WASHINGTON (dpa-AFX) - While reporting its financial results for the third quarter on Thursday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the fourth 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 in the high-single to low-double digits on a constant currency basis, up from the prior forecast for a growth of 5 to 6 percent.
On average, analysts polled expect net sales growth of 3.92 percent to $1.76 billion for the quarter and net sales growth of 10.06 percent to $7.79 billion for the year.
In Thursday's pre-market trading, RL is trading on the NYSE at $331.88, down $22.85 or 6.44 percent.
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