Ralph Lauren rises after raising annual revenue forecast

Ralph Lauren

07/08/2025 13:20

** Shares of Ralph Lauren RL.N up about 3% at $312.59 premarket

**  RL raises annual revenue forecast driven by robust demand for its Polo shirts and cable-knit sweaters

**Co expects fiscal 2026 revenue to rise low-to mid-single digits from last year, compared with its prior target of a low-single digits increase

** Also reports Q1 adj earnings per share of $3.77 vs. analysts estimates of $3.50, according to data compiled by LSEG

** As of last close, stock up 31% YTD

 (Reporting by Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))