Ralph Lauren rises after upbeat quarterly results

Shares of Ralph Lauren RL.N rise as much as 2.7% to $281.18 in early trading

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

Co is assessing additional pricing actions for FY25 and spring FY26 to mitigate the potential impact of evolving tariffs

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

Expects annual gross margin to be about flat, based on assessment of current tariff rates; says tariffs will impact gross margins in second half of year

Brokerage Telsey Advisory Group says co has the right strategies in place to deliver topline growth off a stronger foundation, while continuing to invest in the long-term health of the business

Up to last close, stock has risen 18.6% YTD