While reporting its financial results for the third quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth to be in a range centered around 2 percent in constant currency to last year.
For fiscal 2024, the company also continues to expect revenues to increase approximately low-single digits to last year on a constant currency basis, now centering around 2 percent, compared to 1 to 2 percent previously.
On average, analysts polled by Thomson Reuters expect net sales growth of 1.10 percent to $1.56 billion for the quarter and net sales growth of 1.90 percent to $6.56 billion 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.