While reporting its financial results for the second quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the third quarter in about mid-single digits from last year on a constant currency basis.
Looking ahead to fiscal 2026, the company now projects revenues to increase 5 to 6 percent from last year on a constant currency basis, up from the prior forecast for growth in the low to mid-single digits.
On average, analysts polled expect net sales growth of 3.93 percent to $2.23 billion for the quarter and net sales growth of 7.25 percent to $7.59 billion for the year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.