Ralph Lauren raises 2027 growth forecast after Q2 beat

Ralph Lauren reported second-quarter revenue of $2.19 billion, up 9% from a year earlier and above analyst expectations, while adjusted earnings were $4.64 per share, also exceeding consensus. Citing strong performance and demand from younger shoppers in North America and Asia, the company raised its fiscal 2027 revenue-growth forecast to 6%–7%, from a prior outlook of 5%–6%. For the third quarter, it expects revenue growth of about 3%–4% on a constant-currency basis and operating-margin expansion of roughly 50–70 basis points, while anticipating higher holiday marketing investment.