Ralph Lauren beats quarterly revenue estimates
06/08/2026 13:03
Ralph Lauren beats quarterly revenue estimates Aug 6 (Reuters) - Ralph Lauren RL.N beat Wall Street estimates for first-quarter revenue on Thursday, helped by strong demand from young and affluent shoppers for its high-priced collections, including linen shorts and lightweight outerwear.
The high-end apparel company, founded by designer Ralph Lauren in 1967, has reported strong growth in recent months despite a broader slowdown in the global luxury sector.
The company posted quarterly revenue of $1.96 billion, compared with analysts' estimates of $1.87 billion, according to data compiled by LSEG.
(Reporting by Anuja Bharat Mistry in Bengaluru and Danielle Kaye in New York; Editing by Tasim Zahid)
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