Ralph Lauren's net income for the first quarter was $1.72 billion, exceeding market expectations.
American fashion brand Ralph Lauren's comparable sales in the first quarter increased by 13%, exceeding expectations of 9.61%; net income for the first quarter was $1.72 billion, exceeding the expected $1.65 billion; adjusted earnings per share for the first quarter were $3.77, exceeding the expected $3.49. Ralph Lauren's stock rose 2.81% in pre-market trading.
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