Burberry Shares Pop as Luxury Trench-Coat Maker Warms Up to Gen Z

Burberry BRBY -1.05%decrease; red down pointing triangle shares jumped after the trench-coat maker reported a rise in sales for the third quarter of fiscal 2026 and flagged robust interest from Gen Z customers.

London-listed shares rose 5.3% to 12.8 pounds when the market opened Wednesday, after it reported 665 million pounds ($893.8 million) in retail revenue for the fiscal third quarter.