🔴 Ralph Lauren is trading 8.27% down in pre-market on measured third-quarter revenue outlook

Ralph Lauren is trading 8.27% lower at $378.00 in pre-market, with its measured third-quarter outlook likely pressuring shares.

• Second-quarter adjusted earnings were $4.64 per share and revenue was $2.19 billion, both ahead of expectations.
• Fiscal 2027 revenue growth outlook rose to 6%–7% from 5%–6%; third-quarter constant-currency revenue growth is expected at 3%–4%.
• Reuters also noted the raised annual forecast and strong demand.