BUZZ-Ralph Lauren up after annual revenue forecast raise, upbeat Q3 results
ReutersFeb 6, 2025 1:52 PM
Shares of Ralph Lauren RL.N up 12.4% at $279.94 premarket
Co raises annual revenue forecast on strong demand for its apparel collection
Sees 2025 revenue increase between 6% and 7%, vs. prior forecast of a 3% to 4% rise
Q3 sales of $2.14 billion beat estimates of $2.01 billion and adjusted EPS of $4.82 also ahead of estimates at $4.49- data compiled by LSEG
RL rose ~60% in 2024
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