Luxury Fashion Company Ralph Lauren Q3 Revenue Surges 11% On Robust Holiday Sales; Stock Jumps
1. Ralph Lauren's Q3 FY25 sales grew 11% to $2.14 billion. 2. Adjusted EPS of $4.82 surpassed estimates of $4.49. 3. Company expects FY25 revenue growth now at 6% to 7%. 4. Gross margin improved to 68.4%, reflecting better profitability. 5. Shares surged 15.1% following the positive earnings report.