Ralph Lauren shares jumped nearly 10% ahead of market open following better-than-expected fourth-quarter earnings results.
Ralph Lauren (RL) climbed 9.8% in premarket trading after reporting stronger-than-expected fourth-quarter earnings. The apparel company’s results surpassed analyst estimates, driving investor optimism ahead of the market open.
Stock index futures edged lower Thursday as traders assessed Nvidia’s latest quarterly earnings report. Ralph Lauren’s rally stood out amid broader market caution, reflecting positive sentiment around its financial performance.
No immediate market reaction details were provided beyond the premarket gain.