WASHINGTON (dpa-AFX) - While reporting its financial results for the second quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the third quarter in about mid-single digits from last year on a constant currency basis.
Looking ahead to fiscal 2026, the company now projects revenues to increase 5 to 6 percent from last year on a constant currency basis, up from the prior forecast for growth in the low to mid-single digits.
On average, analysts polled expect net sales growth of 3.93 percent to $2.23 billion for the quarter and net sales growth of 7.25 percent to $7.59 billion for the year.
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