Ralph Lauren Corp. (RL) reported fourth quarter net income of $0.99 per share Tuesday morning, up from $0.74 per share in the previous year. The consensus estimate was for EPS of $0.83. Revenues grew 13.7 percent to $1.62 billion from $1.43 billion last year.
The company expects first quarter consolidated revenues to increase by a low single-digit percentage. For fiscal 2013, the company currently anticipates consolidated revenues to increase by a mid-single-digit percentage.
Ralph Lauren has gapped open sharply higher this morning and is now up 10.69 at $156.99. The stock rebounded off of support yesterday, following a 2 1/2 week decline.
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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.