Ralph Lauren's first-quarter revenue beats market expectations, driven by Asia and North America

Earnings
โดย Reuters·US·Read original
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US apparel giant Ralph Lauren reported first-quarter revenue for the April-to-June period of 2026 of 1.96 billion dollars, exceeding the analyst consensus of 1.87 billion dollars compiled by LSEG. Adjusted earnings per share also came in at 4.59 dollars, topping the market forecast of 4.32 dollars. Revenue in Asia rose 24 percent year on year, led by China which recorded growth of over 40 percent, while North American revenue grew 13 percent. The company raised its full-year revenue outlook, and its stock price climbed about 7 percent. Meanwhile, revenue in Europe increased only 7 percent, and the chief financial officer cited macroeconomic uncertainty and a decline in tourist numbers as concerns.

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