Ralph Lauren's Fiscal Q3 Adjusted Earnings, Revenue Increase; Raises Fiscal 2025 Revenue Guidance -- Shares Rise Prebell

MT Newswires Live
02-06

Ralph Lauren (RL) reported fiscal Q3 adjusted earnings Thursday of $4.82 diluted share, up from $4.17 a year earlier.

Analysts polled by FactSet expected $4.53.

Revenue for the quarter ended Dec. 28 was $2.14 billion compared with $1.93 billion a year earlier.

Analysts surveyed by FactSet expected $2.01 billion.

For fiscal 2025, the company raised its revenue guidance to increase 6% to 7% from 3% to 4% on a constant currency basis. Analysts polled by FactSet expect $6.87 billion.

Shares of the company rose more than 12% in recent premarket activity.

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