization (EBITDA). They also stated their full-year sales and adjusted EBITDA are expected to meet the high end of prior forecasts.
Bullish — Shares gained 1% after strong second-quarter results showed revenue of $92.6 million, surpassing the analysts’ expectation of $87.4 million. They also raised their full-year outlook for subscription and services revenue.
JD.com — The Chinese e-commerce firm experienced about a 4% drop in its U.S.-listed shares, despite reporting solid sales and earnings growth. JD.com’s adjusted earnings per share reached 6.29 yuan, exceeding the FactSet estimate of 5.61 yuan. Although revenue decreased to 346.4 billion yuan compared to last year, it still beat expectations of 342.33 billion yuan.
EnerSys — This battery manufacturer saw its shares jump 13% after reporting quarterly profits and revenues significantly above Wall Street’s expectations. EnerSys posted adjusted earnings of $3.66 per share against the projected $2.84 billion, with revenue hitting $935.6 million, beating the consensus estimate of $928 million. Their second-quarter EPS outlook also looked promising.
Grocery Store — The grocer reported a second-quarter EPS of 20 cents, exceeding the expected 13 cents. Revenue was $1.19 billion, which is above the consensus estimate of $1.17 billion, leading to a 9% rise in stock price.
Jack in the Box — The fast-food chain saw an increase of over 6% after its fiscal third-quarter profit surpassed expectations. The company earned 96 cents per share, which was more than the estimated 88 cents.
Red Robin Gourmet Burgers — This restaurant chain’s stock climbed nearly 4% following second-quarter results that exceeded expectations. They earned 12 cents per share, excluding some items, against a revenue of $277.6 million, compared to forecasts of breaking even on sales of $265.8 million.
Coherent — The photonics firm faced a 5% decline in after-hours trading as fourth-quarter adjusted gross margins were close to expectations. Their non-GAAP gross margin was 40.2%, just above the consensus estimate of 40%. First-quarter earnings and revenue guidance, however, exceeded analysts’ expectations.
Cerebras Systems — This AI chip maker experienced an almost 18% drop in stock price, with second-quarter revenue reported at $180 million, below LSEG’s consensus estimate of $194 million.
StubHub — The event ticket secondary market saw a decline of nearly 17%. Their adjusted gross margin for the second quarter was 82.2%, falling short of the StreetAccount consensus of 84.3%. They also reaffirmed their full-year adjusted EBITDA outlook.
Cisco Systems — The company’s share price fell by 6% as its fourth-quarter adjusted gross margin barely exceeded expectations, coming in at 66.3% compared to the 66% that analysts were forecasting.