The apparel company reported adjusted earnings of $4.59 per share and lifted its fiscal 2027 outlook amid strong regional demand.
Ralph Lauren (RL) shares climbed 8% in early trading after the company posted first-quarter adjusted earnings of $4.59 per share, exceeding expectations. The results prompted an upward revision of its fiscal 2027 outlook, driven by robust growth in Asia and North America.
Prior to the report, analysts had anticipated lower earnings, while the company’s previous quarter had shown modest gains. The raised guidance reflects sustained consumer demand and improved performance across key markets.
The stock’s rally underscores investor confidence in the company’s growth trajectory and regional expansion strategy.