Ralph Lauren (RL) Q1 Earnings Beat, Higher Comps Aid Revenues

Ralph Lauren Corporation (RL) has posted impressive first-quarter fiscal 2025 results, wherein the bottom and top lines beat the Zacks Consensus Estimate. Results have gained from robust demand and brand strength. The company has been on track with its Next Great Chapter: Accelerate plan. RL has reported adjusted earnings per share of $2.70, which surpassed the consensus estimate of $2.45. Also, the bottom line increased from earnings of $2.34 per share in the year-earlier quarter. Net revenues grew 1% year ...