BUZZ-Ralph Lauren up after annual revenue forecast raise, upbeat Q3 results

Reuters

2025/02/06

** Shares of Ralph Lauren RL.N up 12.4% at $279.94 premarket

** Co raises annual revenue forecast on strong demand for its apparel collection

** Sees 2025 revenue increase between 6% and 7%, vs. prior forecast of a 3% to 4% rise

** Q3 sales of $2.14 billion beat estimates of $2.01 billion and adjusted EPS of $4.82 also ahead of estimates at $4.49- data compiled by LSEG

** RL rose ~60% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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