
Ralph Lauren Corp. reported strong third-quarter results for fiscal year 2025, with adjusted earnings per share of $4.82 surpassing the consensus estimate of $4.49. The company's revenue reached $2.14 billion, beating the expected $2.01 billion. The performance was driven by a robust holiday season, leading Ralph Lauren to raise its full-year outlook. The stock hit an all-time high, reflecting investor confidence in the company's growth trajectory, with shares rising 9.69%. In contrast, Capri Holdings, the parent company of Michael Kors, Versace, and Jimmy Choo, faced challenges. Capri reported a third-quarter adjusted EPS of $0.45, missing the estimate of $0.66, with sales at $1.26 billion in line with expectations. Capri's CEO John Idol acknowledged the company's struggles, citing weakening demand for luxury goods in key markets. The company lowered its annual revenue forecast to $4.4 billion, below the anticipated $4.5 billion. Tapestry Inc., which owns Coach, Kate Spade, and Stuart Weitzman, also reported strong results, with a second-quarter EPS of $2.00 and revenue of $2.2 billion, both exceeding expectations. Tapestry raised its full-year guidance, buoyed by strong demand for its Coach brand, which saw a 10% sales increase. The company's stock surged 15.8% in premarket trading.
Ralph Lauren stock hits all-time high on strong holiday sales, earnings https://t.co/NIguCXNiNe via @investopedia $RL 273.14 (+9.69%) https://t.co/mFxzjsWJot
Tapestry shares more than doubled in 6 months, and one investor thinks gains could be limited from here https://t.co/VwvP2VU2PP
Coach handbags quietly doubling in price over the past six months. Apparently, blocking this $TPR <> $CPRI deal did more to raise prices than narrowing the competition in the "affordable luxury" sector!! https://t.co/Xg1JkXnTCr












