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, but traded in a range throughout the session. The stock closed up by 9.72 at $174.63, with volume at an 8-month high. Ralph Lauren rose above nearly a 1-month range and set a 9-month high.
For comments and feedback contact: editorial@rttnews.com
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.