08:47 AM EST, 11/07/2024 (MT Newswires) -- Ralph Lauren ( RL ) reported fiscal Q2 adjusted net income Thursday of $2.54 per diluted share, up from $2.10 a year earlier.

Analysts polled by Capital IQ expected $2.42.

Net revenue for the quarter ended Sept. 28 was $1.73 billion, up from $1.63 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.68 billion.

For fiscal Q3, the company expects revenue growth of around 3% to 4%. Analysts forecast revenue of $1.96 billion.

For fiscal 2025, Ralph Lauren ( RL ) said it now expects revenue to increase roughly 3% to 4%, up from its prior range of about 2% to 3% growth.

Shares of the company were up 8.6% in recent Thursday premarket activity.

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