Polo Ralph Lauren (RL) reported third quarter net income of $1.78 per share Wednesday morning, up from $1.72 per share in the prior year. The consensus estimate was for EPS of $1.67.
Polo Ralph Lauren gapped open dramatically higher Wednesday, but traded in a range for the majority of the day. The stock closed higher by 14.42 at $171.49 on the highest volume in nearly 6 months. Shares broke out past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.