Ralph Lauren rises after upbeat quarterly results

Shares of Ralph Lauren RL.N up 3.4% at $283.1 premarket

Fourth-quarter revenue rises 8% to $1.7 billion, topping estimates of $1.65 billion; adjusted EPS of $2.27 beat expectations of $2 - data compiled by LSEG

Forecasts annual revenue to increase by about low-single digits, with growth weighted to the first half of its fiscal year, compared to estimates of a 4.39% rise

Expects annual gross margin to be about flat, based on its assessment of current tariff rates

Up to last close, stock has risen 18.6% YTD