By Dean Seal
Ralph Lauren boosted its profit with lower cotton costs and higher prices in its fiscal fourth quarter.
The luxury apparel and accessories company posted a profit of $129 million, or $2.03 a share, for the first three months of 2025. That's up from $90.7 million, or $1.38 a share, in the same quarter a year earlier.
Stripping out one-time items, adjusted earnings were $2.27 a share. Analysts polled by FactSet had been expecting $2.04 a share.
Revenue jumped 8% to $1.7 billion, topping analyst estimates for $1.65 billion, according to FactSet.
The top line grew across each region and in both its brick-and-mortar and digital channels. Margins, meanwhile, expanded from stronger product mixes, higher prices and lower cotton costs.
For fiscal 2026, which started March 30, the company said it expects revenue to rise in the low-single-digit percentage range with growth weighted toward the front half.
Shares ticked up 2.2% to $280 in premarket trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
May 22, 2025 08:39 ET (12:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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