Ralph Lauren Corp. (RL) reported third quarter adjusted net income of $2.40 per share Wednesday morning, which topped the consensus estimate of $2.19. Net revenues grew to $1.85 billion from $1.81 billion in the same quarter last year, and matched the consensus estimate.
Ralph Lauren gapped open sharply higher Wednesday and is now up 14.09 at $179.00 on above average volume. The stock has broken out of nearly a 1-month range and has set a 9-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.